The Brick has a Canada Day sale coming up on their living room furniture. The couch...

 

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The Brick has a Canada Day sale coming up on their living room furniture. The couch furniture you want is on sale for $2889.00. You decide to go for their finance program, which includes a down payment of 15% followed by 24 months of $119 payments. How much would you be paying for the couch furniture by the end? Chloe would like to purchase a new Honda Civic. The purchase price is $25,999. The lease deal is 10% down payment, with monthly payments of $319.00 + taxes (12%) for 5 years. The buy-out is $7599.00. How much will the final cost of the car be? (Remember to include the cost of the monthly payments, the tax on the monthly payments, the down payment, the tax on the down payment, and the buy-out.) The Brick has a Canada Day sale coming up on their living room furniture. The couch furniture you want is on sale for $2889.00. You decide to go for their finance program, which includes a down payment of 15% followed by 24 months of $119 payments. How much would you be paying for the couch furniture by the end? Chloe would like to purchase a new Honda Civic. The purchase price is $25,999. The lease deal is 10% down payment, with monthly payments of $319.00 + taxes (12%) for 5 years. The buy-out is $7599.00. How much will the final cost of the car be? (Remember to include the cost of the monthly payments, the tax on the monthly payments, the down payment, the tax on the down payment, and the buy-out.)

Answer rating: 100% (QA)

For Question 1 the solution is below Lets break down the total cost of the couch furniture 1 Down Pa... View the full answer