Dwayne buys a new smartphone for $719.76. He agrees to pay for it monthly, with 24 equal payments. How much does he pay each month for the smartphone?

Question

asked Dec 20, 2023 167k views

1 Answer

Sam Stoelinga · Answer 1 · 2023-12-25T18:38:16+0000

Answer:

$29.99

Explanation:

24 equal payments represent 24 months (as it is paid monthly), therefore, you divide by 24 to get only 1 month of the payment

719.76/24

=29.99