Question

Andres just bought a new television for $742.00. He made a down payment of $52.00 and will pay monthly payments of $30.00 until it is paid off. How many months will Andres be paying?

Answer 1

Andres has to pay $.30 for `23` months

Explanation:

Cost of the TV `=$742.00`
Downpayment `=$52.00`
Balance amount `742.00-52.00=$690.00`
Each instalment cost`=$.30.00`

Number of Instalments `=690.00/30.00=23`

Andres has to pay $.30 for `23` months