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Alondra is buying a new phone. It costs 600 because she likes Apple. She does not have $600 now. She signs a payment agreement for $30 a month for 24 months to purchase the new phone.(6)At the end of the agreement how much will she pay for her phone?(7)How much of that is the principle?(8)How much of that is interest?(9)Would you sign a purchase agreement? To buy a new phone? Explain your reasoning.(10)Use these vocabulary words in your answer:(11)Credit, Installment, Interest, Principle, Purchase

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Alondra is buying a new phone. It costs 600 because she likes Apple. She does not have $600 now. She signs a payment agreement for $30 a month for 24 months to purchase the new phone.(6)At the end of the agreement how much will she pay for her phone?(7)How much of that is the principle?(8)How much of that is interest?(9)Would you sign a purchase agreement? To buy a new phone? Explain your reasoning.(10)Use these vocabulary words in your answer:(11)Credit, Installment, Interest, Principle, Purchase

6) $30/month × 24 months    =  $720

7) $600

8) A = P + I   720 = 600 + I        720 - 600 =   I     =      $120

9)  I have,  my interest rate was zero per cent  This one is NOT, but if I didn't have the principle and could affort $30 a month why not?

I don't understand 10)  or 11)

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