Mathematics

Dale Ballard

29 August, 22:32

Carl wants to buy a television that costs $500, including taxes. To pay for the television, he will use a payment plan that requires him to make a down payment of $125, and then pay $ 72.50 each month for 6 months. What is the percent increase from the original cost of the television to the cost of the television using the payment plan? Explain.

A) 6%

B) 12%

C) 58%

D) 89%