Christopher took out a 4 year loan for $1150 at a sports-equipment store to be paid back with monthly payments at a 42% apr, compounded monthly. if the loan offers no payments for the first 9 months, how much will christopher owe when he begins making payments?

o a. $1150.00

o b. $1199.24

o c. $1359.98

o d. $1186.74

The correct option is D.

Step-by-step explanation:

It is given that Christopher took out a 4 year loan for $1150 at a sports-equipment store to be paid back with monthly payments at a 4.2% APR, compounded monthly.

The formula for amount after compound interest is

Where, P is principal, r is rate of interest, n is number of time interest compounded in a period, number of periods.

According to the given information,

P=1150

r=0.042

n=12

t=9

Put these values in the above formula,

Christopher owe $1186.74 when he begins making payments. Therefore the correct option is D.

10 cm

step-by-step explanation:

if the polygon is a rectangle, then the perimeter is x+x+y+y. using the values that you gave, the perimeter is 3+3+2+2=10cm.

y=3n + 1

step-by-step explanation:

this is wrong because it says the second number is one less and i added one instead