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Carol subscribed to four publications that cost $12.90, $16.00, $18.00, and $21.90 per year, respectively. if she made a initial down payment of one half of the total yearly subscription cost, and paid the rest in four equal monthly payments, how much was each of the four monthly payments? a) $8.60 b)$9.20 c)$9.45 d)$17.20 e)$34.40
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So first you would add all the subscription costs together to get the total yearly subscription cost. It said she made an initial down payment of half of that, so divide the total yearly subscription cost by 2. Then the next step is to divide that by 4 since that is the number of monthly payments she has left to pay. What do you get?
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