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22 January, 14:02

Tiffany put a $1550 item on layaway by making a 20% down payment and agreeing to pay $120 a month. How many months sooner would she pay off the item if she increased her monthly payment to $180?

A. 18 months sooner

B. 11 months sooner

C. 4 months sooner

D 7 months sooner

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Answers (1)
  1. 22 January, 15:44
    0
    1550*0.8=1240

    1240/120 = approximately 11 months to pay off

    1240/180=approximately 7 months to pay off

    11-7 = 4

    so it would be paid off 4 months sooner, so C is the answer
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