Question 18 Solve the problem Find the installment price of

Question 18

Solve the problem.

Find the installment price of a table bought on the installment plan with a down payment of $30 and 6 payments of $51.12.

$336.72

$30

$306.72

$366.72

Solution

Down payment = $30

6 payment of $51.12

installment payment = 6*51.12 = $306.72

Total Price = 36 + 306.72 = $336.72