joshua is in college, and his computer broke. he can get it repaired, but it will take three weeks. what is…

joshua is in college, and his computer broke. he can get it repaired, but it will take three weeks. what is the best decision that joshua can make if he wants to spend the least amount of money? rent a computer for three weeks pay cash for a new computer use a rent - to - own program to buy a new computer use an installment plan to buy a new computer item rent - to - own payments installment plan retail price 50 - inch plasma television $65 per week for one year $146 per month for 12 months $1,450 laptop computer $30 per week for one year $100 per month for 12 months $1,000 refrigerator $28 per week for one year $80 per month for 12 months $800

joshua is in college, and his computer broke. he can get it repaired, but it will take three weeks. what is the best decision that joshua can make if he wants to spend the least amount of money? rent a computer for three weeks pay cash for a new computer use a rent - to - own program to buy a new computer use an installment plan to buy a new computer item rent - to - own payments installment plan retail price 50 - inch plasma television $65 per week for one year $146 per month for 12 months $1,450 laptop computer $30 per week for one year $100 per month for 12 months $1,000 refrigerator $28 per week for one year $80 per month for 12 months $800

Answer

Explanation:

Step1: Calculate rent - to - own cost for laptop

There are 52 weeks in a year. Rent - to - own cost for laptop is $30\times52=$1560$.

Step2: Calculate installment plan cost for laptop

Installment plan cost for laptop is $100\times12 = $1200$.

Step3: Compare costs

Retail price of laptop is $$1000$. Renting a computer for 3 weeks: assume weekly rent is similar to rent - to - own weekly rate for laptop, if rent is $30$ per week, for 3 weeks it is $30\times3=$90$.

Answer:

rent a computer for three weeks