Given

Principal 1500

Intrest 6%

Time 240 days

Partial payments for 100th day 7,000

For 180th day 4,000

A. Use the u. s rule to solve for total intrest cost

B. Use the u. s rule to solve the balance after payments for the 100th and 180th

C use the u. s rules to solve final payment

Question

9 December, 06:56

+4

Answers (1)

Know the Answer?

Sage Hurst · Answer 1

The answer is B. Use the u. s rule to solve the balance after payments for the 100th and 180th

GivenPrincipal 1500Intrest 6%Time 240 daysPartial payments for 100th day 7,000For 180th day 4,000A. Use the u. s rule to solve for total intrest costB. Use the u. s rule to solve the balance after payments for the 100th and 180thC use the u. s rules to solve final payment