Melvin Armijo purchased new carpet for $1,498.96; laminated
flooring for $2,365.45; kitchen cabinets for $7,864.44; and a
countertop for $936.12. The Home Supply credit plan requires
a 15% down payment.
a. What is the total amount of the purchases?
b. What is the down payment?
c. What is the amount financed?
