Calculate the difference between cash and installment payments.
A.
B.
C.
D.
Step 1: Cash price of the computer = RM2 974.99
Step 2: Monthly installment offered by the company = RM175.50
Step 3: Installment period = 20 months
Step 4: The difference between cash and installment payments = installment payment - cash payment
Step 5: = (RM175.50 × 20) - RM2 974.99
Step 6: = (RM3 510) - RM2 974.99[Multiply 175.50 and 20.]
Step 7: = RM 0.535.01[Subtract RM2 974.99 from RM3 510.]
Step 8: The difference between cash and installment payments = RM535.01.