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Algebra 16 Online
OpenStudy (anonymous):

plz help me :'( Abraham purchased a living room set for $3,742 using an 18-month deferred payment plan with an interest rate of 18.79%. What is the balance after the deferment period if no payments are made? (1 point) $4,844.77 $4,949.50 $3,742.00 $4,445.12

OpenStudy (anonymous):

any idea anyone?

OpenStudy (ladiesman217):

is 18.79 monthly or total

OpenStudy (anonymous):

im not sure... sorry

OpenStudy (anonymous):

total?

OpenStudy (ladiesman217):

its total and the total amount is 4445.12 so the last one

OpenStudy (anonymous):

oh my goodness thank you can yiou help me with some more?

OpenStudy (anonymous):

Anthony purchased a bedroom set for $3,860 using a six-month deferred payment plan with an interest rate of 27.29%. What is the balance after the deferment period if payments of $172 are made each month? (1 point) $2,828.00 $4,417.57 $3,385.57 $3,860.00

OpenStudy (anonymous):

???

OpenStudy (ladiesman217):

b is the closest to my answer

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