Answer:
correct option is d. $242.81
Step-by-step explanation:
given data
APR = 25.5% =
= 2.125
paid = $3,729
solution
we get here finance charge on the 1st month by multiplying 3,729 and now adding it to existing balance
so we get finance charge for the second and third months similarly as
APR ÷ 100 =
= 0.02125
so 1st
= $3,729 × 0.02125
= 79.25
and
$3,729 + $79.25 = $3808.24
so for next
= $3808.24 × 0.02125
= 80.93
and
$3808.24 + $80.93 = $3889.17
so for next
= $3889.17 × 0.02125
= 82.64
and
$3889.17 + $ 82.64 = $3971.81
so
finance
charge = 3971.81 - 3729
finance
charge = 242.81
so correct option is d. $242.81
Answer:
- Family 1: $1.850
- Family 2: $1.350
Step-by-step explanation:
We know that the total monthly payment is 3200, so if we call Pa (family A`s payment) and Pb (Family B's payment) the payments:
- Pa+Pb=3200
- also, Pa = Pb+500
So if we replace Pa in the first ecuation:
- Pb+500+Pb=3200
- 2Pb= 3200-500
- Pb=2700/2= $1.350
then Pa+Pb=3200 => Pa= 3200-1350= $1.850
Good Luck!
Answer:
Solve for the first variable in one of the equations, then substitute the result into the other equation.
Point Form:
(−1/2,1/2)
Equation Form:
x=−1/2,y=1/2
Step-by-step explanation:
A rational number is any number that can be expressed as a ratio of two integers (hence the name "rational"). For example, 1.5 is rational since it can be written as 3/2, 6/4, 9/6 or another fraction or two integers. Pi (π) is irrational since it cannot be written as a fraction.