Ex Cash price of a TV is $1200-you agree to pay $200
down and then pay $95 a month for the next 12 months.
How much more will this cost you compared with if you had
paid cash? $95x12 = $1140 + $ 200 (down payment) =
$1340 so it would cost you $140 more on the
installment plan than paying for the TV immediately. To
figure the difference: monthly payment x # of months + down
payment This gives you the installment plan price, then
take the cash price installment plan to get the
difference