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 
       
      
                
     
    
    
    
    
    1 answer:
            
              
              
                
                
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:
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The function is in fact a polynomial and the degree of the polynomial is 7.
        
             
        
        
        
11.22 is 33% of 34 if that is what youre asking
        
                    
             
        
        
        
Answer:
x = 5
Step-by-step explanation:
divide both sides by 2
 
        
                    
             
        
        
        
        
<span>By the Pythagorean theorem
AB = </span>√(12²+5²) = √169 = 13 units
