Gary purchased a $750 TV on a credit card with a 22% annual percentage rate, and he wants to pay it off in payments of $200 per month. The table shows the information for the first four months after Gary used his credit card. table Fill in the missing data. a = b = c = What is the total amount Gary will pay?

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Grade: Education Subject: mathematics
Gary purchased a $750 TV on a credit card with a 22% annual percentage rate, and he wants to pay it off in payments of $200 per month. The table shows the information for the first four months after Gary used his credit card. table Fill in the missing data. a = b = c = What is the total amount Gary will pay?
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Answer (316)

Best Answer
(145)
A=$3.06
B=$169.74
C=$0.00

Total=$769.74
(849)

Answer:

a = 3.06

b = 169.74

c = 0

Step-by-step explanation:

Calculation :

As per the table the value of 'a' can be find as

[tex]\rm a = (366.68-200) \times 0.01833[/tex]

[tex]\rm a= 3.06[/tex]

[tex]\rm b = 169.74[/tex] (since only 169.74 $ amount is remaining to be paid)

c = 0 (because there is no amount remains at which interest is applied)

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