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OpenStudy (tmyrci):
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OpenStudy (tmyrci):
OpenStudy (vuriffy):
Hello!
OpenStudy (vuriffy):
It seems to start off this problem, you shall use the total amount of money then subtract by 400. Then after that you divide that value by 16 to find out their monthly payment.
OpenStudy (tmyrci):
Ok let me try
OpenStudy (tmyrci):
1360
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OpenStudy (vuriffy):
Yes.
OpenStudy (vuriffy):
Then 1360/16 = ?
OpenStudy (tmyrci):
85
OpenStudy (vuriffy):
There's your answer for a monthly payment paid off in 16 intervals after a $400 deduction from the original price.
OpenStudy (vuriffy):
85 is correct! Good job.
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OpenStudy (vuriffy):
Any questions?
OpenStudy (tmyrci):
No thank u
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