The amount of money I would repay in the first month is $166.67.
The amount of money I would repay in the second month is $166.67.
The amount of money I would repay in the third month is $166.66.
<h3>How much would I repay each month?</h3>
In order to determine the money that would be repaid each of the first two months, multiply 1/3 by the amount of the loan.
1/3 x $500 = $166.67
Amount to be repaid in the third month = $500 - (166.67 x 2) = $166.66
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<span>The correct answer is: Option (C) $1393.21
Explanation:
At the beginning of the Second year, the total balance would be:
$1200 + ($1200 * 7.75 / 100) = $1293
At the beginning of the Third year, the total balance would be:
$1293 + ($1293 * 7.75 / 100) = $1393.21 (Option C)</span>
Answer:
i beilive (a) is c idk i could be wrong..
Step-by-step explanation:
The answer would be
Fraction 3/10
Percent 30%
Decimal 0.3
There is 10 parts and it ask for probability of 3 numbers which would be 3/10
The debt-to-credit ratio of a credit account is the ratio of the balance to the credit limit:
... balance/credit limit = 245.78/3500 = 0.07022... ≈ 7.02%
The appropriate choice is ...
... A.) 7.02%