Installment Buying
Amount
Financed
What you
BORROW,

The LOAN
+
Money
Paid NOW
Down
Payment
=
Cost of
the item
Cash
Price
BORROWED $
?
Amount
Financed
+
$ Paid NOW
?
Down
Payment
=
Cost of item
?
Cash
Price
Sara wants to buy a $700
dress, but she can only pay
$200 now.  How much does
she need to finance (borrow)?

Amount
Financed
+
Down
Payment
=
Cash
Price
Sara wants to buy a $700
dress, but she can only pay
$200 now. 
She needs a $500 loan.

Amount
Financed
$500
?
+
Down
Payment
$200
?
=
Cash
Price
$700
?
Maria needs to borrow
$600 for a $950 dress.
How much was her
down payment?
Amount
Financed
+
Down
Payment
=
Cash
Price
Maria needs to borrow
$600 for a $950 dress.
She paid $350 NOW.
Amount
Financed
$600
?
+
Down
Payment
$350
?
=
Cash
Price
$950
?
Joelle must have a $1000 dress.
She puts 20% down and
she finances (borrows) the rest.
Amount
Financed
(fill in the blanks above)
+
Down
Payment
=
Cash
Price
Amount
Financed
Wendy puts 25% down for an
$800 dress.
(fill in the blanks above)
+
Down
Payment
=
Cash
Price
Amount
Financed
Janice puts down 15% for
a $500 dress.  Really, she does.
(fill in the blanks above)
+
Down
Payment
=
Cash
Price
the
end
Fashion Forward
the
end
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