Answer:
c. $467.29
Step-by-step explanation:
The total of balances is $9360. The payment can be computed using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^-n)
where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.
Filling in your numbers, we have ...
A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29
Frank's monthly credit card payment will be $467.29.
Step-by-step explanation:
I'm not sure if I got the correct answer since English is not my first language
Answer:
Step-by-step explanation:
<u>Sum of interior angles of a polygon:</u>
- (n - 2)180 = 160n
- 180n - 360 = 160n
- 20n = 360
- n = 18
