Answer:
It will take approximately 25 months
Step-by-step explanation:
The amount owed on the credit card statement, P = $2,000
The interest rate of the credit on the credit card, r = 18.9%
The minimum monthly payment made, M = $100
The equal monthly installment formula is given as follows;

Therefore, we get;

100×1.01575ⁿ - 100 = 31.50×1.01575ⁿ
100×1.01575ⁿ - 31.50×1.01575ⁿ = 100
68.5×1.01575ⁿ = 100
1.01575ⁿ = 100/68.5
n = ln(100/68.5)/ln(1.01575) ≈ 24.21 (which is approximately 25 months, by rounding up to the nearest whole number)
Therefore, it will take approximately 25 months to pay off the credit card debt
Answer:
14y - 5x
Step-by-step explanation:
N/A
Answer:
The answer x=13 or x=1
Step-by-step explanation:
Let's solve your equation step-by-step.
|x−7|=6
Solve Absolute Value.
|x−7|=6
We know eitherx−7=6orx−7=−6
x−7=6(Possibility 1)
x−7+7=6+7(Add 7 to both sides)
x=13
x−7=−6(Possibility 2)
x−7+7=−6+7(Add 7 to both sides)
x=1
Answer:
x=13 or x=1
Johnny Sins is the answer