Question 4 Solve the problem Find the amount financed if a 2

Question 4

Solve the problem.

Find the amount financed if a $25 down payment is made on a camera with a cash price of $260.

$235

$25

$260

$315.86

Solution

Amount Financed = Cash Price - Down Payment

=> $260 - $25

=> $235

Hence the correct answer is Option A