You subscribe to a magazine that costs $26 yearly. You make an initial payment of $5 and then make three equal payments. How much is each payment?
26 - 5 = 21
21/3 = ?
$26-$5 = $21
so the you do 21/3 and you get $7
26.00 - 5.00= 21.00 then divide by 3.
21 divide by 3 = 7
To find out how much each payment is, we need to first determine the total cost of the magazine subscription after the initial payment.
The annual cost of the magazine subscription is $26. If you have already made an initial payment of $5, then the remaining amount to be paid is $26 - $5 = $21.
Since you are going to make three equal payments, we can divide the remaining amount by 3 to find out how much each payment will be:
$21 รท 3 = $7
Therefore, each of the three equal payments will be $7.