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svp [43]
2 years ago
8

Find the monthly interest payment in the situation described below. Assume that the monthly interest rate is 1 divided by 12 of

the annual interest rate.
You maintain an average balance of ​$675 on your credit​ card, which carries a 24%
annual interest rate.

The monthly interest payment is ​
Mathematics
1 answer:
asambeis [7]2 years ago
3 0

The monthly interest payment is 162

<h3>What is Interest?</h3>

Interest, in its most simple form, is calculated as a percent of the principal.

First,

monthly interest rate,

= 0.24/12

= 0.02.

Now,

Average monthly interest,

=0.02×$675

= $13.50.

Thus, the annual interest payments,

= 12×$13.50

= $162

Learn more about this concept here:

brainly.com/question/1435782

#SPJ1

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Triangles ABC and LMN are congruent according to which of the following congruence criteria?
Paladinen [302]

Answer:

  • Side Side Side congruence criteria

Step-by-step explanation:

As per diagram, the triangles have 3 congruent sides:

  • AB≅LM
  • AC≅LN
  • BC≅MN

So they are congruent by SSS criteria

5 0
3 years ago
What are the coordinates of y=-2x+3
Jobisdone [24]
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4 0
3 years ago
Scientists discover two planets orbiting a distant star. The average distance from the star to Planet A is 4 AU, and it takes 43
Kitty [74]

Answer:

Option C - 9 AU

Step-by-step explanation:

To find : What is the average distance from Planet B to the star?

Solution :

According to kepler's law,

The squares of the sidereal periods (of revolution) of the planets are directly proportional to the cubes of their mean distances from the Sun.

i.e. P^2\propto S^3

We have given,

The average distance from the star to Planet A is S_1=4 AU.

It takes 432 Earth days for Planet A to orbit the star i.e. P_1=432

It takes 1,460 days for Planet B to complete an orbit i.e.  P_2=1460

Substitute the values in (\frac{P_1}{P_2})^2=(\frac{S_1}{S_2})^3

(\frac{432}{1460})^2=(\frac{4}{S_2})^3

0.0875=(\frac{4}{S_2})^3

Taking root cube both side,

\sqrt[3]{0.0875}=\frac{4}{S_2}

0.444=\frac{4}{S_2}

S_2=\frac{4}{0.444}

S_2=9.00

The average distance from Planet B to the star is 9 AU.

Therefore, Option C is correct.

5 0
3 years ago
Answer the following table:)
Volgvan
The answer is 0

Explanation
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4 0
3 years ago
PLEASE HELP ASAP! Will give BRAINLIEST! Please answer correctly!<br><br> No guessing!
belka [17]

Answer:

a.) (1, 6)

Step-by-step explanation:

graph

7 0
3 years ago
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