Sarah purchased a swing set for $1,450 using a six-month deferred payment plan. The interest rate after the introductory period is 19.99%. No down payment is required, but there is a minimum monthly payment of $20. What is the balance at the beginning of the seventh month if only the minimum payment is made each month during the introductory period

$1,330

Explanation:

Sarah makes a minimum monthly payment of $20

If she is required to make this payment for a period of six months, then the total payment is

= $20×6

= $120

Since Sarah purchased the swing set for $1,450, then the balance at the beginning of the seventh month can be calculated as follows

= $1,450-$120

= $1,330

Hence the balance at the beginning of the seventh month is $1,330

d

explanation:

kennedy creates personal credibility by saying he is more than fit to lead. he talks about the sixty day period that he constructed administration, and says based on that he will be an acceptable leader.

jfk has a great reputation as an american citizen. he fought in wwii, and earned the navy and marine corps medal. he saved several men on his pt-109 patrol torpedo boat after an attack by the japanese navy. he also served in congress for the 11th congressional district for massachusetts, and served three terms in the house of representatives.

explanation: