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Write sentence answers. John and Mary Fiore are a married couple with twins: Dennis and Alayna. 1 . ) The Fiore s want to pay

Write sentence answers.
John and Mary Fiore are a married couple with twins: Dennis and Alayna.
1.) The Fiores want to pay off debt before they purchase a home.
a.) Johns credit card balance is $10,500. He makes an interest only payment at
23.75%. What is his monthly payment?
b.) Marys car loan balance was $7,500 two years ago. She makes monthly
payments at 15% interest. What is her monthly payments, if she is to repay
over 5 years?
c.) What is Marys current car loan balance?
d.) How much debt does the couple have?

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