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Mathematics 20 Online
OpenStudy (anonymous):

Matthew purchased a washer and dryer for $2,315 using an 18-month deferred payment plan with an interest rate of 24.92%. What is the balance after the deferment period if payments of $95 were made each month?

pooja195 (pooja195):

what math ru in

pooja195 (pooja195):

U there

OpenStudy (anonymous):

algebra with financial application

OpenStudy (anonymous):

i dont understand deferred payment plans....

pooja195 (pooja195):

give me lik 2 mins k

OpenStudy (anonymous):

ok! Thank you!

pooja195 (pooja195):

ok 1 u have an incomplete problem what exactly is yr problem

OpenStudy (anonymous):

thats all the information they give me

OpenStudy (anonymous):

Matthew purchased a washer and dryer for $2,315 using an 18-month deferred payment plan with an interest rate of 24.92%. What is the balance after the deferment period if payments of $95 were made each month? $1,641.41 $3,351.41 $605.00 $2,315.00

OpenStudy (anonymous):

there are the included answer choices

pooja195 (pooja195):

ok now wat do u think the answer is

OpenStudy (anonymous):

the last one is my guess

pooja195 (pooja195):

y do u think

OpenStudy (anonymous):

that was the closes answer to the answer i got when i tried calculation

OpenStudy (anonymous):

is that correct?

pooja195 (pooja195):

i cant say it correct but how did u get that

OpenStudy (anonymous):

did you get a different answer

pooja195 (pooja195):

yes 1 min

OpenStudy (anonymous):

ok...

pooja195 (pooja195):

yes ur correct

OpenStudy (anonymous):

can you help with another?

OpenStudy (anonymous):

Hannah purchased a jet ski for $3,849 using a 12-month deferment plan. The interest rate is 25.67%. A down payment of $575 is required as well as a minimum monthly payment of $92. What is the balance at the beginning of the 13th month if only the minimum payment is made during the introductory period?

pooja195 (pooja195):

you have to close this question and ask again ill help

OpenStudy (anonymous):

ok

OpenStudy (anonymous):

how do i close t?

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