Linda bought a washer and dryer from Millpage Laundry Supplies for y dollars. She signed an installment agreement requiring a 15% down payment and monthly payments of x dollars for one year.
a. Express her down payment algebraically.
b. How many monthly payments must Linda make?
c. Express the total amount of the monthly payments algebraically.
d. Express the total amount Linda pays for the washer and dryer on the installment plan algebraically.
e. Express the finance charge algebraically.