A community for students.
Here's the question you clicked on:
 0 viewing
cherry2012
 3 years ago
help please,...The purchase price of a new bigscreen TV, including finance charges, was $3276. A down payment of $450 was made. The
remainder was paid in 24 equal monthly installments. Find the monthly
payment.
cherry2012
 3 years ago
help please,...The purchase price of a new bigscreen TV, including finance charges, was $3276. A down payment of $450 was made. The remainder was paid in 24 equal monthly installments. Find the monthly payment.

This Question is Closed

failmathmajor
 3 years ago
Best ResponseYou've already chosen the best response.0Out of the cost of $3,276, you already paid off $450 of it, so $3,276  $450 = $2,826 Which means you have $2,826 left over to pay off. If you make the same payment each month for 24 months, you have to divide up the total cost you have left to pay off into 24 payments, do you divide: \[$2,826 \div 24 = $117.75\] Which means you pay $117.75 every month for 24 months to fully pay off the rest of the payment
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.