9. Sean plans to buy a new tablet for \( \$ 315 \). The store offers him an interest- free payment plan that allows him to pay in monthly installments of \( \$ 25 \). a) How much will Sean still owe after one payment? After two payments? After three payments?
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After making one payment of \( \$ 25 \), Sean will owe \( \$ 315 - \$ 25 = \$ 290 \). After two payments, he will owe \( \$ 315 - 2 \times \$ 25 = \$ 265 \). After three payments, Sean will owe \( \$ 315 - 3 \times \$ 25 = \$ 240 \). So, he will still owe \( \$ 290 \), \( \$ 265 \), and \( \$ 240 \) after one, two, and three payments, respectively. 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.