Which of the following options is a better purchase for a microwave?

Option 1: A cash sale for $120

Option 2: $5 down with equal payments of $10 for 15 weeks

Option 3: $10 down with equal payments of $5 for 24 months

Option 4: $0 down with equal payments of $15 for 9 months

Question

Mathematics

Blaze Meadows

25 January, 04:45

Which of the following options is a better purchase for a microwave?

Option 1: A cash sale for $120

Option 2: $5 down with equal payments of $10 for 15 weeks

Option 3: $10 down with equal payments of $5 for 24 months

Option 4: $0 down with equal payments of $15 for 9 months

+2

Answers (1)

Know the Answer?

Samir · Answer 1

Option 1 : 120

option 2 : 5% down + 10 (15) = 5% + 150

option 3: 10 down + 5 (24) = 10 + 120 = 130

option 4 : 0 down + 15 (9) = 135

best option is option 1

Which of the following options is a better purchase for a microwave?Option 1: A cash sale for $120Option 2: $5 down with equal payments of $10 for 15 weeksOption 3: $10 down with equal payments of $5 for 24 monthsOption 4: $0 down with equal payments of $15 for 9 months

Which of the following options is a better purchase for a microwave?

Option 1: A cash sale for $120

Option 2: $5 down with equal payments of $10 for 15 weeks

Option 3: $10 down with equal payments of $5 for 24 months

Option 4: $0 down with equal payments of $15 for 9 months