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Alja [10]
2 years ago
5

A consumer charges a $46.92 purchase on a credit card. the card has a daily interest rate of 0.039%. if the consumer pays off th

e balance at the end of 30 days, how much in interest will be paid for the purchase? a. $0.06 b. $0.18 c. $0.55 d. $5.49 please select the best answer from the choices provided. a b c d
SAT
1 answer:
Korvikt [17]2 years ago
5 0

The interest that will be paid for a period of 30 days at an interest rate of 0.039% will $0.55

<h3>Interest Rate Computation</h3>

Given Data

  • Charge on purchase = $46.92
  • Daily interest Rate = 0.039%
  • Number of Days = 30

Let us find the daily amount in Interest

= 0.039/100*46.96

= 0.0182988

Hence the daily interest made will 0.018

Also, for 30 days the accrued amount will be

= 0.18*30

= 0.548964

= $0.55

Learn more about interest rate calcultaion here:

brainly.com/question/11514232

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Johnny deposited $50 in a savings bank at
IrinaVladis [17]

Answer:

54 dollars

Explanation:

Because this problem involves simple interest, and the money is only deposited for one year, you can calculate the amount of money in the bank after one year by thinking about a percent increase. Johnny starts with 50 dollars in his bank account, and we are given that he will experience an 8% increase over the year. This means that the amount of money in his bank account after one year is just 50 + 0.08*50 (the principal amount plus the simple interest, or amount of money that increases during the year). This is equal to 50 + 4, or 54 dollars.

Note that, whenever we are dealing with simple interest, the amount of money in the bank after a certain number of years is just P(1 + PRT), where P is the principal amount, R is the interest rate, and T is the number of years the money is in the bank.

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Which of the following sentences correctly uses a semicolon?
Cloud [144]

Answer:

A) Someone totally messed up my room; my sister looked very guilty.

Explanation:

Semicolons are kind of a period to a sentence, but it is used to link two sentences about the same topic into one sentence.

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A grocery store has two recycling machines
Thepotemich [5.8K]

Answer is 112%

kinda skeptical about my answer but i am going to give it my best shot, sorry if i get it wrong.

In percent-type questions I always go by this formula:

not a %                            %

original number       :     100%

new number            :      new %

original number × new %  =  new number × 100%

here, the original numbers are 240 and 180 and the new % is +30% and -10% now let plastic be P and metal be M and let's elaborate this a bit further

plastic:

the first recycling machine took in 240  plastic bottles while the second took in 30% <u>more</u> plastic bottles, what we have to do here is to find out how much bottles the second machine took in as a form of integer, which is the new number; let that new number be X, let's plug this in the formula

240:100+30\\X:130 \\

notice: 130 is the new %

240*130 = 100X\\31200 = 100X\\312=X

the second machine took in 312 plastic bottles, let's save this answer for later

metal:

the first recycling machine took in 180 metal cans while the second took in 10% <u>less</u> plastic bottles, we do the same thing and find the new number, this time let it be Y:

180:100-10\\Y=90

90 is the new % here; also, notice how sometimes you either add or subtract percents, depending on what the problem demands.

180*90=100Y\\16200=100Y\\162=Y

Now we can conclude that the first recycling machine took in 240  plastic bottles and 180 metal cans and the second took in 312 plastic bottles and 162 metal cans.

here comes the hardest bit to apprehend and the final part of this problem, "the second machine recycled what percent (%) more items than the first?"

in other words, how much percent did the second machine recycle more.

to find that percent, first we need to add the plastic and metal "items" of both machines individually and turn them into percents: let the first machine be A and second machine be B:

A: 240+180=420

B: 312+162=474

again, using the same formula to find the new percent, let that percent be Z; plugging both A and B respectively:

420:100\\474:Z

420Z=474*100\\420Z=47400\\Z= 112.857≈ 112% more items than the first

now if you check the rounded up 112 and plug it back in to make sure of your answer: 420Z=47400 you end up getting 47040, since it's rounded up, but when you plug the full 112.857 you get 47399.94, closest to 47400. Tip: when you plug in any value for check up, don't use the rounded up one.

At last, those steps are actually fast, especially with that formula it's so important. the explanation seems intimidating so read it slowly and take your time. if you have any other questions, feel free to ask. also, let me know if you know a faster method to solve this question. <3

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Answer:

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Explanation:

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Explanation:

Sajan Bajgain?

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