Question

A sofa can ve purchased for 890.00 cash or by making 12 monthly payments of 92.00. How much would be saved by paying cash?​

Answer 1

You would do 92 x 12 which is 1104 for the monthly payment, then do 1104 - 890 which is 214. So you would save 214$

Answer 2

Answer: $214

Step-by-step explanation:

First find how much you would have to pay if you payed $92 for 12 months. It would be 1104 (12 times 92)

Then you have to substract how much it would cot to pay by cash rather than paying $92 for 12 months. ( 1104-890 = 214)

Your answer is $214. You would save $214 if you pay by cash.

I hope this helps! May God bless you! :)