Antonio buys a television worth $700 at a rent-to-own business. Because he doesn't have $700 on the day of purchase, he will pay $100 per
month for 12 months and will be able to take the television home immediately. How much will Antonio end up spending on the television after
his 12 payments?
OA. $100
OB. $500
OC. $700
OD. $1200