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allochka39001 [22]
3 years ago
7

Explain, using complete sentences, how someone might snowball their debt according to the balance.

Mathematics
2 answers:
Anni [7]3 years ago
7 0

According to the snowball method, people must stipulate a monthly amount for the payments of their debts, and thus pay first the lower balance debt, once paid, use that amount that left the first debt free, in the second largest debt, and once paid, use the free money for the previous debts, to cancel the next highest, and so on, paying them until getting to cancel them all.


This method has several benefits, firstly it helps to settle the debts in an organized way, and in the shorter time possible, reducing the interest charges and fees, and also psychological help, since when people pay off their debts have mentally and financial tranquility.
algol133 years ago
5 0
<span>Using the snowball method to pay off debt is fairly basic and simple. In this method you begin by clearing the smaller debts first. Once these are cleared you have more money that you can put towards them because you no longer have payments on the smaller debts. This method is simple and often helps eliminate debts quicker.</span>
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When expressed in scientific notion the number 1,230,000,000 is 1.23 x 10B. The value of B is.
gladu [14]
I hope this helps you



123×1000000000


123×10^10

123×1/100×10^12

1,23×10^12



6 0
3 years ago
To make fruit punch for a party, we need 4 1⁄2 gallons of ginger ale, 1 gallon of strawberry juice, 2 3⁄4 gallons of frozen oran
lina2011 [118]

For this case we convert the mixed numbers to fractions:

4 \frac {1} {2} = \frac {2 * 4 + 1} {2} = \frac {9} {2}\\2 \frac {3} {4} = \frac {4 * 2 + 3} {4} = \frac {11} {4}

Now we add the fractions:

\frac{9} {2}+1+ \frac {11} {4} + \frac {1} {8} =

We find the least common multiple of the denominators. The l.c.m is 8, then we divide by each denominator and multiply the result by each numerator.

\frac {36 + 8 + 22 + 1} {8} =\\\frac {67} {8} =

8,375

Thus, the punch recipe implies 8.375 gallons. If we convert to a mixed number we have:

8 \frac {3} {8} gallons

Answer:

8 \frac {3} {8}gallons

4 0
3 years ago
1. Gina saved 3,000 in an account that offered 3.8% simple interest for 240 days. Find the accumulated amount using ordinary sim
mash [69]

Answer:

3,114 in 240 days

Step-by-step explanation:

3000 x 0.038=114

114+3000=3114

6 0
2 years ago
How long does it take a snail to crawl 72 inches?
Lynna [10]
About 5 days and 12hours
7 0
3 years ago
What is the difference in length between 1 1/4 inch button and a 3/8 inch button
Ksenya-84 [330]

Answer:7/8 of an inch

Step-by-step explanation: 1 and 1/4 inch is 5/4 inches, which can be converted into 10/8

10/8-3/8=7/8

4 0
3 years ago
Read 2 more answers
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