Tyron and Penelope both bought 4-wheelers. Tyron paid $199 up front,
and will pay the remainder in 12 payments of $50 each. Penelope paid
nothing up front, and will make 18 payments of $49. Who got the better
buy?
First we calculate for Tyron: 199+(12*50)=199+600=$799 And now for Penelope 0+(18*49)=0+882=$882 Since $799<$882 Tyron got the better buy! If you have any questions comment below
