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Home Depot sells a $1850 gas grill on the installment plan. The installment agreement includes a 20% down payment and 12 monthly payments of $160.
What is the total cost of the grill on the installment plan?
first find 20% of $1,850, to do this multiply $1,850 by 0.20. this equals 370. then calculate 12 x 160, this equals 1,920. add both values together and you will get the total price of the grill on the installment plan which is $2,290.
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