asked 103k views
4 votes
Sid is $300 in debt. He needs to get the debt 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?

2 Answers

4 votes
$25 a month for 8 months will bring his debt down to $100 
answered
User Yyoon
by
7.8k points
3 votes
$25 per month, that will bring it down to $100
answered
User Gireesh Punathil
by
7.7k points
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