contestada

Diego is buying his
grandfathers car for
$4,850. He puts
$2,000 down and will
make 24 equal payments
to pay off the car. If
he is not charged
interest, then how much
will each payment be?

Respuesta :

Answer:

Each payment will be $118.75

Step-by-step explanation:

Since Diego put $2000 down, he is left with $2,850 that needs to be payed equally in 24 payment. Divide 2850 by 24 and you get 118.75.
Answer: $118.75 per payment

Step-by-step explanation: 4850 - 2000 = 2850 2850/24 = 118.75

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