document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=30783>Question 30783</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Jennifer bought a brand new sports car. the price of the car was $14,900 including sport wheels, an am/fm cd stereo, and automatic transmission. the dealer gave her a $1,250 instant rebate on the price and 0% interest for 60 months. Jennifer made a down payment of $750. what would be the expression for Jennifer's monthly payments if she takes 60 months to pay the remaining balance? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #17639 by </B><A HREF=/tutors/aboutme.mpl?userid=mbarugel><B>mbarugel(146)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mbarugel><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=17639\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Hello!<BR>\n" );
document.write( "Since she got a rebate of $1,250 on the price, and price was $14,900, then the \"net\" price of the car would be:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=14900-1250=13650 ALIGN=MIDDLE  ALT=\"14900-1250=13650\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Also, she made a down payment of 750. So the amount that has yet to be paid is:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=13650+-+750+=+12900 ALIGN=MIDDLE  ALT=\"13650+-+750+=+12900\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "These $12,900 are to be paid in 60 monthly payments, with 0% interest rate. The fact that the interest rate is zero simplifies things: she will simply pay $12,900 divided equally across 60 months. So the monthly payment will be:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=12900%2F60+=+215 ALIGN=MIDDLE  ALT=\"12900%2F60+=+215\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "The payment will be $215 per month\r<BR>\n" );
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document.write( "I hope this helps!<BR>\n" );
document.write( "Get more answers at <a  rel=nofollow HREF=http://www.onlinemathanswers.com>Online Math Answers.com</a>!<BR>\n" );
document.write( " </SPAN>\n" );
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