Drew collins purchased a new treadmill for $1,662. He made 15% down payment and financed the remainder. What amount did he finan

Question

Marrrta [24]

2 years ago

10

Drew collins purchased a new treadmill for $1,662. He made 15% down payment and financed the remainder. What amount did he finan

ce?

Mathematics

1 answer:

BigorU [14] · Answer 1 · 2022-07-21T23:19:31+03:00

BigorU [14]2 years ago

8 0

Given that Collins made 15% down payment, the amount to be financed will be given by:
(Price of treadmill)-(down payment)
down payment=15/100×1662
=$249.3
thus the amount to be financed will be:
1662-249.3
=$1412.7