Sheila purchased ski equipment for $513 using a six-month deferred payment plan. the interest rate after the introductory period is 18.39%. a down payment of $125 is required as well as a minimum monthly payment of $65. what is the balance at the beginning of the seventh month if only the minimum payment is made during the introductory period?

$65 * 6 = $390 total monthly payments made

The downpayment made is $125, so the total balance at the end is:

balance = $513 – ($125 + $390)

balance = - $2

There is an excess of 2 dollars at the end.

step-by-step explanation:

which of the following statements correctly describes the expression below based on its degree and number of terms?

314 - 7x2 + 11

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step-by-step explanation:

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