Question

On January 1, 2009, Caitlyn owed $16,512 to her friend Miguel, who was kind enough not to charge Caitlyn any interest. Each month during 2009, Caitlyn paid Miguel some of the money she owed. If Caitlyn still owed Miguel $6,144 on January 1, 2010, what was the average amount of Caitlyn's monthly payments?

Answer 1

864

Explanation:

Im not for sure i am correct but i did 16,512- 6,144 which gave me 10,368, i then took that number and divided it by 12, for the months between 01/01/09 and 01/01/10, and gave me 864