8-8. a
Which is a better deal? Sabrina wants to buy a
new digital camera. The one she wants is currently
on sale for $300. She could borrow the money at a
monthly interest rate of 4% simple interest and pay
it off after 6 months. Her other option is to work
for 6 months and then pay cash, but the camera
will no longer be on sale and will cost $350.
Which option will cost her the least money?
Include calculations to justify your advice.