If Greg makes only the minimum monthly payment in May, June, and July, what will his total balance be after he makes the monthly

Question

4 years ago

11

If Greg makes only the minimum monthly payment in May, June, and July, what will his total balance be after he makes the monthly

payment for July? (Assume that interest is compounded before the monthly payment is made, and that the monthly payment is applied at the end of the month. Round all dollar values to the nearest cent.) a. $812.86 b. $830.31 c. $864.99 d. $1,039.72

Mathematics

2 answers:

elena55 [62] · Answer 1 · 2022-02-21T18:30:36+03:00

elena55 [62]4 years ago

8 0

Just took the test and the answer is B not C

kaheart [24] · Answer 2 · 2022-02-21T16:13:15+03:00

kaheart [24]4 years ago

6 0

I think that the answer is probably c.