Question

Ruth uses healthy credit to finance $2,200 for a hearing aid how much would she have to pay each month to pay back the loan in exactly 1 year

Answer 1

Answer:

$183.3

Step-by-step explanation:

Ruth uses healthy credit to finance $2,200 for a hearing aid how much would she have to pay each month to pay back the loan in exactly 1 year

Ruth took a loan of $2,200

1 year = 12 months

Hence, the amount she would be paying monthly is calculated as:

$2,200/12 months

= $2,200/12

= $183.33333333

Approximately = $183.3

Therefore, Ruth would be paying $183.3 monthly.