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?
How much does the case cost? ** First find the cost of the case: $1000 * 20% = $<<1000*20*.01=200>>200
How much do the headphones cost? ** Then find the cost of the headphones: $200 / 2 = $<<200/2=100>>100
How much will the phone contract cost? ** Then find how much the phone contract will cost over a year: $200/month * 12 months/year = $<<200*12=2400>>2400
How much will Lisa spend on her phone in the first year? ** Finally, add the cost of the phone, accessories, and plan over the first year to find the total: $2400 + $100 + $200 + $1000 = $<<2400+100+200+1000=3700>>3700
#### 3700