TEAS Practice Test Math Related

Review TEAS Practice Test Math related questions and content

A consumer makes a $400 down payment on a television that costs $1,570. Which of the following is the number of months it will take to pay off the television with monthly payments of $100?

  • A. 12
  • B. 16
  • C. 15
  • D. 11
Correct Answer: A

Rationale: After the $400 down payment, the remaining balance is $1,170. With monthly payments of $100, it will take 12 months to pay off the remaining balance. Therefore, the correct answer is 12 months. Choice B (16) is incorrect as it exceeds the required timeframe. Choice C (15) is incorrect as it is close but still one month over the correct timeframe. Choice D (11) is incorrect as it underestimates the time needed to pay off the remaining balance.