Annual Rate = 16% = 16/100 = 0.16
Monthly Rate = (annual rate)/12
Monthly Rate = (0.16)/12
Monthly Rate = 0.01333 ... this is approximate
Finance Charge = (Monthly Rate)*(Previous Balance)
Finance Charge = (0.01333)*(179.32)
Finance Charge = 2.3903356
Finance Charge = 2.39
The purchases and payments do not factor in the finance charge since they are made during this current billing cycle. The previous balance method only looks at the balance at the end of the previous cycle.
Once the finance charge is calculated, we add on the new purchases and the finance charge to the old balance. We also subtract off the payments/credits. Doing all this calculates the new balance for this billing cycle.
New Balance = (Old balance) + (Purchases) + (Finance Charge) - (Payment)
New Balance = 179.32 + 117.42 + 2.39 - 85
New Balance = 214.13
In summary,
Finance Charge = $2.39
New Balance = $214.13
We solve this equation : 4y+6=-2
4 y+ 6=-2
4y=-2-6
4y=-8
y=-8/4
y=-2
Therefore: It has one solution .
Answer:
A ratio is comparing things. so the ratio of boys to girls. If there was 5 boys and 6 girls that ratio of boys to girls would be
5:6
Answer:
x = 15.4
Step-by-step explanation:
Because this is a right triangle, you can use the pythagorean theorem to find the length of the hypotenuse. the theorem is a^2 + b^2 = c^2
so
9^2 + 12.5^2 = c^2
solving this will give you 15.4