Question 6 • Financial Algebra/Mathematics
Subtract the $1,000 down payment from the $3,800 total cost: $3,800 − $1,000 = $2,800 remaining. Divide that balance equally among 6 interest-free payments: $2,800 ÷ 6 = $466.67 per payment (to the nearest cent). This matches choice C, $466.66 dollars, allowing for rounding.
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