A store sells Nintendo Switch for $280.
If you choose a payment plan, you will pay $20 down payment and pay $70 per month for the next 4 months. What is the percent increase from the original cost of the laptop to the cost using the payment plan?

Respuesta :

What laptop youre talking about a nintendo switch

Answer:

The percentage increase is approximately 7.14%

Step-by-step explanation:

If Nintendo Switch cost $280

If you make down payment of $20 and $70 for 4 months, we will have

$20 + ($70) × 4

$20 + $280

= $300

The interest is $300 - $280

= $20

Percentage increase = (20/280) × 100

= 100/14

≈ 7.14%