191k views
6 votes
- Ellen's parents are loaning her

$1,560 to buy a bedroom set. If
she pays her parents back in 24
equal monthly payments, how
much will she pay them each
month?

User Kerrian
by
8.1k points

2 Answers

13 votes
Step-by-step explanation:

her parents are loaning her $1,560, and she has to pay them off in a period of 24 months equally, in this case; you divide the amount of dollars loaned (1,560$) by the period she has to pay them off (24mnths).

ANSWER:

therefore, she will have to pay $65 monthly for 24 months.

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Solve this activity for extra practice:

Billie want to buy a brand new phone. but he wants to pay them off in a period of 12 months. How much would he have to pay every month if the phone costs 972$?


lmk if you need anything, best of luck!! :)
User Kirill Starostin
by
8.3k points
10 votes

Answer:

$65 a month

Step-by-step explanation:

1560 divided by 24

User PEREZje
by
8.2k points
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