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Daniel [21]
3 years ago
11

Spencer is working with his financial advisor to create some personal financial goals for the next year. One of his goals is to

reduce the amount of debt he has. Which statement could make his goal specific and timely?
A.
He should focus on just his student loan debt and give himself a deadline of five years.
B.
He should ask a friend to be his accountability partner and remind him of his goal every two weeks.
C.
He should review his current finances to determine how much he can allocate to his goal.
D.
He should pay only the minimum payment on his credit card statement each month.
Mathematics
2 answers:
Stels [109]3 years ago
4 0

Answer:

I believe it’s C, he is determining how much many he can spend total on finances.

ivann1987 [24]3 years ago
4 0

Answer:

He should focus on just his student loan debt and give himself a deadline of five years.

Step-by-step explanation:

I just got this answer right on Plato.

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In 10 years, a bank account with a 5.25% annual interest rate earned $18,375 as simple interest. What was the principal amount?
sdas [7]

Answer:

The principal amont was $35,000

Step-by-step explanation:

This is a simple interest problem.

The simple interest formula is given by:

E = P*I*t

In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.

In this problem, we have that:

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We want to find P. So

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