Question

Krystal bought a refrigerator from a rental center for $1,050. She makes 16 monthly payments of $112.75 with her credit card. The rental center charges $1.25 for every payment made with a credit card. What is the total cost of the refrigerator?
$1,050

$1,804

$1,824

$2,052

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Answer 1

The total cost of the refrigerator was $1,824

Answer 2

Let

n--------> number of monthly payments

x-------> amount of monthly payments with Kristal's credit card

y-------> charges for every payment made with a credit card

T-------> total cost of the refrigerator

we know that

$n=16\\x=\ 112.75\\ y=\ 1.25$

the total cost of the refrigerator is equal to

$T=n(x+y)$

substitute the values in the formula

$T=16*(112.75+1.25)$

$T=16*114$

$T=\ 1,824$

therefore

the answer is

the total cost of the refrigerator is equal to $\ 1,824$