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Directions: Read and answer the problem below.

Jerry bought a bicycle that cost P2 800.00.he made down payment of P1 575.00.he paid the rest of the amount in 5 equal installments.how much did he pay for each installment?​

Sagot :

Step-by-step explanation:

P 2,800.00 - P 1,575.00 = 1,225.00

1,225.00 ÷ 5 = 245.00

P 245.00 for each installment