Question

I bought a golf cart for $9200 if I’ve already paid $3000 (call a down payment) and make monthly payment for $129 how many months until my cart is paid off

Answer 1

48 months

Explanation:

The total payment: $9200

Monthly payment : $129

Paid amount : $3000

Amount left to pay,

$6200

`9200 - 3000 = 6200`

$129 each month to complete $6200

`(6200)/(129) = 48`

48 months to pay off that cart