Preeeeetty sure it's just 16 for that.
Are you sure you submitted the whole problem?
Chapter 7 - Bankruptcy is a very beneficial means for those facing severe financial uncertainty or debts. And even though it cannot remove all your liability, it can help you eliminate a number of arrears so you can begin working to reestablish your credit score. These are the debts which are not forgiven in Chapter 7: student loans, child support, alimony payments, majority of taxes you owe and secured or collateral debts.
So the answer is A. Credit Card. A credit card debt can be forgiven under chapter 7 because it is the main reason why people file for bankruptcy just to discharge their credit card balance.
The first thing you do is you divide the annual interest
into 12 months
4.8 % / 12
Make sure that you convert the interest
So 0.048/12
Then you get the interest last month so that is
2.25/ (0.048/12)
The answer is 562.5
B.$562.5
Answer:
<h3>$490</h3>
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