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22 March, 02:11

Suppose that an installment plan calls for five payments to be made. The total paid in this plan is 20% more than the price would be if paid in full immediately. The price of the item is $200. How much will each installment payment be?

A. $40

B. $52

C. $240

D. $48

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Answers (1)
  1. 22 March, 02:18
    0
    He would pay $40

    Your answer is A
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