Karly Villanueva

Business

25 June, 14:03

Suppose that an installment plan calls for five payments to be made. The total paid in this plan is 20% more than the price would be if paid in full immediately. The price of the item is $200. How much will each installment payment be?

A. $40

B. $52

C. $240

D. $48

+4

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