Sharon purchased a sprinkler system for $1,950 using a six-month deferred payment plan. the interest rate after the introductory period is 23.99%. no down payment is required, but there is a minimum monthly payment of $25. what is the balance at the beginning of the seventh month if only the minimum payment is made each month during the introductory period? (4 points) $1,950.00 $2,045.91 $1,800.00 $2,195.91

$1800

Step-by-step explanation:

If we pay $25 monthly, then at the beginning of the seventh month you should have paid:

$25*6 = $150

At the beginning of the seventh month we will have:

$1950 - $150 = $1800.

No interested is charged during the introductory period, so at the beginning of the seventh month the balance will be $1800.

answer: 1inch=7days  

12inch=12*7=84days

step-by-step explanation:

step-by-step explanation: