Answer:
The cost of the television is
Step-by-step explanation:
Let
x -----> the cost of the television in dollars
we know that
The cost of the television represent 100%
<em>If Matt pays cash</em>
then
so
The cost is 0.93x
<em>If Matt pays with a loan</em>
then
so
The cost is 1.1x
The difference between the two methods is
Remember that
The difference between the two methods is $49.98
so
Solve for x