Answer:
The amount which should be paid by Jared each month is $30.83
Step-by-step explanation:
The total amount to be paid off in 3 months = $725
Amount already paid = $632.50
So, The amount left to be paid in 3 months = $725 - $632.50
= $92.50
Now, the amount is to be paid in 3 months.
So, the amount paid in each month = [tex]\frac{92.50}{3}[/tex]
⇒[tex]\frac{92.50}{3} = 30.83[/tex]
Hence, the amount which should be paid by Jared each month is $30.83
