Answered

5. You are a collections manager for a hospital. One
patient has an overdue balance of $550. If the bill
is paid within 1 year, no interest fees will be
charged. The patient has agreed to pay 11 monthly
payments of $50. How much will the patient owe
after she makes 2 monthly payments?
A. $50
B. $100
c. $400
D. $450
E. $500

Answer :

Answer: D. 450

Step-by-step explanation: If each month is paid in 50$, then 2 months would then equal 100$. So subtract 100 from 550, which gets you 450$ in payments left

Other Questions