document.write( "Question 552613: Jerry makes a purchase that allows him to spread the payments over time. The total purchase is $1,200.00. He makes a 25% down payment, and then pays the rest in three equal, interest-free monthly installments. How much is each monthly installment? \n" ); document.write( "
Algebra.Com's Answer #360445 by josmiceli(19441)\"\" \"About 
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His down payment is
\n" ); document.write( "\"+.25%2A1200+=+300+\"
\n" ); document.write( "He has \"+1200+-+300+=+900+\"
\n" ); document.write( "left to pay in 3 installments
\n" ); document.write( "\"+900+%2F+3+=+300+\"
\n" ); document.write( "Each monthly installment is $300
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