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Is Paying Over Time a Smart Move?: Activity 2 of 3



Some rent-to-own deals seem like smart moves, until you do the math. Check out the following offer:

Rent a dishwasher! Only $59 per month! After 20 months, you'll own the dishwasher!

To figure out how much this deal will cost, multiply the monthly charge by the number of months.

$59 × 20 = $1,180

In this deal, you'd pay much more than you should. An average dishwasher costs less than $600.

Wanda sees a sign saying: Rent-to-Own a flat-screen TV! Only $49.99 a month for 10 months! How much will the TV end up costing?
Question 2 of 10