Answer to Question #150640 in Algebra for margarita arguello

Question

Shania bought a $1,550 drum set on an installment plan. The installment agreement included a 20% down payment and 12 monthly payments of $110.78 each. how much is the down payment

Answer 1

payment for 12 months = $110.78\times 12=\$1329.36$

down payment $=1550-1329.36=\$220.64$