Listed below are four methods of paying for a printer with an initial cost of
\[\$82\].
Method Terms Total
Cash None
\[\$82\]
Credit card
\[22.99\%\] APR,
\[28\] days grace period
\[\$82 +{}\] interest
In-store financing
\[3\] months interest-free
\[\$82\]
Layaway
\[\$5\] set up fee, equal monthly payments
\[\$?\]
What would be the total cost if choosing layaway as a payment method?
Choose 1 answer:
Choose 1 answer:
(Choice A)
\[\$82\]
A
\[\$82\]
(Choice B)
\[\$82 +{}\] interest
B
\[\$82 +{}\] interest
(Choice C)
\[\$87\]
C
\[\$87\]