Question

Tim Worker wants to purchase an automobile warranty costing $856. If he chooses to make 12 equal payments, then in dollars and cents the average payment will be?

Answer 1

$71.33

Explanation:

An automobile warranty costing = $856

It is required to make 12 equal payments

So, we need to divide $856 over 12

So, the average payment = 856/12 = $71.33