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18 February, 10:40

Paul Peddler wants to purchase a bicycle costing $775. If he choses to make 12 equal payments, then in dollars and cents the average payment will be?

A) 15.48

B) 64.58

C) 763.00

D) 787.00

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  1. 18 February, 13:52
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    B) 64.58. This is because, in order to get 12 equal payments, you simply need to divide the total cost by the number of payments. Therefore, $775 divided by 12 will give you the answer, which is $64.58.
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