Question: FINAL ANSWER ONLY 5 months ago, Andrew failed to pay his utility bill. The missed payment was for the amount of $148.00. The utility company
FINAL ANSWER ONLY
5 months ago, Andrew failed to pay his utility bill. The missed payment was for the amount of $148.00. The utility company is demanding that the missed bill be paid now or else they will cancel his service. If missed payment is charged a simple interest rate of 5%, how much should Andrew pay today? Calculate your answer in dollars and to 2 decimal places. Do NOT include the $ sign
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
