Based on the amount that she paid in the first month, the amount Ronda will pay for the next month is<u> $396.</u>
When a loan is amortized, it means that one can pay it off by paying the same amount every period until they would have paid off both the loan and the associated interest.
The amortized amount contains:
- A portion going towards the principal(debt )
- A portion going towards the interest accumulated.
In conclusion, as the amount is the same every time, Ronda will have to pay the same amount of $396 the next month.
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Answer:
2
Step-by-step explanation:
The general formula for a equation of the form:

is:
![x=\frac{-b\pm\sqrt[]{b^2-4ac}}{2a}](https://tex.z-dn.net/?f=x%3D%5Cfrac%7B-b%5Cpm%5Csqrt%5B%5D%7Bb%5E2-4ac%7D%7D%7B2a%7D)
In this case we notice that a=1, b=-4 and c=3. Plugging this values in the general formula we get:
![\begin{gathered} x=\frac{-(-4)\pm\sqrt[]{(-4)^2-4(1)(3)}}{2(1)} \\ =\frac{4\pm\sqrt[]{16-12}}{2} \\ =\frac{4\pm\sqrt[]{4}}{2} \\ =\frac{4\pm2}{2} \end{gathered}](https://tex.z-dn.net/?f=%5Cbegin%7Bgathered%7D%20x%3D%5Cfrac%7B-%28-4%29%5Cpm%5Csqrt%5B%5D%7B%28-4%29%5E2-4%281%29%283%29%7D%7D%7B2%281%29%7D%20%5C%5C%20%3D%5Cfrac%7B4%5Cpm%5Csqrt%5B%5D%7B16-12%7D%7D%7B2%7D%20%5C%5C%20%3D%5Cfrac%7B4%5Cpm%5Csqrt%5B%5D%7B4%7D%7D%7B2%7D%20%5C%5C%20%3D%5Cfrac%7B4%5Cpm2%7D%7B2%7D%20%5Cend%7Bgathered%7D)
then:

and

Therefore, x=3 or x=1.
When I was A little ahead when I wanted berries and cream mommy made me do the Little lad dance but now mummy is gone