Ask Question
MathematicsMathematics
9 April, 21:24

Benson has a bankruptcy on his credit report

+5
Answers (1)
  1. 9 April, 23:59
    0
    Given:Interest = 180term = 1 yearInterest rate = 2%

    We need to get the principal amount using the simple interest formula.

    Interest = Principal * interest rate * term180 = P * 2% * 1180 / 2% = P9,000 = Principal

    Benson pays an additional interest of 9,000 each year. A monthly payment of 750.

    9,000 / 12 months = 750 per month.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Benson has a bankruptcy on his credit report ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Drawing 1/5 the original with a ship 14 inches
Answers (1)
What does 2^3 equal?
Answers (1)
What digit is in the hundreds period of 4,576,777
Answers (1)
C=5/9 (F-32), solve for F
Answers (2)
1 x) = 5x what is (a) ? n 17 (1) = -52 ()
Answers (1)
New Questions in Mathematics
How many solutions exist for the given equation? 0.75 (x + 40) = 0.35 (x + 20) + 0.35 (x + 20)
Answers (2)
What transformations preserve measure of side lengths and angles.
Answers (1)
The cost C in dollars ($) for a canoe rental for h (hours) is given by C = 4.50h + 10 Nick spends $39.25 How many hours did he rent the canoe?
Answers (1)
Which rule explains why these triangles are congruent? A. SAS B. ASA C. AAS D. These triangles can not be proven to be congruent.
Answers (1)
The aquarium has 30 times as many fish in one tank as jacob had. the aquarium has 90 fish. how many fish does jacob have
Answers (1)
Home » Mathematics » Benson has a bankruptcy on his credit report
Sign Up Forgot Password?