Solve the problem.
-Mr. and Mrs. Gutierrez borrow $5200 to buy a new car. The loan is to be paid off in 26 monthly payments. How much is each payment?
A) $\$ 20$
B) $\$ 5226$
C) $\$ 200$
D) $\$ 5174$

Question

Quizplus · Accepted Answer

To find the monthly payment, divide the total loan amount by the number of payments: $5200 / 26 = $200.

Solve the Problem $20\$ 20$20 B) $5226\$ 5226$5226 C) $200\$ 200$200 D) $5174\$ 5174$5174

Solve the Problem $\$ 20$ B) $\$ 5226$ C) $\$ 200$ D) $\$ 5174$