Answer:
$69.4167
Step-by-step explanation:
Data provided in the question:
Installment price of the dishwasher = $983
Down payment for the dishwasher = $150
Total duration of the payment = 12
The amount of the installments payment = ( $983 - $150 ) = $833
Thus,
Each payment for the installment
= ( Installment payment amount ) / ( Total duration )
on substituting the values, we get
Each payment for the installment = $833 / 12 = $69.4167
