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19 votes
19 votes
Ruth uses healthy credit to finance $2,200 for a hearing aid how much would she have to pay each month to pay back the loan in exactly 1 year

User Metaphori
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1 Answer

22 votes
22 votes

Answer:

$183.3

Explanation:

Ruth uses healthy credit to finance $2,200 for a hearing aid how much would she have to pay each month to pay back the loan in exactly 1 year

Ruth took a loan of $2,200

1 year = 12 months

Hence, the amount she would be paying monthly is calculated as:

$2,200/12 months

= $2,200/12

= $183.33333333

Approximately = $183.3

Therefore, Ruth would be paying $183.3 monthly.

User Chris Marie
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