Josie is looking at buying a new phone for $800.If she does not want to pay the entire $800 she has the option of buying the phone for a $150 deposit and making 12 monthly payments of $75 each. If Josie chooses the payment plan what will be the percent increase on the original cost of the phone?

Josie is looking at buying a new phone for 800If she does not want to pay the entire 800 she has the option of buying the phone for a 150 deposit and making 12 class=

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Answer:A 131.25%

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