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28 August, 22:33

Susan wants to buy a paddle boat for $840. She will pay 20% down and pay the rest in six monthly

installments. What will be the amount of each monthly payment?

A. $168

B. $112

C. $140

D. $28

+2
Answers (2)
  1. 28 August, 22:49
    0
    Good.

    She wants to pay 20% down:

    = 20 / 100 * 840 = 168.

    The remainder = 840 - 168 = 672

    She wants to pay the remainder in six equal payments = 672 / 6 = 112.

    = $112 (B).
  2. 28 August, 22:51
    0
    20/100 x 840=$168 is the amount of money that she has to pay right away

    and the rest = 840-168=$676

    she has to pay in 6 months so $676/6 = 112.6666

    =$112.67 per month

    ->B
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