math

Robert's acct p $98.50 has been delinquent for three months. Office procedures charge a 2% service charge after 90 days componded monthly and is added to future bills. What will be the amount owed after nine months? I did $98.50 x 2% = $1.97 $1.97 x 6months = $11.82 $98.50+ $11.82 = $110.32. Check my math. Please give breakdown out of school 40 yrs Thanks

  1. 👍 0
  2. 👎 0
  3. 👁 169

Respond to this Question

First Name

Your Response

Similar Questions

  1. pre - CALCULUS

    A gas company has the following rate schedule for natural gas usage in single-family residences: Monthly service charge Per therm service charge 1st 25 therms Over 25 therms $8.80 $0.6686/therm $0.85870/therm What is the charge

    asked by Ciara on April 9, 2015
  2. HCR/230

    What are the basic elements of an effective medical office financial policy? In what ways do medical office procedures support financial policies? What are the consequences when office procedures do not support the financial

    asked by me on October 28, 2010
  3. Chemistry

    In 1909, Robert Millikan performed an experiment involving tiny, charged drops of oil. The drops were charged because they had picked up extra electrons. Millikan was able to measure the charge on each drop in coulombs. Here is an

    asked by Anonymous on September 11, 2011
  4. Algebra

    Mary’s yard is a mess. She needs to hire someone to prune her trees and shrubs. A landscaping service she calls quotes her a price of $15 consultation fee plus $8 an hour for the actual work. Mary’s neighbor has offered to

    asked by Faith on October 23, 2013
  5. math

    A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is

    asked by nina on April 27, 2018
  1. Personal Finance

    What would be the APR on $1200.00 if the total interest paid was 75.00 for 36 months. The bank charge a service charge of 12.00 for the loan.

    asked by Sheri Zinnel on June 8, 2012
  2. math

    A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is

    asked by john on November 30, 2015
  3. math

    A company has a policy of retiring company cars; this policy looks at number of miles driven, purpose of trips, style of car and other features. The distribution of the number of months in service for the fleet of cars is

    asked by Anonymous on November 30, 2015
  4. Advanced Algebra

    Robert borrowed $750 from his parents to make some repairs on his car. He promised to repay the loan by giving his parents at least $67 from his paycheck each week. Assuming Robert sticks to his promise, which of the following is

    asked by Steve on September 4, 2017
  5. hcr 230

    I was hoping someone could look over my paper and tell me if I am answering correctly the questions below. For patient billing to be operative, dependable financial procedures and policies need to be in order to clarify to the

    asked by kristina on January 21, 2011
  6. math

    Christina finances a piano for $3,070 by taking out an installment loan for 24 months. The payments were $153.50 per month and the total finance charge was $614. After 14 months, Christina decided to pay off the loan. After

    asked by sara on March 13, 2018

You can view more similar questions or ask a new question.