Mandy wants to buy a laptop with monthly payments. She will make a down payment of $120 and pay 74 dollars per month after that. After 12 months, she pays it off. How much was the laptop?

Answer 1

120 + (74 x 12) = 120 + 888 = $1,008

Answer 2

First, figure out how much she will pay in 12 months, given the fact she pays $74 each month.

We can break apart the 12 into 10 and 2 to multiply by 74.

{10 x 74 = 740

2 x 74 = 148

740 + 148 = 888}

so

12 x 74 = $888

Next, you have to add her down payment of $120 to how much she paid in the year ($888).

$120 + $888 = $1,008

She paid $1,008 for the laptop.