Problema Solution

Krystal bought a refrigerator from a rental center for $1,050. She makes 16 monthly payments of $112.75 with her credit card. The rental center charges $1.25 for every payment made with a credit card. What is the total cost of the refrigerator?

Answer provided by our tutors

The total cost is US$1824

Solution: 16 monthly payments of $112.75 =16x112.75=1804

              $1.25 for every payment, total charge is 16x1.25=20

             The total cost is 1804+20=1824