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The retail price of a smartphone is $600. You purchase the phone by making 24 equal monthly payments. The amount of each monthly payment is $|
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The retail price of a smartphone is $600. You purchase the phone by making 24 equal monthly payments.

The amount of each monthly payment is $|

User Iamorozov
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1 Answer

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you have to divide 600 dollars by 24 months which equals $25 so you have to pay $25 dollars every month for 2 years.

(if you want to check you can multiply 25x24)

The answer: $25
User Pshah
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