Question:

Kenya plans to make a down payment plus monthly payments in

Last updated: 7/16/2022

Kenya plans to make a down payment plus monthly payments in

Kenya plans to make a down payment plus monthly payments in order to buy a motorcycle. At one dealer she would pay $2,450 down and $150 each month. At another dealer, she would pay $3,150 down and $125 each month. After how many months would the total amount paid be the same for both dealers? What would that amount be?