Answer:
A = $6,700(1 +0.0865^t)
APY = 8.65%
Step-by-step explanation:
Daily compounding of interest results in an annual growth factor of ...
gf = (1 +r/365)^365 . . . . for APR = r
Your growth factor is ...
gf = (1 +0.083/365)^365 ≈ 1.086532
Then the growth rate (APY) is ...
APY = gf -1 ≈ 8.65%
The account value is multiplied by the growth factor each year, so after t years will be ...
A = P(1 +APY)^t
A = $6,700(1 +0.0865)^t . . . . . . . 0.0865 is the annual growth rate
Answer: 9006.16
Step-by-step explanation:
In general, the length of billing cycle is at least 15 days and no longer than 90 days.
The finance charge for a billing cycle is $9,006.16.
The new opening balance in the following billing cycle is $29,006.16.
Let the third angle of the triangle be y.
y + 64° + 45° = 180° (angle sum of triangle is 180°)
x + y = 180° (angle of a straight line is 180°)
Notice that they both equal 180°. This means that they are the same thing, hence:
y + 64° + 45° = x + y
Since y = y, it is not necessary to write them down. Remove y from both sides of the equation:
64° + 45° = x
Surprise! exterior angle = sum of interior opposite angles.
I hope this clears up any confusion you might have. If not, feel free to leave a comment with your question.
Answer: y=3x
Step-by-step explanation:
2x3=6
3x3=9
5x5=15
6x3=18
65% of $19.
So, this would become 65/100 * 19.
$12.35 off, we are not done yet.
19.00
- 12.35
-------------
$ 6.65=answer
Hope this helps :)