Answer:
- the total installment is $936
- the carrying charges are $186
- the monthly rate to buy the items are 19.23 or 20 months
Step-by-step explanation:
$39 for 24 months comes to ...
$39 × 24 = $936
The "carrying charges" are the difference between the cash price and the installment price:
$936 -750 = $186
Saving at the rate of $39 per month, it would take ...
$750/$39 = 19.23 months
about 20 months to save up the cash price.
Often, such savings would come from a once-a-month paycheck, so it would take more than 19 such paychecks to save the required amount.
hope it will help :)
Answer:
2. D
3. B
Step-by-step explanation:
