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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