So out of the amount in your account you have $10,000.
You get charged a 10% fee if you withdraw before you are 59.5 (you did, you were 48).
So, they are going to charge a 10% fee of the $2,500.
10% of $2,500 is...
Your Answer:
$250
Answer:
c
Step-by-step explanation:
Based on the amount that she paid in the first month, the amount Ronda will pay for the next month is<u> $396.</u>
When a loan is amortized, it means that one can pay it off by paying the same amount every period until they would have paid off both the loan and the associated interest.
The amortized amount contains:
- A portion going towards the principal(debt )
- A portion going towards the interest accumulated.
In conclusion, as the amount is the same every time, Ronda will have to pay the same amount of $396 the next month.
<em>Find out more at brainly.com/question/12256592. </em>