Bernadette took out a loan for $1250 at a 10.8% apr, compounded monthly, to buy a refrigerator. if she will make monthly payments of $85.50 to pay off the loan, which of these expressions could be used to calculate the number of payments she will have to make?

log(85.5/85.5-(1250)(0.009))/log(1+0.009)

Explanation:

exactly how it is. I got it correct

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.