for questions including taxes: PST = 7% and GST = 5% Cassandra Donaldson Steinway purchases a sound system from Company C. She can either pay for the sound system at the time of purchase or purchase it on the company's buy-now, pay-later plan. If she chooses to pay for the sound system at the time of purchase, the price is $795 (plus taxes). The delivery charge for the sound system is $25. If shechooses the buy-now, pay-later option, the price of the sound system is $869.55 (plus taxes). At the time of purchase, she must pay the taxes, delivery charge, and a $49.99 administration fee. She has 18 monthsto payforher purchase. Ifshe pays during this time period, she will not be charged interest. If Cassandra pays for the sound system at the time of purchase, calculate her total pay-now price. If Cassandra chooses to purchase the sound system using the company's buynow, pay-later option, how much will she pay at the time of purchase? Cassandra purchases the sound system in Octoberand pays foritthe following June. How much will she pay in total for the sound system? Calculate the difference between the total pay-now price and the total pay-later price. Express the difference in the two prices, compared to the total pay-now price, as arate of percent.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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for questions including taxes: PST = 7% and GST = 5% Cassandra Donaldson Steinway purchases a sound system from Company C. She can either pay for the sound system at the time of purchase or purchase it on the company's buy-now, pay-later plan. If she chooses to pay for the sound system at the time of purchase, the price is $795 (plus taxes). The delivery charge for the sound system is $25. If shechooses the buy-now, pay-later option, the price of the sound system is $869.55 (plus taxes). At the time of purchase, she must pay the taxes, delivery charge, and a $49.99 administration fee. She has 18 monthsto payforher purchase. Ifshe pays during this time period, she will not be charged interest. If Cassandra pays for the sound system at the time of purchase, calculate her total pay-now price. If Cassandra chooses to purchase the sound system using the company's buynow, pay-later option, how much will she pay at the time of purchase? Cassandra purchases the sound system in Octoberand pays foritthe following June. How much will she pay in total for the sound system? Calculate the difference between the total pay-now price and the total pay-later price. Express the difference in the two prices, compared to the total pay-now price, as arate of percent.

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