Concept explainers
a.
To calculate the balance after your first monthly instalment.
a.
Answer to Problem 41PPE
$224.5
Explanation of Solution
Given:
Calculation:
b.
To calculate the amount of interest charged after remaining balance the first payment.
b.
Answer to Problem 41PPE
$4.041
Explanation of Solution
Calculation:
c.
To calculate amount of second instalment with interest.
c.
Answer to Problem 41PPE
$228.459
Explanation of Solution
d.
To calculate amount of second instalment with interest.
d.
Answer to Problem 41PPE
$228.541
Explanation of Solution
e.
To calculate the number of months to paid entire amount.
e.
Answer to Problem 41PPE
9
Explanation of Solution
f.
To calculate total interest paid in all.
f.
Answer to Problem 41PPE
$23.18
Explanation of Solution
Chapter 7 Solutions
High School Math 2015 Common Core Algebra 1 Student Edition Grade 8/9
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