Suppose that on january 1 you have a balance of $6200 on a credit card whose apr is 16%, which you want to pay off in 2 years. assume that you make no additional
charges to the card after january 1.
a. calculate your monthly payments.
b. when the card is paid off, how much will you have paid since january 1?
c. what percentage of your total payment (part b) is interest?
a. the monthly payment is $ .
(do not round until the final answer. then round to the nearest cent as needed.)
b. the total paid since january 1 is :
(use the answer from part a to find this answer. round to the nearest cent as needed.)
c. the percentage of the total paid that is interest is %.
(use the answer from part b to find this answer. round to one decimal place as needed.)

2.12 school absences. data collected at elementary schools in dekalb county, ga suggest that each year roughly 25% of students miss exactly one day of school, 15% miss 2 days, and 28% miss 3 or more days due to sickness.61 (a) what is the probability that a student chosen at random doesn’t miss any days of school due to sickness this year? (b) what is the probability that a student chosen at random misses no more than one day? (c) what is the probability that a student chosen at random misses at least one day? (d) if a parent has two kids at a dekalb county elementary school, what is the probability that neither kid will miss any school? note any assumption you must make to answer this question. (e) if a parent has two kids at a dekalb county elementary school, what is the probability that both kids will miss some school, i.e. at least one day? note any assumption you make.