Answer:
Third option
Step-by-step explanation:
: ) Hope u will have a great day
924
ways to solve: plug it into a calculator, write it out
Answer:
Total Payment is $1305
Step-by-step explanation:
simple interest = (principal × rate × time)/100
p = $1200
time = 5 months
rate = 21%
Interest = (1200 × 21 × 5/12)/100
= 12 × 21 × 5/12 = 21 × 5
Interest = $105
Total payment = credit balance + interest
= $1200 + $105
= $1305
You would convert the percent into a decimal, which would be 0.00039296, then multiply it by 9, which is 0.00354564. To find the total, you would do 9 plus that, which is 9.00354564.