A 4-column table has 2 rows. The first column is labeled Item with entries 50-inch television, refrigerator. The second column i
s labeled Rent-to-own payments with entries 27 dollars per week for 1 year, 28 dollars per week for 1 year. The third column is labeled Installment plan with entries 71 dollars per month for 12 months, 80 dollars per month for 12 months. The fourth column is labeled Retail price with entries 480 dollars, 800 dollars. Maria is considering buying a television and a refrigerator for her new apartment. Her monthly budget is $200.
Maria will pay an extra
if she uses the rent-to-own program to buy the television, rather than waiting until she saves up enough money to pay cash for it.
If she saves her money and pays cash, she can purchase a refrigerator in
.
