Question 16 Anthony purchased a bedroom set for $3,860 using a six-month deferred payment plan with an interest rate of
27.29%. What is the balance after the deferment period if payments of $172 are made each month? (2 points)

9 x 8 divided by (5-3)=36

a) y = -3x +2

b) y = 1/2x -6

these 2 can be combined into one equation.

-3x +2 = .5x -6

8 = 3.5x

x = 8 / 3.5 = 2.2857142857

y = -3 * (8 / 3.5) +2

y = (-24 / 3.5) + 2

y = -4.8571428571

step-by-step explanation:

the answer is $42.96

step-by-step explanation: