Question
Jeff bought a refrigerator for $1300. He made a 10% down payment and financed the rest at 6% for one year. How much interest did he pay?
Answers
Ms. Sue
1300 * 0.1 = 130
1300 - 130 = 1170
1170 * 0.06 = ?
1300 - 130 = 1170
1170 * 0.06 = ?
70.2
Ms. Sue
Right.
Carol bought a new dining table for $1,100.00. She made 20% down payment and paid $250 a month for 6 months. How much did she pay for the table?
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