Julia purchased a car on an installment plan. She made a down payment of $\$2,550$ and then made $n$ monthly payment

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Vincen: Legendary Member; Posts: 2898; Joined: Thu Sep 07, 2017 2:49 pm; Thanked: 6 times; Followed by:5 members

Julia purchased a car on an installment plan. She made a down payment of $\$2,550$ and then made $n$ monthly payment

by Vincen » Thu Mar 18, 2021 11:28 am

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Julia purchased a car on an installment plan. She made a down payment of $\$2,550$ and then made $n$ monthly payments of $\$155$ each. If Julia paid a total of $\$9,060$ for the car, how many monthly payments did she make?

A. 30
B. 36
C. 42
D. 48
E. 54

Answer: C

Source: GMAT Prep