Paul Peddler wants to purchase a bicycle costing $775. If he chooses to make 12 equal payments, then in dollars and cents the average payment will be ?

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asked Sep 8, 2019 196k views

2 votes

Paul Peddler wants to purchase a bicycle costing $775. If he chooses to make 12 equal payments, then in dollars and cents the average payment will be ?

Mathematics
high-school

AndySousa asked

by AndySousa

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2 Answers

3 votes

Answer:

$64.58/month

Explanation:

Average payment: $775 per payment / 12 payments, or:

$64.58/month

Silx answered Sep 8, 2019

by Silx

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7 votes

He will have to make 12 payments of $64.58

Defoo answered Sep 14, 2019

by Defoo

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