Round any decimals to the nearest penny.

Question

Using the information from #14, you leave after 6 months. How much is the difference in the amount paid between the two contracts?

Answer 1

Contract A: $700 per month for 6 months = $4,200
Contract B: $725 per month for 6 months = $4,350

Difference in amount paid: $4,350 - $4,200 = $150

Therefore, the difference in the amount paid between the two contracts is $150.