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valenbric
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Lillian made a down payment of $150 on some hockey equipment. The balance of the purchase price was paid for using a deferred payment plan with an 18month introductory period. The interest rate is 26.79%. If the purchase price of the hockey equipment was $975 and minimum payments of $12 were made during the deferment period, what is the balance after the deferment period?
 one year ago
 one year ago
valenbric Group Title
Lillian made a down payment of $150 on some hockey equipment. The balance of the purchase price was paid for using a deferred payment plan with an 18month introductory period. The interest rate is 26.79%. If the purchase price of the hockey equipment was $975 and minimum payments of $12 were made during the deferment period, what is the balance after the deferment period?
 one year ago
 one year ago

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darkb0nebeauty Group TitleBest ResponseYou've already chosen the best response.0
s the definition of the deferment period that no interest accumulates during the deferment period? @valenbric
 one year ago

valenbric Group TitleBest ResponseYou've already chosen the best response.0
In this one I think there is no interest during the deferment period because it says introductory period.
 one year ago

valenbric Group TitleBest ResponseYou've already chosen the best response.0
@darkb0nebeauty
 one year ago

darkb0nebeauty Group TitleBest ResponseYou've already chosen the best response.0
then i cant help
 one year ago

valenbric Group TitleBest ResponseYou've already chosen the best response.0
Can you try it calculating interest though?
 one year ago

valenbric Group TitleBest ResponseYou've already chosen the best response.0
my choices are $1,011.60 $1,084.80 $1,215.60 $1,227.60
 one year ago

valenbric Group TitleBest ResponseYou've already chosen the best response.0
@darkb0nebeauty
 one year ago
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