In eight months, Kellys parents will need to make the final payment for Kellys braces. Half of the final cost was paid when her braces were put on. The total cost is $3, 200. How much will Kellys parents need to save each month to pay off the balance owed?

MONEY MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

In eight months, Kelly’s parents will need to make the final payment for Kelly’s braces. Half of the final cost was paid when her braces were put on. The total cost is $3, 200. How much will Kelly’s parents need to save each month to pay off the balance owed?

A	$135
B	$200
C	$400
D	$1, 600

Explanation:

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ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT