The total cost is given by the sum of the cost used to buy the dishwasher.
Correct Response;
Given;
Cost of the dishwasher = $543.67
Number of monthly payments made = 12
Amount of each monthly payment = $48.62
Amount charged for credit card purchases = $1.75
Late fees paid = $45
Number of times late fees are paid = 4
Solution;
The total cost of the dishwasher, C, is found as follows;
The charges for the credit card purchase, $1.75, is made 12 times.
The late payment fees, $45, is made 4 times.
Therefore;
Total cost, C = $48.62 × 12 + $1.75 × 12 + 4 × $45 = $784.44
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