A student wants to purchase a new computer costing $1,500 on a 6-month installment plan with no interest. Approximately how much will their monthly payments be?
Answer
A
$250
B
$200
C
$500
D
$150
Explanation
Divide the $1,500 cost by 6 months: $1,500 ÷ 6 = $250 per month. With no interest, the monthly payment is $250, so the correct choice is $250.
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