Which of the following options is a better purchase for a bicycle? A cash sale for $88 or $5 down with equal payments of $8 for 10 weeks or %12 down with equal payments of $5 for $12 months or $20 down with equal payments of $20 for $12 months?

Question

Mathematics

Guest

18 January, 22:24

Which of the following options is a better purchase for a bicycle? A cash sale for $88 or $5 down with equal payments of $8 for 10 weeks or %12 down with equal payments of $5 for $12 months or $20 down with equal payments of $20 for $12 months?

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Answers (1)

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Miranda Michael · Answer 1

A cash sale for 88

5 down + 8 (10) = 5 + 80 = 85

12 down + 5 (12) = 12 + 60 = 72

20 down + 20 (12) = 20 + 240 = 260

I am gonna have to go with 12 down + equal payments of $ 5 for 12 months