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) Sum-R-Fun Sells a Jet Ski for 5,700 Which Includes Tax They Offer an Installment Plan That Requires 15% Down. After That the Customer

Question

) Sum-R-Fun sells a jet ski for 5,700 which includes tax They offer an installment plan that requires 15% down. After that the customer would pay 150 per month for three years. A) How much is the down payment?

Solution

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Answer

### $855

Explanation

## Step 1: Calculate the down payment percentage.### The problem states the down payment is 15% of the jet ski price. We can represent this as 5700 5700 gives us 855$.