Answer
Each monthly payment will be $355.
Work Step by Step
To determine the payment due each month, divide the total amount due by the total number of payments to be made.
$34,080 \div 96 = 355$
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 - 1.6 Long Division - 1.6 Exercises - Page 61: 35
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