Listed below are four methods of paying for a polaroid camera with an initial cost of $ 54 $54dollar sign, 54. Method Terms Total Cash None $ 54 $54dollar sign, 54 Credit card 16.99 % 16.99%16, point, 99, percent APR, 29 2929 days grace period $ 54 + $54+dollar sign, 54, plus interest In-store financing 3 33 months interest-free $ ? $?dollar sign, question mark Layaway $ 4 $4dollar sign, 4 set up fee, equal monthly payments $ 58 $58dollar sign, 58 What would be the total cost if choosing in-store financing as a payment method, given that the purchase was paid off within 3 33 months?

Question

54
54+interest
58

Answer 1

The total cost if choosing in-store financing as a payment method, given that the purchase was paid off within 33 months, would be $58.