Question

Simon's mom is having an addition built on their house for 15,650. She has already paid 1,550. She plans to pay the remaining amount in 25 equal payments. How much is one payment?(2 step problem)

Answer 1

$564

Step-by-step explanation:

• The cost of the addition being built= 15,650

,

• The amount already paid = 1,550.

Thus, the amount still left to be paid will be:

Since she plans to pay the remaining amount in 25 equal payments, divide the remaining amount by 25.

`\text{One Payment}=(14,100)/(25)=564`

One payment is $564.

Method 2

Let each payment = x

The 25 payments = 25x

`\begin{gathered} 25x+1,550=15,650 \\ 25x+1,550-1,550=15,650-1,550 \\ 25x=14,100 \\ (25x)/(25)=(14,100)/(25) \\ x=564 \end{gathered}`

Each payment is $564.