Question

Martin is $300 in debt he needs to get the depth down to no more than $100 within the next 8 months if he pays the same amount each month what is the minimum he must pay off each month to manage this

Answer 1

M has to pay at least $200 against his debt over the 8 months. If he is to pay every month the same amount, he must pay (at least) 200/8 = $25 per month to meet his goal

Answer 2

Divide the amount he has to pay off with the 8 months. That is 200 divided by 8 which is 25. He has to pay 25 each month.