Rita wants to buy a rocking chair for $160 she will pay 10% down and pay the rest and six monthly installments what will be the amount of each monthly payment
The amount for deposit is (10/100) × 160 = 16 So the remaining amount to pay is 160 - 16 = 144 and has to be paid within six months. 6 months --> 144 So 1 month ---> 144/6 = $24
