Modern Electronics offers a one-year monthly installment plan for a big screen TV. The payment for the first month is 882, and then it increases by 4% each month for the rest of the year. Which expression can be used to find the total amount paid in the first 12 months?

Question

03-04-2022
Mathematics

Answered

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Modern Electronics offers a one-year monthly installment plan for a big screen TV. The payment for the first month is 882, and then it increases by 4% each month for the rest of the year. Which expression can be used to find the total amount paid in the first 12 months?

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