Price - rebate - downpayment = total amount owed
Total amount owed / 60 months = monthly payments
Jennifer bought a brand new sports car. The price of the car was $14,900 including sport wheels, an AM/FM CD stereo, and automatic transmission. The dealer gave her a $1,250 instant rebate on the price and 0% interest for 60 months. Jennifer made a down payment of $750. What would be the expression for Jennifer's monthly payments if she takes 60 months to pay the remaining balance?
3 answers
with no interest charges, this is a very simple question
subtract the 1250 rebate and the 750 downpayment from the 14900,
and divide that answer by 60
subtract the 1250 rebate and the 750 downpayment from the 14900,
and divide that answer by 60
Jennifer bought a brand new sports car. The price of the car was $14,900 including sport wheels, an AM/FM CD stereo, and automatic transmission. The dealer gave her a $1,250 instant rebate on the price and 0% interest for 60 months. Jennifer made a down payment of $750. What would be the expression for Jennifer' monthly payments if she takes 60 months to pay the remaining balance?
4 answers