Q: A certain debt will be paid in 52 installments from January 1 to December 31 of a certain year. Each of the first 25 payments is to be $500; each of the remaining payments is to be $100 more than each of the first 25 payments. What is the average (arithmetic mean) payment that will be made on the debt for the year?\nOptions:\n(A) 500\n(B) 450\n(C) 552\n(D) 600\n(E) 400 Let's give some random thoughts before answering.
User
Total = 500(25) + 600(27)\nNumber of installments = 52\nAverage = Total/Number of installments = 552 approximately
Therefore, the answer is (C).
Assistant