Question

1. mateo wants to buy a new video game that costs $125. the store offers a 12 - month payment plan that charges 15% interest. how much would mateo end up paying for the video game?

Explanation:

Step1: Calculate interest amount

First, find 15% of the game's cost.
$\text{Interest} = 125 \times 0.15 = 18.75$

Step2: Total cost = cost + interest

Add the interest to the original price of the game.
$\text{Total Cost} = 125 + 18.75 = 143.75$

Answer:

$143.75$