Question

help me plz Chasity purchased a pool for $9,270 using a six-month deferred payment plan with an interest rate of 17.95%. She did not make any payments during the deferment period. What will Chasity's monthly payment be if she must pay off the pool within four years after the deferment period? a $297.41 b$193.13 c$560 d$211.12

Answer 1

whats a deferment period?

Answer 2

my bad that's the worg question

Answer 3

wait

Answer 4

it's right my bad i was just chaking

Answer 5

so, first we need to find the interest.
to do this, we need to take the loan amount multiply it by the interest rate and multiply that by the time
do you know if the interest is monthly or annually

Answer 6

no i don't

Answer 7

gimme a sec

Answer 8

okay bet thank u tho

Answer 9

u done with it rn ??

Answer 10

im stuck

Answer 11

both yearly and monthly intrest dont match up with any of the answers

Answer 12

danm it's all right thank u tho

Answer 13

np, sry i couldnt help.