1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Savatey [412]
2 years ago
11

Calvin’s credit card computes finance charges using the daily balance method. his card has a billing cycle of 30 days and an apr

of 14.75%. the following table details calvin’s transactions in the month of september. date amount ($) transaction 9/1 716.54 beginning balance 9/7 84.94 purchase 9/12 15.69 purchase 9/20 200.00 payment what will calvin’s starting balance be next month? a. $617.17 b. $624.74 c. $625.91 d. $623.52
Mathematics
1 answer:
Alenkasestr [34]2 years ago
5 0

The amount of calvin’s starting balance for the next month will be C. $625.91.

<h3>How to calculate the amount?</h3>

From the information given, the monthly percentage rate will be:

= 14.75/12

= 1.22%

Therefore, the amount of calvin’s starting balance for the next month will be $625.91.

In conclusion, the correct option is C.

Learn more about amount on:

brainly.com/question/17785784

#SPJ4

You might be interested in
It is believed that 44% of all Americans eat breakfast every day. For a class project, you randomly select Clemson students and
GaryK [48]

Answer:

For this case we want to conduct a test in order to see if the proportion of Clemson students who eat breakfast is different from 0.44 (alternative hypothesis). And the complement would represent the null hypothesis, and the system of hypothesis for this case are:

Null Hypothesis: p =0.44

Alternative hypothesis: p \neq 0.44

Step-by-step explanation:

Previous concepts

A hypothesis is defined as "a speculation or theory based on insufficient evidence that lends itself to further testing and experimentation. With further testing, a hypothesis can usually be proven true or false".  

The null hypothesis is defined as "a hypothesis that says there is no statistical significance between the two variables in the hypothesis. It is the hypothesis that the researcher is trying to disprove".

The alternative hypothesis is "just the inverse, or opposite, of the null hypothesis. It is the hypothesis that researcher is trying to prove".

Solution to the problem

For this case we want to conduct a test in order to see if the proportion of Clemson students who eat breakfast is different from 0.44 (alternative hypothesis). And the complement would represent the null hypothesis, and the system of hypothesis for this case are:

Null Hypothesis: p =0.44

Alternative hypothesis: p \neq 0.44

8 0
3 years ago
Describe the likelihood of not choosing blue.
Alinara [238K]

3 red and 3 yellow don't get ur question cause think u should re say it

4 0
3 years ago
Read 2 more answers
Find the possible values of s in the inequality 12s-20 &lt;3s-25
GaryK [48]

12s - 20 < 3s - 25 |+20

12s < 3s - 5 |-3s

9s < -5 |:9

s < -5/9

Answer: Any number from the set (-∞, -5/9).

7 0
3 years ago
Describe and correct the error in writing the phrase as an expression?
lesantik [10]

Answer:

12 < x

Step-by-step explanation:

In writing 12 less than a number x, the expression, 12 - x is wrong because "less than" is not the same thing as "minus" (-). Rather, the sign, "<" should have been used as follows:

12 < x.

4 0
2 years ago
I need to know how to work it out someone plz help me out due tommorow
DiKsa [7]
Multiply 75 by 1.0675 to find the total amount of tax plus 100 percent of the original fee im pretty sure and for the seocnd one multiply 450 by 1.45
5 0
3 years ago
Other questions:
  • In the following picture, (QS) ̅ and (PR) ̅ are chords of the circle. Find the length of QS. (Remember to show formulas/equation
    7·1 answer
  • Use the rule of 78 to find the finance charge refund if the Finance charge was $476 on a 12 month payment plan and the loan was
    14·1 answer
  • Which statement is true about the difference 2 square root of 7 − square root of 28 ?
    8·1 answer
  • Which fraction and decimal forms match the long division problen?
    12·2 answers
  • Please help lot of points at stake- and will give brainly.
    7·1 answer
  • Determine which trig function can be used to solve for x. Then, solve for x, 48° 17 Make sure your calculator is operating in "D
    12·1 answer
  • I need help with this.
    14·1 answer
  • What is the time the past from start to end
    12·1 answer
  • While on vacation in Europe, you go shopping and buy a large LEGO set that weighs 4 pounds. The post office only shows shipping
    15·1 answer
  • A truck driver needs to drive 400 miles. The drivers average speed for the first 180 miles is b miles per hour. The drivers aver
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!