3. The Alvarez family bought a car for $2,000. They made a down

payment of $500. If they want to pay the balance in 5 equal

payments, how much will each of these payments be?

payment of $500. If they want to pay the balance in 5 equal

payments, how much will each of these payments be?

The first step is to subtract $500 from $2000 and then you end up with $1500 which you then divide by 5.Each payment will have to be $300