Question

Avis purchased a Jeep for $12,480. Her down payment was $3,600. She paid the remainder in 48 monthly payments. Write a numerical expression that represents her monthly payment. *

Answer 1

9514 1404 393

Answer:

(12480 -3600)/48

Explanation:

Assuming a 0% interest rate, the monthly payment will be 1/48 of the amount remaining after the down payment:

(12480 -3600)/48

_____

= 185