First lets get rid of the deposit.
(0.95*6000)=5700
Formula is I=PRT
I= Interest earned
P=Principal amount (5700)
R=Rate (18% or 0.18 or 18/100)
T=Time period (2 years)
Equation:
I= 5700*2*0.18
I= 2052
But remember the question asks for monthly payments!
2052/24 (12 months in a year and T= 2 years)
Answer=$85.50
Answer:
Final amount = $5357.52
Step-by-step explanation:
Formula to be used,
Final amount = 
Here, n = number of compounding in a year
t = Duration of investment
Now we substitute the given values in the question.
Final amount = 
= 
= 1210(4.4277)
= $5357.52
Answer:
Credit cards- 1,4,5,8
Debit cards- 2,9,6
Both- 3,10,7
I think its right but i'm not sure
We need only realize that 1(-8)(-6)=48 to see that C) is the only answer from those choices that can be an answer.