Tina's refrigerator unexpectedly failed and she had to purchase a replacement for $1.100Unfortunately, this came at the same time that she had to pay her real estate taxes She decided to use the store's credit offer of a 1.2% monthly periodic rate if the balance is not paid by the second monthIf she pays $500 by the second month and plans to pay the balance due at the end of the fourth month how much will she have to pay then.

Answer rating: 100% (QA)

To calculate the remaining balance that Tina will have to pay at the end of ... View the full answer