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.
<em>Find out more at brainly.com/question/12256592. </em>
You take the whole number and put it in a fraction over 1 then divide by flipping the second fraction and multiplying
Answer:
77/2 is 38.5 if that is what u were asking
Step-by-step explanation:
Answer:
yah if all your grades are A's and B's
Step-by-step explanation:
Answer:
y=-1/5x-8/5
Step-by-step explanation:
m=(y2-y1)/(x2-x1)
m=(-2-(-1))/(2-(-3))
m=(-2+1)/(2+3)
m=-1/5
y-y1=m(x-x1)
y-(-1)=-1/5(x-(-3))
y+1=-1/5(x+3)
y=-1/5x-3/5-1
y=-1/5x-3/5-5/5
y=-1/5x-8/5
