Sarah purchased a swing set for $1,450 using a six-month deferred payment plan. The interest rate after the introductory period is 19.99%. No down payment is required, but there is a minimum monthly payment of $20. What is the balance at the beginning of the seventh month if only the minimum payment is made each month during the introductory period

$1,330

Explanation:

Sarah makes a minimum monthly payment of $20

If she is required to make this payment for a period of six months, then the total payment is

= $20×6

= $120

Since Sarah purchased the swing set for $1,450, then the balance at the beginning of the seventh month can be calculated as follows

= $1,450-$120

= $1,330

Hence the balance at the beginning of the seventh month is $1,330

in night, why are wiesel and his father evacuated from the auschwitz concentration camp? a massive escape makes the nazis question the security of auschwitz. they are assigned to work as laborers in a factory at another camp, buna. hitler has ordered that all remaining jews be relocated within german borders. the german army needs the camp guards to go to the battle front for a last-chance defense.