The amount of each of the 6 payments will be $41.50
Step-by-step explanation:
Given,
Cost of bike including taxes = $349
Down payment = $100
Amount left to pay = Cost of bike - Down payment
Amount left to pay = 349 - 100
Amount left to pay = $249
She agrees to pay in 6 equal payments, therefore, we will divide the total amount to pay by 6.
Amount to pay for one month = [tex]\frac{Amount\ left\ to\ pay}{No.\ of\ months}[/tex]
Amount to pay for one month = [tex]\frac{249}{6} = \$41.50[/tex]
The amount of each of the 6 payments will be $41.50
Keywords: division, subtraction
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