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sleet_krkn [62]
3 years ago
10

Jason is looking for an engagement ring to offer his girlfriend. He has found a similar ring at each of four different jewelry s

tores. He doesn't have enough money to pay for the ring in cash, so he is planning on opening a line of credit (credit card) at the store he ends up buying the ring from. The chart below outlines the difference in the price of the rings the different stores offer as well as the difference in credit options. Jason plans to pay off the ring purchase in 36 months. According to the information in the table, which of the jewelry stores will have the cheapest ring in the end?
Jessie's Jewelry
price=$1,250.00
credit card APR=19%

Über Pawn
price= $1,328.00
credit card APR=18.5%

Diamonds Forever
price=$1,199.00
credit card APR=21%

Diamonds Forever
price=1,199.00
credit card APR=21%




a.
Jessie's Jewelry

b.
Über Pawn

c.
Diamonds Forever

d.
Drake and Family Gold
Mathematics
2 answers:
SOVA2 [1]3 years ago
7 0
The correct answer for this question is this one:

<span>According to the information in the table, which of the jewelry stores will have the cheapest ring in the end?


Jessie's Jewelry
price=$1,250.00
credit card APR=19%

Über Pawn
price= $1,328.00
credit card APR=18.5%

Diamonds Forever
price=$1,199.00
credit card APR=21%

Diamonds Forever
price=1,199.00
credit card APR=21%

a. Jessie's Jewelry

b. Über Pawn

c. Diamonds Forever

<u>d. Drake and Family Gold</u></span>
Hope this helps answer your question and have a nice day ahead.
JulsSmile [24]3 years ago
7 0

The answer is C. Diamonds Forever

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