find the monthly payment on a large tv with an installment price of $998.49, 12 monthly payments, and a down…

find the monthly payment on a large tv with an installment price of $998.49, 12 monthly payments, and a down payment of $100. the monthly payment is $□. (round to the nearest cent as needed.)

find the monthly payment on a large tv with an installment price of $998.49, 12 monthly payments, and a down payment of $100. the monthly payment is $□. (round to the nearest cent as needed.)

Answer

Explanation:

Step1: Calculate the amount to be paid in installments

Subtract the down - payment from the installment price. $998.49 - 100=898.49$

Step2: Calculate the monthly payment

Divide the amount to be paid in installments by the number of months. $\frac{898.49}{12}\approx74.87$

Answer:

$74.87$