Check my answers please? Will give medal. Consumer math...

Question

dinorap1 · Answer

attachment

loser66 · Answer

Nope

dinorap1 · Answer

?

loser66 · Answer

Let's calculate the numbers!!
For KMR: 9.5% of 2544.92 = 241.76
For Brok 10% of 1892.45 = 189.24
For FIN 9.7% of 945.23= 91.68

Then, if you let KMR there (don't pay), the interest of it is highest one.

dinorap1 · Answer

What's the nope for? I'm wrong?

loser66 · Answer

You pick Brok. That is not a good answer.

dinorap1 · Answer

Oh okay, well I wasn't quite sure how to anyswer it anyways. I didn't know there was math involved, I thought it was about observing which one had the highest interest.

dinorap1 · Answer

I understand what you mean, thanks for explaining! Now for the other one in the screenshot, I picked February. Wrong or right? I have a feeling I calculated it wrong.

loser66 · Answer

show your work, please

dinorap1 · Answer

JANUARY
498*(1/12)*.15=6.23 

That's where I have a feeling I'm wrong. If that's wrong I won't bother posting the rest of my work and I'll try something else

dinorap1 · Answer

That's the I=PRT formula. (Interest=Principal*rate*time)

loser66 · Answer

And what is the target debt ratio?

dinorap1 · Answer

Being under or at 50%.

dinorap1 · Answer

Am I right so far? If so I'll post the rest of my work

loser66 · Answer

suggestion: post on a new post.

dinorap1 · Answer

Okay I will