Answer:
all the numbers are gong by adding 6
Answer:
8.55
Step-by-step explanation:
We are given
P = <span>$1,945.61
r = 11.2%
Amin = $156
A = $300
First, we convert the interest to effective monthly terms
i = 11.2%/12 = 0.933%
After one month, the interest saved by paying more than the minimum is
</span>(0.00933) (300 - 156) = $1.35
Answer:
5
Step-by-step explanation: