Question

Ryan made a $3000 down payment on a car. the total cost of the car was $7500. He made 36 equal monthly payments to pay the car in full. How much did Ryan pay per month?

Answer 1

The car costs $7500
7500-3000=4500 to be paid in monthly payments
4500/36=125
Ryan paid 125 per month

Answer 2

3000+36x= 7500
-3000          -3000

= 36x= 4500 
= /36     /36
x= $125