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Alex73 [517]
3 years ago
11

Susie bought a $2,100 computer on an installment plan

Mathematics
1 answer:
fomenos3 years ago
5 0

Answer:

$110 interest paid

Step-by-step explanation:

Let's see how much ultimately Susie has to pay.

90 per month for 2 years (2*12 = 24 months) = 90 * 24 = $2160

Also, she made a 50 dollar downpayment, so total paid is:

2160 + 50 = 2210 dollars

Thus, the cost is 2100, but ultimately she has to pay 2210 for using installment plan.

<u>How much interest is that?</u>

The exxtra amount is the interest, so

2210 - 2100 = $110 interest paid

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