Calculating the actual price of the security in the Wall ...
What is the percent difference to cash price? Jake went shopping at Trix, Vernon, BC’s best skateboarding and snowboarding store. He found the ultimate snowboard for $400 plus tax. He does not have $400. Trix offers an installment plan to its customers, $120 down and $64 per month for six months. Calculate the cash selling price of the snowboard. ................
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