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Martin is $300 in debt he needs to get the depth down to no more than $100 within the next 8 months if he pays the same amount each month what is the minimum he must pay off each month to manage this

Martin is 300 in debt he needs to get the depth down to no more than 100 within the next 8 months if he pays the same amount each month what is the minimum he m class=

Respuesta :

Divide the amount he has to pay off with the 8 months. That is 200 divided by 8 which is 25. He has to pay 25 each month.
remotecontrolbrain

M has to pay at least $200 against his debt over the 8 months. If he is to pay every month the same amount, he must pay (at least) 200/8 = $25 per month to meet his goal

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