Question

If Tanya purchased a $1,700 set of golf clubs on a 9-month layaway plan and had to pay a monthly payment of $201, what is the sum of the monthly payments? What was the fee charged for the layaway plan?

Answer 1

Answer:

sum:1809

fee:109

Step-by-step explanation:

take 201 times 9 months- 201×9=1809

then 1809-1700=109

Answer 2

From the information given, we have that:

• The sum of her monthy payments is of $1,809.

• The fee charged for the leeway plan was of $109.

For each of the 9 months, Tanya had to pay $201. Thus, in total, the amount she paid in dollars is of:

$T = 9(201) = 1809$

The sum of her monthy payments is of $1,809.

Original price of $1,700, paid $1,809, thus, the fee charged for the leeway plan, in dollars, was of:

$1809 - 1700 = 109$

The fee charged for the leeway plan was of $109.

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