Aubrey and her cousins plan to all chip in to get their grandmother a $530
Christmas present. They can afford to put it on layaway with a 5% down
payment and pay $60 a month after that. If payments are due at the
beginning of each month, when should Aubrey and her cousins make their
first monthly payment?
O
A. June 1
B. April 1
O C. March 1
O D. May 1
SUBMIT
Answer: April 1