Question

30 PTS!!!
Michael wants a new iPhone. The total cost of the phone is $1249. He can pay $43 down with so much each month added to his bill for 24 months. How much extra will be added to each bill for the next 2 years?

Answer 1

Given : Michael wants a new iPhone. The total cost of the phone is $1249. He can pay $43 down .

remaining each month added to his bill for 24 months.

To Find : How much extra will be added to each bill for the next 2 years?

Solution :

. The total cost of the phone is $1249

Down payment = 43 $

Remaining payment = 1249 - 43 = 1206 $

Time = 2 Years

1 Year 12 month

2 years = 24 months

=> extra will be added to each bill for the next 2 years = 1206/24

= 50.25 $

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