1. An online buying club offers a membership for $120, for which you will receive a discount of 10 percent on all brand-name items you purchase. How much would you have to buy to cover the cost of the membership?

2. John Walters is comparing the cost of credit to the cash price of an item. If John makes a down payment of $100 and pays $35 a month for 24 months, how much more will that amount be than the cash price of $701?