A woman bought a new color television with a $40 down payment and 16 monthly payments of $20 each. What was the total cost of the television?

Answer 1

To find the total cost of the television, we need to add the down payment to the total amount paid in monthly installments.

1. Down payment: $40
2. Monthly payments: 16 payments of $20 each

First, calculate the total amount paid in monthly payments:

\[ \text{Total monthly payments} = 16 \times 20 = 320 \]

Next, add the down payment to this total:

\[ \text{Total cost of television} = \text{Down payment} + \text{Total monthly payments} = 40 + 320 = 360 \]

Therefore, the total cost of the television is $360.