The very first car that you are buying costs $7,499.80. You put a down payment of $1,000 on the car and make equal payments for the next 36 months. What is your monthly payment?
A.

$180.55

B.

$194.75

C.

$208.33

D.

$236.11

Question

The very first car that you are buying costs $7,499.80. You put a down payment of $1,000 on the car and make equal payments for the next 36 months. What is your monthly payment?
 A.	
 
$180.55
 
 B.	
 
$194.75
 
 C.	
 
$208.33
 
 D.	
 
$236.11

noseboy908 · Answer

Think of it like this: Once you remove the down payment from the total amount owed, how much is still owed?

anonymous · Answer

208.32?

noseboy908 · Answer

Hold on, i'll check

noseboy908 · Answer

Show me how you got that please. There's an error somewhere, sadly.

anonymous · Answer

i divided 7,499.80 by 36

anonymous · Answer

@mathmale

anonymous · Answer

yeah you should divide @noseboy908 doesn't know what he's talking about you should try asking @AnswerMyQuestions or @jdoe0001

anonymous · Answer

Can I have a medal or a fan please thank you

noseboy908 · Answer

@~aLeXiSs16~ If you do just divide the $7,499.80 by 36, then you're ignoring the initial down payment. Because of that, you need to take off $1000 before you divide. And contrary to ShaTay's belief, I do know what I'm talking about.