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Lavina wants to buy a rocking chair for $160. She will pay 10% down and pay the rest in six monthly installments. What will be the amount of each monthly payment?

2007-12-20 01:56:57 · 7 answers · asked by yummyummy 1 in Science & Mathematics Mathematics

7 answers

10% of 160 is 16. Subtract $16 from $160, to get $144. This is the amount she has to pay in 6 installments, so divide $144 by 6 to get $24.

That's it! :)

2007-12-20 02:02:42 · answer #1 · answered by Marley K 7 · 6 0

$24

2007-12-20 02:01:05 · answer #2 · answered by johnnyb6231 3 · 4 0

$160 x (1-10%) / 6
= $160 x 90% / 6
= $144 / 6
= $24/month

2007-12-20 02:11:41 · answer #3 · answered by An ESL Learner 7 · 2 0

down payment = 10% = $16
rest of payment = $144
$144 / 6 = $24
therefore the monthy payments = $24

2007-12-20 02:04:51 · answer #4 · answered by Clairebear 1 · 3 0

The answer is the name of a TV show on Fox.

Have fun.

2007-12-20 01:59:42 · answer #5 · answered by __Joe__ 2 · 0 3

$24.00

2007-12-20 02:00:57 · answer #6 · answered by tone 6 · 1 0

$24.00

2007-12-20 01:59:47 · answer #7 · answered by nite_angelica 7 · 1 0

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