a van cost $72,655 mr smith paid a deposit of $66,655 and he will pay the rest in 12 equal payments how much does he have to pay for each payment
First find the difference between the cost and deposit amounts
72655 - 66655 = 6000
then 6000 divided by 12 (equal payments)
= 500
therefore it will be $500 for each payment
72,655-66,655= 6,000. Then you divide 6,000 by 12 to get equal payments and for each payment he needs to pay $500.