Rochelle purchased an appliance that cost $815.56 with interest included. She paid $250 as a down payment and agreed to pay the remainder in 18 monthly payments. What amount will she be paying per month?

Question

Rochelle purchased an appliance that cost $815.56 with interest included.  She paid $250 as a down payment and agreed to pay the remainder in 18 monthly payments.  What amount will she be paying per month?

Reiny · Answer

subtract 250 from 815.56, then divide that answer by 18