Joanne Revis bought a home computer for $1,299. She plans to pay $300 per month till the purchase is paid off. Assume there is1$\frac {\text {1 }} { \text {2 } }$%
a interest charge on the unpaid balance and the U.S. Rule is used. What is the outstanding balance due at the end of the first month?

Question

Joanne Revis bought a home computer for $1,299. She plans to pay $300 per month till the purchase is paid off. Assume there is1$\frac {\text {1  }} { \text {2 } }$%
 a interest charge on the unpaid balance and the U.S. Rule is used. What is the outstanding balance due at the end of the first month?

Quizplus · Accepted Answer

The Answer of Joanne Revis bought a home computer for $1,299. She plans to pay $300 per month till the purchase is paid off. Assume there is1$\frac {\text {1  }} { \text {2 } }$%
 a interest charge on the unpaid balance and the U.S. Rule is used. What is the outstanding balance due at the end of the first month?

Joanne Revis Bought a Home Computer for $1,299 1 2 \frac {\text {1 }} { \text {2 } }2 1 ​

Joanne Revis Bought a Home Computer for $1,299 $\frac {\text {1 }} { \text {2 } }$