A couch sells for $1260. instead of paying the toatl amount at the time of the purchase, the same couch can be brought by paying 400 down and 80 a month for 12 months. how much is saved by paying the total amount at the time of the purchase

Question

Raven Weber

Mathematics

14 March, 16:35

A couch sells for $1260. instead of paying the toatl amount at the time of the purchase, the same couch can be brought by paying 400 down and 80 a month for 12 months. how much is saved by paying the total amount at the time of the purchase

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Killian Horne · Answer 1

If you pay $400 down, plus $80 for the next 12 months, that means you're paying (80*12) + 400 which is equal to $1360. You're saving $100 by paying the entire total up front.