2. Linda bought a washer and dryer from Millpage Laundry Supplies for y dollars. She signed an
installment agreement requiring a 15% down payment and monthly payments of x dollars for one
year.
a. Express her down payment algebraically.
b. How many monthly payments must Linda make?
c. Express the total amount of the monthly payments algebraically.
d. If Linda models her payment plan as an arithmetic sequence, give the first term a
and the common ratio d
e. Express the total amount Linda pays for the washer and dryer on the installment plan
algebraically.
f. Express the finance charge algebraically.