Mona bought a computer for $\$ 200$. She agreed to pay $\$ 50$ per month for 4 months, plus $2 \%$ interest, on the unpaid balance. Find the total cost of the computer.
A) $\$ 190$
B) $\$ 208$
C) $\$ 210$
D) $\$ 206$

Question

Quizplus · Accepted Answer

The total cost includes the initial price plus interest. Mona pays $50 each month for 4 months, totaling $200. Interest is calculated on the unpaid balance each month. The total interest paid is $10, making the total cost $210.

Mona Bought a Computer For $200\$ 200$200 She Agreed to Pay

Mona Bought a Computer For $\$ 200$ She Agreed to Pay