Concept explainers
To calculate: each monthly payment for a video game system of
Answer to Problem 46E
Each monthly payment for the video game system is
Explanation of Solution
Given information: Consider the question given to find out each monthly payment for a video game system of
Formula used: Writing and solving a two-step equation.
Calculation : Solve the problem by writing and solving a two-step equation.
Let
Total cost of the video game system= Amount of down payment + Number of months
Hence, each monthly payment is
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