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12 Jan 2020, 07:43
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Family A: 250
Family B: 160
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
87% (02:14) correct
13%
(02:33)
wrong
based on 426
sessions
History
Date
Time
Result
Not Attempted Yet
Two families buy new refrigerators using installment plans. Family A makes an initial payment of $750. Family B makes an initial payment of $1200. Both families make five additional payments to pay off the balance. Both families pay the same amount for their refrigerators including all taxes, fees, and finance charges.
In the table below, identify a monthly payment, in dollars, for Family A and a monthly payment, in dollars, for Family B that are consistent with the installment plan described above. Make only one selection in each column.
In the table below, identify a monthly payment, in dollars, for Family A and a monthly payment, in dollars, for Family B that are consistent with the installment plan described above. Make only one selection in each column.
| Family A | Family B | |
| 50 | ||
| 80 | ||
| 120 | ||
| 160 | ||
| 250 | ||
| 300 |
ShowHide Answer
Official Answer
Family A: 250
Family B: 160
12 Jan 2020, 07:48
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A's monthly installment -A
B's monthly installment -B
5A-5B= 1200-750
A-B=90
So per the options A can be 250
B can be 160
Posted from my mobile device
B's monthly installment -B
5A-5B= 1200-750
A-B=90
So per the options A can be 250
B can be 160
Posted from my mobile device
12 Jan 2020, 12:53
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750 + 5A = 1200 + 5B
5A - 5B = 450
A - B = 90
Only possible option is A=250 and B = 160
5A - 5B = 450
A - B = 90
Only possible option is A=250 and B = 160
