SOLUTION: Sharon owes her mother $42. She borrows $18 more from her mother to buy a DVD. Sharon will repay her mother in 4 equal payments. If Sharon has $12, how much more money will she nee

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Sharon owes her mother $42. She borrows $18 more from her mother to buy a DVD. Sharon will repay her mother in 4 equal payments. If Sharon has $12, how much more money will she nee      Log On

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Question 1048204: Sharon owes her mother $42. She borrows $18 more from her mother to buy a DVD. Sharon will repay her mother in 4 equal payments. If Sharon has $12, how much more money will she need to pay the first month?
Answer by jorel555(1290) About Me  (Show Source):
You can put this solution on YOUR website!
42+18=60
60/4=$15 each payment
15-12=$3 more necessary to make the first payment. ☺☺☺☺