Susan wants to buy a paddle boat for $840. She'll pay 20% down and pay the rest in six monthly installments. What will be the amount of each monthly payment?

Respuesta :

All we need to do is find 20% of 840, subtract it from 840, and divide the remaining by 6.
840×.2=168
840-168=672
672÷6=112
She'll pay $112 per month.