Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Trey bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $400 more than the desktop. He paid for the computers
Trey bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $400 more than the desktop. He paid for the computers using two different financing plans. For the desktop the interest rate was 7% per year, and for the laptop it was 8% per year. The total finance charges for one year were $275 How much did each computer cost before finance charges?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started