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James is buying a motorcycle that costs $2,034.24, including tax. He will pay for it in equal monthly payments over 24 months. How much will
Question
James is buying a motorcycle that costs $2,034.24, including tax. He will pay for it in equal monthly payments over 24 months. How much will James pay each month?
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Mathematics
3 years
2021-08-17T16:13:07+00:00
2021-08-17T16:13:07+00:00 1 Answers
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Answer:
$84.76/month
Step-by-step explanation:
We need only determine (calculate) how much the monthly payments are. We use the given information ($2,034.24/month) and the total length of time (24 months) to determine the monthly payment:
$2,034.24
—————- = $84.76/month
24 months