Ryan made a 3000 down payment on a car the total cost of the car was 7500 he made 36 equal monthly payments to pay the car in full how much did Ryan pay per month
If he put $3000 down he has a balance of $4500. Spread over 36 monthly payments we take $4500 and divide it by 36 $4500/36 and get 36 monthly payments of $125.00