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What is the installment price of the trailer

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Reference no: EM131623090

Question: 1. Zack's Trailer Sales will finance a 16-foot utility trailer with ramps and electric brakes. If a down payment of $100 and eight monthly payments of $82.56 are required, what is the installment price of the trailer?

2. A queen-size bedroom suite can be purchased on an installment plan with 18 payments of $97.42 if an $80 down payment is made. What is the installment price of the suite?

Reference no: EM131623090

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