At a certain supplier, a machine of type A costs $20,000 and a machine of type B costs $55,000. 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?
Pick one
A) $10,000 B) $11,200 C) $12,000 D) $19,800 E) $13,200
1 machine of type B will cost: 20% down payment of 55,000 = 11,000plusremaining sum (55,000-11,000=44,000) with 40% of finance charges 44,000*1.4=61,600 --&gt; 11,000+61,600=72,600;   2 machine of type A will cost: 20% down payment of 2*20,000 = 8,000plusremaining sum (40,000-8,000=32,000) with 40% of finance charges 32,000*1.4=44,800 --&gt; 8,000+44,800=52,800;   Difference = 72,600 - 52,800 = 19,800.   Answer: $19,800.
<result>D</result>
At a certain supplier, a machine of type A costs $20,000 and a machine of type B costs $55,000. 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?