18
QuizMultiple Choice

Topic Test

Question 18 • LVA - Mathematical Modeling - Spring

You purchase a new LCD monitor for $1,351. You put a 8% down payment and $59.56 per month on a 24 month purchase plan. What is the amount of the down payment?

Answer
A
$108.08
B
$110.01
C
$112.81
D
$114.32

Explanation

The down payment is 8% of the monitor’s $1,351 price. Calculate 0.08 × $1,351 = $108.08, so the down payment is $108.08 (choice A). The monthly payment and purchase-plan length are not needed for this calculation.

AI-written and checked against the verified answer.

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