Emil bought a camera for $268.26, including tax. He made a down payment of $12.00 and paid the balance in 6 equal monthly payments. What was Emil’s monthly payment for this camera?
Calculate remaining balance
268.26 - 12 = 256.26
Determine monthly payment:
256.26/6 = 21.36
Calculate remaining balance
268.26 - 12 = 256.26
Determine monthly payment:
256.26/6 = 21.36