Lisa bought a new iPhone for $1000. She bought a phone contract that costs $200/month, a case that costs 20% of the cost of the phone, and headphones that cost half as much as the case. How much will Lisa spend on her phone in the first year?
Step-by-step reasoning process below:
3700
First find the cost of the case: $1000 * 20% = $200.

Then find the cost of the headphones: $200 / 2 = $100.

Then find how much the phone contract will cost over a year: $200 / month * 12 months / year = $2400.

Finally, add the cost of the phone, accessories, and plan over the first year to find the total: $2400 + $100 + $200 + $1000 = $3700.

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Therefore, the answer is 3700