Question

PLEASE HELP ME !!!

Answer 1

Answer:

The correct option is B) $10,873.22

Step-by-step explanation:

Consider the provided information.

Beaumont made some home improvements for $8,944 using a six-month deferred payment plan with an interest rate of 21.57%.

First calculate the 21.57% of $8944.

This can be written as:

$\frac{21.57}{100}\times 8944=1929.2208$

If no payments are made then he need to pay $8,944 plus 21.57% of $8,944.

Thus, the total amount he needs to pay is:

8944 + 1929.2208 = 10873.2208 ≈ 10873.22

Hence, the correct option is B) $10,873.22

Answer 2

The answer is  B. $10,873.22