4 years ago

Toms total payment for his loan was $14, 256. He paid it off after making 48 monthly payments. What was his monthly payment?

Mathematics

2 answers:

enot [183]4 years ago

8 0

Answer:

Tom's monthly payment was $297.

Step-by-step explanation:

jasenka [17]4 years ago

4 0

To solve this problem, we just need to divide his total payment by the number of monthly payments he made:

14256 ÷ 48 = 297

Tom's monthly payment was $297.

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