Question 19 of 20
At
a certain supplier, a machine of type A costs $20,000 and a machine of type B
costs $50,000. Each machine can be purchased by making a 20 percent down
payment and repaying the remainder of the cost and the finance charges over a
period of time. If the finance charges are equal to 40 percent of the remainder
of the cost, how much less would 2 machines of type A cost than 1 machine of
type B under this arrangement?