Question 468181
The tuition is {{{ 15000*4 = 60000 }}} dollars
{{{ 500 }}} dollars/month x {{{12}}} months x {{{4}}} yrs  = {{{ 24000 }}} dollars
{{{ 60000 - 24000 = 36000 }}} balance due
{{{ 36000 / ( 3*12) = 1000 }}} dollars
The monthly payments were $1000