You are buying a drum set that costs $773. The music store lets you
make a down payment. You can pay the remaining cost in 5 equal
monthly payments with no interest charged. You make a down
payment of $88. How many dollars is each monthly payment?
+23252 First, find out how much you still owe after your down payment:
773 - 88 = 685
Since you are going to make 5 equal payments, divide 685 by 5:
685 ÷ 5 = 137
Your monthly payment will be $137.00.
Check: does 5 x 137 + 88 = 773? If so, we have the right answer; if not, we'll have to rework this...
+23252 First, find out how much you still owe after your down payment:
773 - 88 = 685
Since you are going to make 5 equal payments, divide 685 by 5:
685 ÷ 5 = 137
Your monthly payment will be $137.00.
Check: does 5 x 137 + 88 = 773? If so, we have the right answer; if not, we'll have to rework this...
