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The retail price of a smartphone is $600. You purchase the phone by making 24 equal monthly payments. How much is the amount of each payment.

The retail price of a smartphone is $600. You purchase the phone by making 24 equal monthly payments. How much is the amount of each payment.
asked 17.9k views
4 votes
The retail price of a smartphone is $600. You purchase the phone by making 24 equal monthly payments. How much is the amount of each payment.

asked
User Mych
by
8.5k points

2 Answers

7 votes

Answer:

You will be making 25$ payments each month

Explanation:

600/24 = 25

answered
User Pavel Komarov
by
7.7k points
2 votes

Answer:

$25

Explanation:

answered
User Bany
by
8.0k points
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