Based on the amount that she paid in the first month, the amount Ronda will pay for the next month is<u> $396.</u>
When a loan is amortized, it means that one can pay it off by paying the same amount every period until they would have paid off both the loan and the associated interest.
The amortized amount contains:
- A portion going towards the principal(debt )
- A portion going towards the interest accumulated.
In conclusion, as the amount is the same every time, Ronda will have to pay the same amount of $396 the next month.
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Answer:
80
Step-by-step explanation:
because you have to do (11+11)+(9+9)+(10+10) and you would get 22,18,20 and add all together and get 80 because you have to do 22+18=40 then add the remaining 20 and you would get 80
The answer is going abc tam
