The cash price of a refrigerator was $8000. Samantha wanted to buy the refrigerator but pay in installments. If she paid a deposit of $3000 and paid 30 equal monthly installments of $300 each, calculate how much money she would have saved by paying cash.
When Samantha paid $300 in 30 equal monthly installments, she paid a total of $
<gadget id="calculator">300*30</gadget>
<output>9_000</output>
9000.
Since the higher purchase is a deposit plus the total monthly installments, Samatha paid $3000+$9000=$
<gadget id="calculator">3000+9000</gadget>
<output>12_000</output>
12000 for the refrigerator on higher purchase.
If she would have bought the refrigerator on the cash prize, Samantha would have paid $12000- to $8000= $
<gadget id="calculator">12000-8000</gadget>
<output>4_000</output>
4000 less.

<result>4_000</result>