Basic College Mathematics (9th Edition)

by Lial, Margaret L.; Salzman, Stanley A.; Hestwood, Diana L.

Published by Pearson

ISBN 10: 0321825535

ISBN 13: 978-0-32182-553-7

Chapter 1 - Whole Numbers - 1.5 Dividing Whole Numbers - 1.5 Exercises - Page 54: 82

Answer

Each payment is $5,625,000.

Work Step by Step

To determine the amount of each payment, divide the total amount by the number of payments. $45,000,000 \div 8 = 5,625,000$ Each payment is $5,625,000.

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