The average daily balance for the month was $84.21, and the finance charge for the month was $30.13.
<h3><u>Averages</u></h3>
Given that Sally's balance on her credit card is $75.00 on the first day of August, and she makes a payment of $18.00 on August 17 and a new purchase of $41.00 on August 29, and the annual interest rate is 21.25%, to determine what is Sally's average daily balance and finance charge for the month of August, the following calculation must be made:
- 75 x ((21.15/12 x 16) / 100) + 75 = A = 86.89
- 57 x ((21.15/12 x 13) / 100) + 57 = B = 70.06
- 98 x ((21.15/12 x 3) / 100) + 98 = C = 103.18
- (86.89 x 16 + 70.06 x 13 + 103.18 x 3) / 31 = X
- 84.21 = X
- 86.89 + 70.06 + 103.18 - 75 - 57 - 98 = Y
- 30.13 = Y
Therefore, the average daily balance for the month was $84.21, and the finance charge for the month was $30.13.
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Answer:
a = -2
Simplifying 5 + -2(4a + 1) + 3a = 13 Reorder the terms: 5 + -2(1 + 4a) + 3a = 13 5 + (1 * -2 + 4a * -2) + 3a = 13 5 + (-2 + -8a) + 3a = 13 Combine like terms: 5 + -2 = 3 3 + -8a + 3a = 13 Combine like terms: -8a + 3a = -5a 3 + -5a = 13 Solving 3 + -5a = 13 Solving for variable 'a'. Move all terms containing a to the left, all other terms to the right. Add '-3' to each side of the equation. 3 + -3 + -5a = 13 + -3 Combine like terms: 3 + -3 = 0 0 + -5a = 13 + -3 -5a = 13 + -3 Combine like terms: 13 + -3 = 10 -5a = 10 Divide each side by '-5'. a = -2
Gotta graph this one
Zeros are $.586 and $3.414 and the profit is zero when these are the prices
Maximum profit when the dogs are 2 bucks
These numbers from least to greatest would be: 4.72, 4.74, 4.98
