Mathematics, 25.11.2019 23:31 IDGAFNIGFA
Mary is planning to buy a mobile phone that costs $500. a salesperson at the store informs her about four different installment plans that she can choose from.
plan a: a down payment of $50 and monthly payments of $40 for 12 months
plan b: a down payment of $100 and monthly payments of $80 for 6 months
plan c: no down payment and monthly payments of $60 for 12 months
plan d: no down payment and monthly payments of $100 for 6 months
which plan will have the highest finance charge?
a.) plan a
b.) plan b
c.) plan c
d.) plan d
Answers: 1
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