sid is $300 in debt. he needs to get the debt 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?
Sid is 300 in debt...he needs to get it down to no more then 100.....that means he needs to pay (300 - 100) = 200. So he needs to pay 200 in a matter of 8 months. So the minimum payment is : 200 / 8 = $ 25 per month <==
