The following options is a better purchase for a bicycle: Option 1: A cash sale for $88 Option 2: $5 down with equal payments of $8 for 10 weeks Option 3: $12 down with equal payments of $5 for 12 months Option 4: $20 down with equal payments of $20 [ for 12 months. An option 3: $12 down with equal payments of $5 for 12 months is a better purchase for a bicycle. Option 1: $88 cash Option 2: $5 down + $8 * 10 = $85 Option 3: $12 down + $5 * 12 = $72 (answer) Option 4: $20 down + $20 + 12 =$260.