Answer:
Step-by-step explanation:
The top number is the power and the bottom of the fraction is the root
<em>So</em><em> </em><em>the</em><em> </em><em>right</em><em> </em><em>answer</em><em> </em><em>is</em><em> </em><em>none</em><em> </em><em>of</em><em> </em><em>the</em><em> </em><em>ab</em><em>ove</em>
<em>look</em><em> </em><em>at</em><em> </em><em>the</em><em> </em><em>attached</em><em> </em><em>picture</em>
<em>hope </em><em>it</em><em> </em><em>will</em><em> </em><em>help</em><em> </em><em>you</em>
This question is incomplete, the complete question is;
Vic bought a new plasma TV for $2400. He made a down payment of $200 and then financed the balance through the store. Unfortunately, he was unable to make the first monthly payment and now pays 6% interest per month on the balance (while he watches his TV).
What is Vic's Monthly interest payment ( Assume interest rates are 1/12 of annual interest rates)
Answer: Vic's Monthly interest payment is $132
Step-by-step explanation:
Given that;
Purchase cost of plasma Tv = $2400
down payment made = $200
so,
Balance financing from store = $2400 - $200 = $2,200
also given that Interest rate is 6% per month6
Now Monthly interest payment will be;
⇒ financing amount × interest rate
⇒ 2200 × (6/100) = 132
Therefore, Vic's Monthly interest payment is $132