Gregory needs to purchase a washer and dryer. He finds both on sale for $2,000. He has decided to pay for them on an installment

Question

2 years ago

14

Gregory needs to purchase a washer and dryer. He finds both on sale for $2,000. He has decided to pay for them on an installment

plan. He will pay 20% down and then make monthly payments of $100 for 18 months. What is the dollar amount ($) of his down payment? How much money are the total payments? What is the finance or interest paid using the installment plan?
SHOW THE WORK PLEASE

Mathematics

1 answer:

Lesechka [4] · Answer 1 · 2022-03-31T23:54:12+03:00

Lesechka [4]2 years ago

6 0

Step-by-step explanation:

.20 times 2000 is your answer = $40 is 20% of 2000.