What will the last payment be to pay off a $1,250 computer plus 8% sales tax with monthly payments of $120?

Answer 1

1250*1.08=$1350

/120=11.25/month

This fee is divided into the price without interest=#/months.

At the last payment your fee would be $30.

Answer 2

1250 + 1250 * 0.08 = 1350

remainder for 1350 / 120 is 30.

so it is either $30 or ($120 + $30 =) $150, it depends on the payment plan