Question

Alex Murphy purchased a TV with surround sound and remote control on an installment plan with a $60 down payment and 12 payments of $105.48 Find the installment price of the TVThe installment price is $

Answer 1

We have to calculate the installment price.

It will be the sum of the downpayment and the 12 payments.

We can express it as:

$\begin{gathered} P=60+12*105.48 \\ P=60+1265.76 \\ P=1325.76 \end{gathered}$

Answer: $1325.76