Neema bought appliances costing $3805 at a store charging 5% add-on interest. She made a $500 down payment and agreed to monthly payments at cost, for the appliances plus interest. The total cost for the appliances plus interest is?

Neema bought appliances costing $3805 at a store charging 5% add-on interest. She made a $500 down payment and agreed to monthly payments at cost, for the appliances plus interest. The total cost for the appliances plus interest is?

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter2: Solving Linear Equations

Section2.2: Use A Problem Solving Strategy

Problem 2.51TI: Jim lent his sister $5,000 to help her buy a house. In three years, she paid him the $5,000, plus...

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Question

Neema bought appliances costing $3805 at a store charging 5% add-on interest. She made a $500 down payment and agreed to monthly payments at cost, for the appliances plus interest.

The total cost for the appliances plus interest is?

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