The line graph illustrates the mean cost of three types of digital devices between 2020 and 2026, measured in dollars, while the bar chart provides information about payment methods used for these devices among four age groups in 2020, measured in percentages.
Overall, it is evident that laptops were the most expensive item, with their price gradually increasing, whereas televisions experienced a steady decline. However, the cost of mobile phones almost remained the same with a slight increase. In terms of payment methods, older generation preferred paying outright compared to the young people, who mainly used other methods for their payments.
In 2020, the average cost of laptops was around 2000 dollars, and this figure grow steadily to approximately 2500 dollars by 2024. Therefore, between 2024 and 2026 the price remained almost constant, rising slightly to 2500 dollars. The price of television was almost 1500 dollars in 2020, but it rapidly declined to 1000 by the end of the given period. Nevertheless, the mobile phones cost stood at around 1300 dollars in the beginning, and then grew modestly to almost 1500 in 2026.
Looking at payment preferences in 2020, almost 80 percent of people aged above 60 years old paid outright instead of choosing other types. This figure dropped steadily with age, declining to about 57 percent among the 40-59 group and to roughly 40 for 26-39 age group. By contrast, 40 percent of young people, aged 18-25 years old, preferred other payment methods, and around 38 percent of them paid by payment plan.