Question

Gloria pays her insurance three times each year. The first payment is 50% of the annual

premium, and each of the next two payments is 25% of the annual premium. If the annual premium is
$1024, how much is each payment?

Answer 1

First payment (50%) would be 512$

The next two payments would be 32$ each

Explanation:

.5(1024)= 512

.25(512)=128

.25(128)= 32