mary scherer purchased a wristwatch for $830. she made a down payment of $83 and financed the rest with…

mary scherer purchased a wristwatch for $830. she made a down payment of $83 and financed the rest with eighteen monthly installment payments of $45.24. find the total installment price. the total installment price of the wristwatch was $

mary scherer purchased a wristwatch for $830. she made a down payment of $83 and financed the rest with eighteen monthly installment payments of $45.24. find the total installment price. the total installment price of the wristwatch was $

Answer

Explanation:

Step1: Calculate total of monthly installments

Multiply number of installments by monthly - payment amount. $18\times45.24$ $18\times45.24 = 814.32$

Step2: Calculate total installment price

Add down - payment to total of monthly installments. $814.32 + 83$ $814.32+83=897.32$

Answer:

$897.32$