Question

comparison shopping
item rent - to - own payments installment plan retail price
50 - inch television $27 per week for one year $71 per month for 12 months $480
refrigerator $28 per week for one year $80 per month for 12 months $800
mana is considering buying a television and a refrigerator for her new apartment. her monthly budget is $200.
maria will pay an extra $924 if she uses the rent - to - own program to buy the television, rather than waiting until she saves up enough money to pay cash for it.
if she saves her money and pays cash, she can purchase a refrigerator in
options: 4 months, 7 months, 10 months

Explanation:

Step1: Identify the relevant values

The retail price of the refrigerator is $800, and Maria's monthly budget is $200.

Step2: Calculate the number of months

To find the number of months, we divide the total price by the monthly budget. So, we calculate $\frac{800}{200}$.

Step3: Perform the division

$\frac{800}{200} = 4$.

Answer:

4 months