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Lavina wants to buy a rocking chair for $160. She will pay 10% down and pay the rest in six monthly installments. What will be the amount of each monthly payment?
Lavina wants to buy a rocking chair for $160. She will pay 10% down and pay the rest in six monthly installments. The amount of each monthly payment will be: $24. 10% of $160 is $16. $160-$16 is $144. $144 divided by 6 is $24.
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SecretAgent|Points 1768|
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Asked 5/10/2012 2:43:09 PM
Updated 9/2/2014 4:36:01 PM
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This answer has been confirmed as correct and helpful.
Edited by Janet17 [9/2/2014 4:35:54 PM], Confirmed by Janet17 [9/2/2014 4:36:01 PM]
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