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1. If Jennie has to pay 300 a month for 2 and a half years with an interest of 1% what will the total payment be 

Jan 4th, 2015

300 month for 2 1/2 years = 300 a month for 30 months

                                          = 300 x 30

                                          =9000

I am assuming it is 1% interest per year

Interest = 2.5 x 9000 x 1/100 = 2.5 x 90 = 225

Total payment = 9000 + 225 = 9225

Jan 4th, 2015

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