Question

When it goes on sale for $1,600, Mikah buys a new plasma television that is valued at $1,800. He takes $300 from his savings account to use as a down payment and finances the rest. Choose the true statement. a. Mikah's assets increased by $1,300. b. Mikah's assets increased by $1,500. c. Mikah's assets increased by $1,600. d. Mikah's assets increased by $1,800. Please select the best answer from the choices provided A B C D

Answer 1

Answer:

B.

Step-by-step explanation:

Mikah only pays $1600 for the TV but it is worth $1800. He takes 300 dollars as a down payment.

1800-300=$1,500