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Haut665
Haut665 Haut665
  • 19-07-2015
  • Mathematics
Answered

Ryan made a 3000 down payment on a car the total cost of the car was 7500 he made 36 equal monthly payments to pay the car in full how much did Ryan pay per month

Verified Answer :

bobeld
bobeld bobeld
  • 19-07-2015

If he put $3000 down he has a balance of $4500.
Spread over 36 monthly payments we take 
$4500 and divide it by 36    $4500/36 and get 36 monthly payments of $125.00

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