Question

You buy a $500 TV marked down 15% payment and agree to pay the balance in 12 equal monthly payments. How much is each payment

Answer 1

Answer:

$35.42

Step-by-step explanation:

First we need to find what the price of the TV would be with the 15% off.  Its 15% off meaning its 85% of the original price.  In math, of means multiply so we can multiply 500 by 85% or 0.85.  500 times 0.85 is 425.  Now that we know the reduced price of the TV we can figure out the cost of each payment by dividing the price by 12 because there are 12 payments  425/12=35.42

I hope this helps and please don't hesitate to ask if there is anything still unclear!

Answer 2

If you are discounted 15% then the tv is going to cost $425 because you take %15 of $500 (which is $75) and the. You subtract that from $500 and that gives you $425. Now, you just divide that amount by $12 and that gives you about $35.42/month if you round up. Hopefully that’s the right answer.