
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
A person purchases an appliance on an installment plan, priced at $1150. They pay $150 on the day of purchase and $50 each month thereafter, including interest on the outstanding balance. The monthly interest rate is 1%. The first installment payment is due one month after paying the initial $150. How much should be paid in the 10th installment? What is the total cost of the appliance after all loans are paid off?

Present the answer in LaTex format: \boxed{Your answer}
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