Question 5
candice bought a precious stone gold ring for $219.98 on the installment plan. she will pay $26 a month for 10 months. how much is her total cost?
$245.98
$219.98
$260
$40.02
question 6
how much will candice pay in finance charges?
$245.98
$219.98
$260
$40.02

If Candice will pay $26 for 10 months, then she will be paying for the stone gold ring $260, because $26(10) = $260.

But, the normal price of the stone gold is $219.98, and she will pay $260. The financial charge would be the difference between these prices: $260-$219.98= $40.02

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