What Is the Outstanding Balance After Payment #9

question 95

Multiple Choice

What is the outstanding balance after payment #9?

• A)$ 8,929.
• B)$13,463.
• C)$ 5,000.
• D)$ 5,537.Step 1 Interest = 12% $16,901 = $2,028 Step 2 Decrease in balance = $10,000 2,028 = $7,972
• Step 3 Ending balance = $16,901 7,972 = $8,929

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Definitions:

Rhinoscopy

The examination of the nasal passages and the interior of the nose using a rhinoscope.

Nasal Passages

The channels in the nose through which air enters the body and is warmed and humidified before reaching the lungs.

Olfaction

The sense of smell or the act of smelling.

Smelling

The ability to perceive odors or scents through the olfactory system.