Question

i need help with a consumer math question....i have a copy of it i will attach it i need all the help i can get

Answer 1

well, you can start with fillin gin the months: 1,2,3,4,5,6,7,...

plug in the principal ... the starting amount

multiply that by the interest rate ... its a compounding monthly that i can see

input the payments: 400, 400, 200, 200, 200, 200, ....

Answer 2

principal + interest - payment = balance remaining

Answer 3

ok thanks

Answer 4

the end of month balance looks to be the new principal for each start of month

Answer 5

thanks