A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing


  • 4 years ago

help please,...The purchase price of a new big-screen 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
  1. anonymous
    • 4 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Out 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

  2. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

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...


  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • 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.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.