Homework Help: grade 11 math

Posted by neha on Tuesday, May 15, 2012 at 3:49pm.

at giant tv sales, you can chose between 2 payments options for a new tv. 1st option is 2 pay $2399.99. 2nd option is to pay a $399.99 downpayment plus $2200.00 after one year. if interset is 4.2% per year, compunded quarterly, wich option is a better deal

grade 11 math - Steve, Tuesday, May 15, 2012 at 5:24pm
What interest rate are we talking about? They have given you two fixed amounts. Nothing was said about a loan. Better provide more detailed information here.

Is there a 3rd plan, where you finance the $2200?
grade 11 math - devin reese, Thursday, May 17, 2012 at 12:02pm
768
grade 11 math - devin reese, Thursday, May 17, 2012 at 12:03pm
768+288=

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