• Choice B

    $$ Total\ payment=\$ 7,000 $$

    $$ Initial\ payment=\$ 700 $$

    $$ Total\ payment-Initial\ payment=\$ 7,000-\$700=\$6300 $$

    She made 36 equal monthly payments:

    $$ \therefore \ Each\ monthly\ payment=\frac{\$ 6300}{36}=\$175 $$

    Skills you are tested for:

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