a refrigerator cost 736.12. 100 down payment. to pay the balance in 18 months whats the monthly payment?

Answer 1

Assuming no interest (which is unlikely if its financed)

736.12 less 100.00 down payment = 636.12
636.12 divided by 18 months = 35.34 monthly payment

Answer 2

Down payment would be an intial payment amount to start the work that needs to be done- then the remaining money balance will be split up into monthly payments until it is paid in full. example: Total cost is $5000 down payment $1000 then $4000 will be divided into monthly payments of 12 months or 24 months or 36 months until fully paid.

Answer 3

if no interest for 18 months, then $35.34. If you do not pay the balance by the 18 months there will be an interest fee due at the amount discribed in your contract, that accrues until balance is paid. Best to pay it off within the 18 months.

Answer 4

Get the contract out and check the interest rate. Then go to below website to figure payment. I did it @ 18% interest, and the payment was $40 and change.

Enjoy your new fridge!

Answer 5

With $650 down, I'll walk out with the SAME refrigerator and ZERO payments forever.

Answer 6

with 100% DOWN Payment there is no balance!

Answer 7

736.12-100=636.12
take this #and divide it by 18 months =35.34 ea month, but don't forget to include any interest that might be involved!!

Answer 8

$736.12 - $100 = $636.12 / 18 = $35.34 per month

Answer 9

Its $35.34 but that don't count on your interest rate and tax in your state. Unless your from NH.

Answer 10

$35.34/month