Answer:
$796
Step-by-step explanation:
We have been given that Marge bought a computer for $699 on the installment plan. The terms of the plan were a down payment of $100, then payments of $58 a month for 12 months.
First of all, we will find the amount paid in 12 months by multiplying $58 by 12 as:
[tex]\text{Amount paid in 12 months}=\$58\times 12[/tex]
[tex]\text{Amount paid in 12 months}=\$696[/tex]
Since Marge paid $100 as down payment, so her total cost would be down payment plus amount paid in 12 months.
[tex]\text{Marge's total cost}=\$100+\$696[/tex]
[tex]\text{Marge's total cost}=\$796[/tex]
Therefore, Marge's total cost was $796.
