Answer:
$25,381.94
Step-by-step explanation:
45% interest in 2 years = 45/24 = 1.875% monthly
<u>Debt at month 0</u> (when Andres got the loan)
24,320
<u>Debt at month 1</u>
24,320*(1 + 0.001875) = 24,365.6
<u>Debt at month 2</u>
24,365.6*(1.001875) - 54.110 (partial payment) = 24,357.1755
<u>Debt at month 3</u>
24,357.1755*(1.001875)
<u>Debt at month 4</u>

<u>Debt at month 5</u>

<u>Debt at month 6</u>
- 3,410 (partial payment)
= 24,540.36874
<u>Debt at month 7</u>
24,540.36874*(1.001875)
<u>Debt at month 8</u>

<u>Debt at month 9</u>

<em>and so on</em> until month 24 (the maturity)
<u>Debt at maturity</u>

= 25,381.93916 = $25,381.94 rounded to the nearest hundreth.
- From the table showing in the diagram, Let's pick the data in the first row:
Time = 3 hours
Money earned = $45
- The amount of money Carl earns per hour is calculated as:
3 hours = $45
1 hour = ?
Cross Multiply
1 hour x $45 / 3 hours
= $15
- Let's confirm our answer using the data in the last column
Time = 10 hours
Money earned = $150
The amount of money Carl earns per hour is calculated as:
10 hours = $150
1 hour = ?
Cross Multiply
1 hour x $150 / 10 hours
= $15
Therefore, the amount of money Carl earns per hour is $15
To learn more, visit the link below:
brainly.com/question/1004906
Discount = 365*30/100 = $109.5
sales price = 365*70/100 = $255.5
Did you understand?
Answer: C) I think?
Step-by-step explanation: