Your mom bought you a 1 year swimming pass for $390. She’s making 12 payments of how much money to pay for the pass?

Question

Im only in 5th grade plz someone help me.

Answer 1

In THIS KIND OF SITUATION, the total purchase is divided by the number of payments, to calculate the monthly payment amount.

 

In the real world, sometimes there is an additional amount to be paid per month because of not having paid the whole amount as one lump sum.