The lowest is the cash price for other options, you have to pay more for a laptop and refrigerator. Then the suitable method is to save up and pay cash.
The process of making choice is by identifying the correct decision, gathering information, and assessing alternative solutions.
If someone were unable to pay cash right now then the suitable method will be
For laptop:
Rent to own payments will be
$150 each month for 12 months, then the total becomes
⇒ 150 × 12 = $1800
The installment plan will be
$100.83 each month for 12 months, then the total becomes
⇒ 100.83 × 12 = $1209.96
The cash price is $1000. So, the lowest is the cash price for other options you have to pay more.
For refrigerator:
Rent to own payments will be
$140 each month for 12 months, then the total becomes
⇒ 140 × 12 = $1680
The installment plan will be
$80.67 each month for 12 months, then the total becomes
⇒ 80.67 × 12 = $968.04
The cash price is $800. So, the lowest is the cash price for other options you have to pay more.
More about the decision-making link is given below.
https://brainly.com/question/3369578
