If a purchase of $1,200 is split into 6 payments, how much is each payment?

Prepare for your SIFT Math Test. Utilize our quiz featuring flashcards and multiple choice questions, complete with hints and thorough explanations. Ace your examination!

To determine the amount of each payment when a purchase of $1,200 is divided into 6 equal payments, you need to perform a simple division.

Start with the total amount of the purchase, which is $1,200. To find the amount for each individual payment, you divide this total by the number of payments, which in this case is 6:

[

\text{Payment per installment} = \frac{1200}{6}

]

Calculating this gives:

[

\text{Payment per installment} = 200

]

Thus, each payment would be $200. This value has been confirmed through straightforward division.

In this context, the correct answer should be $200, which accurately reflects the division of the total purchase amount by the number of payments. It appears there may have been a misunderstanding regarding which option represented the correct amount for each payment.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy