Darnell buys homes and flips them by completing renovations to turn a profit on his investment. He is currently working on a hou
se with three bedrooms that need new hardwood floors. He is estimating the total cost to purchase hardwood flooring for the bedrooms with the following dimensions. Bedroom 1: 22 feet by 15 feet
Bedroom 2: 15 feet by 12 feet
Bedroom 3: 13 feet by 12 feet
A big home improvement store advertises the price of two types of flooring, shown below.
$7.25 per square foot
$6.75 per square foot plus a $100 fixed installation fee
Which of these two prices would be best for Darnell to estimate the total cost of new hardwood flooring in the three bedrooms?
If Caleb makes a down payment.,it will reduce the total cost of the loan, since he would be paying part of it "in advance" and lowering the payment amounts.