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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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6/1 x (4/5 + 2/10) 2/3
dem82 [27]

The result can be shown in both exact and decimal forms.

Exact Form:

2

3

Decimal Form:

0.

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6

5 0
4 years ago
Harper simplemente encendió una vela nueva y luego la dejó arder hasta la nada. La longitud de la vela que permanece sin quemar,
Fudgin [204]

Answer:

La pendiente de la ecuación es -1.5 y su interpretación en el contexto del problema es que en este caso este valor indica que la longitud L de la vela luego de t horas desde que se encendió la decrece en 1.5 unidades por cada hora.

Step-by-step explanation:

La función lineal se define por la ecuación

f(x) = mx + b

o

y = mx + b

donde m es la pendiente de la recta y b es la ordenada al origen.

La gráfica de una función lineal es siempre una recta.

Como se mencionó, la m es la pendiente de la recta. La pendiente es la inclinación con respecto al eje x, que es el eje de abscisas.

La pendiente m significa que si aumentamos la x en una unidad, la y aumenta en m unidades. Si m es positiva (m > 0), entonces la función es creciente. En cambio, si la m es negativa (m < 0), entonces la función es decreciente.

En este caso, siendo L=1.5 - 1.5t y comparando con la expresión y=mx + b, podes observar que el valor de la pendiente m es -1.5. Como m es un número negativo, entonces se trata de una función decreciente. En este caso este valor de pendiente indica entonces que la longitud L de la vela luego de t horas desde que se encendió la decrece en 1.5 unidades por cada hora.

<u><em>La pendiente de la ecuación es -1.5 y su interpretación en el contexto del problema es que en este caso este valor indica que la longitud L de la vela luego de t horas desde que se encendió la decrece en 1.5 unidades por cada hora.</em></u>

4 0
3 years ago
When solving an equation, Anne's first step is shown below. Which property justifies Anne's first step?
andrey2020 [161]

Answer:

no property

Step-by-step explanation:

Name the property used: no property

8 0
3 years ago
Solve the elimination method
vlada-n [284]

Answer:

C)No Solution

Step-by-step explanation:

Given  2 equations

  • 4x-2y=1
  • 2x-y=2

Mentioned to solve using eliminations method

4x-2y=1

2x-y=2

Multiply second equation with 2

⇒second equation is 4x-2y=4

Now subtract second equation from 1st equation

4x-2y-(4x-2y)=1-4

4x-4x-2y+2y=-3

0+0=3

0=3

But 0≠3

Therefore there exists no solutions for the given pair of equations

Both equations are Parallel lines as they have the same slope

7 0
4 years ago
Can you please solve it thnx​
alina1380 [7]

Count the squares from one point to the end point. X=4, Y=2. Formula of a slope is y/x. 2/4 or 1/2.

7 0
3 years ago
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