Pregunta
- Sean plans to buy a new tablet for
payment plan that allows him to pay in monthly installments of
a) How much will Sean still owe after one payment?
After two payments?
After three payments?
payment plan that allows him to pay in monthly installments of
a) How much will Sean still owe after one payment?
After two payments?
After three payments?
Ask by Delgado Powell. in the United States
Jan 23,2025
Solución de inteligencia artificial de Upstudy
Respuesta verificada por el tutor
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After 1 payment: $290 owed
After 2 payments: $265 owed
After 3 payments: $240 owed
After 2 payments: $265 owed
After 3 payments: $240 owed
Solución
To determine how much Sean will still owe after each payment, we’ll subtract the monthly installment from the remaining balance each time.
Total Cost of the Tablet: $315
Monthly Payment: $25
Monthly Payment: $25
Let’s calculate the remaining balance after each payment:
After One Payment
- Initial Balance: $315
- Payment: $25
- Remaining Balance:
$315 - $25 = $290
After Two Payments
- Previous Balance: $290
- Payment: $25
- Remaining Balance:
$290 - $25 = $265
After Three Payments
- Previous Balance: $265
- Payment: $25
- Remaining Balance:
$265 - $25 = $240
Summary:
- After 1 payment: $290 owed
- After 2 payments: $265 owed
- After 3 payments: $240 owed
Respondido por UpStudy AI y revisado por un tutor profesional
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After making one payment of
Now, isn’t it interesting how budgeting can help in making such purchases easier? Staying aware of your finances and breaking payments down can make a big purchase feel less daunting! Plus, it’s always good to keep an eye out for hidden fees or terms that could sneak up on you in a payment plan.
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