1) how many purchased a jetski for 1381 using a 12 month deferment plan. the interest-rate is 19.57%. a down payment of $275 is required as well as a minimum monthly payment and $47. what is the balance at the beginning of the 13th month if only the minimum payment is made during the introductory period? a. $1,295.95 b. $778.95 c $837.87 d. 1,342.95 2) emily open a credit card at a department store with the apr of 12.36% compounded twice a year. what is the apy on this credit card? a. 24.72% b. 6.18% c. 15.88% d. 12.74%