Question

Jason buys a car for $5,582. He will pay for the car in 8 equal payments. Which is the best estimate for the amount of each payment?
A)$500
B)$700
C)$800
D)$900

Answer 1

Let's divide!5,582 / 8 = 697.75The answer would be B!

Answer 2

In order to solve for this problem, it would be easiest to set up an equation. 
$5,582=8x. Let 8 stand for the amount of payments Jason has to make and x stand for the amount each payment will cost. In order to isolate x and solve this equation, we would need to divide both sides by 8, resulting in x=697.75. This problem says to estimate, so we round up and we get that the answer is B) $700.