SOLUTION: Can someone help me on this? Al purchased a new refrigerator that cost $736.12 with interest included. He paid $100 as a down payment and agreed to pay the remainder in 18 mo

Question 45730: Can someone help me on this?
Al purchased a new refrigerator that cost $736.12 with interest included. He paid $100 as a down payment and agreed to pay the remainder in 18 months payments. What amount will he be paying per month?
Thanks,
Ashley
Answer by atif.muhammad(135) (Show Source): You can put this solution on YOUR website!

$736.12 = total cost

He's already paid $100, so he's got $636.12 left.

He wants to pay this over 18 months. Therefore,  = $35.34/month

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