We are given
P = <span>$1,945.61
r = 11.2%
Amin = $156
A = $300
First, we convert the interest to effective monthly terms
i = 11.2%/12 = 0.933%
After one month, the interest saved by paying more than the minimum is
</span>(0.00933) (300 - 156) = $1.35
Factors are: 0, 1, 2, 4, 8, 16
Answer:
187.5 is what u have left each week after takign away the 25%.
Step-by-step explanation:
Hope this helps? :)
