Quantcast

Got Homework?

Connect with other students for help. It's a free community.

  • across
    MIT Grad Student
    Online now
  • laura*
    Helped 1,000 students
    Online now
  • Hero
    College Math Guru
    Online now

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

cherry2012

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.

  • one year ago
  • one year ago

  • This Question is Closed
  1. failmathmajor
    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

    • one year ago
    • Attachments:

See more questions >>>

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
  • 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.