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17 March, 09:00

A used motorcycle can be purchased for $500 cash or on credit with a $200 down payment plus payments of $70 per month for 5 months. How much would be saved by paying cash?

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  1. 17 March, 09:29
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    In cash = $500

    In credit = $200+5 ($70)

    = $200+350

    = $550

    So 550-500

    =$50
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