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2026-02-02
Daily Math Challenge
A tablet costs $400. You make a 20% down payment and finance the rest for 6 months with no interest. What is your monthly payment?
Answer
$53.33
๐ Step-by-Step Solution
1
Down payment: 20% of $400 = $80
2
Amount financed: $400 - $80 = $320
3
Monthly payment: $320 รท 6 = $53.33
๐ก Helpful Hints
โข Calculate the down payment first
โข Subtract from total to find financed amount
โข Divide by number of months
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