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Adam bought a treadmill and a dirt bike from a sports equipment store for y dollars. He signed an installment agreement requiring an 8% down

payment and monthly payments of x dollars for 18 months. Which expression correctly represents Adam's finance charge?

A. 0.8y

B. 18y

C. 18x-0.92y

D. 18x-0.08y

E. 18y-0.92x

Question

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Mathematics

3 December, 02:34

Giving Brainliest if correct!

Adam bought a treadmill and a dirt bike from a sports equipment store for y dollars. He signed an installment agreement requiring an 8% down

payment and monthly payments of x dollars for 18 months. Which expression correctly represents Adam's finance charge?

A. 0.8y

B. 18y

C. 18x-0.92y

D. 18x-0.08y

E. 18y-0.92x

+1

Answers (2)

Know the Answer?

Mollie Hutchinson · Answer 1

Mollie Hutchinson 3 December, 02:40

0

The answer is A. 0.8y

Francis Pollard · Answer 2

I'm glad you asked!

Step-by-step explanation:

The answer is 0.8y.

Since it is 18 dollars, we need to take away the ten and put a decimal there since it is 8%.

That gives us 0.8. We don't need x anymore because we solved the problem, so instead of using x, we do y which is a solution.