Maggie Jay owns her own car. Her June monthly interest was $250. The rate is 13 1/2 percent. Jay's principal balance at the beginning of June is: (Use 360 days)

the principal balance at the beginning of June is $22,222.22

Step-by-step explanation:

The computation of the principal balance at the beginning of June is shown below:

Principal balance = Interest paid ÷ (Interest Rate ÷ 12 Months)

= $250 ÷ (13.5% ÷ 12)

= $22,222.22

Hence, the principal balance at the beginning of June is $22,222.22

need more detail

step-by-step explanation:

lele

yes

step-by-step explanation:

so of course you want to start by plugging the 5 in which goes to 7(5)+3(5)=50 because 7*5=35 and 3*5=15 and then add them together, then plug in the 5 to the other equation as well 9(5)+5=50 because 9*5= 45 and then add 5 and so yes they are equivalent.