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Dominik [7]
3 years ago
9

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 ​$900 on your credit​ card, which carries a 12​% annual interest rate.
Mathematics
1 answer:
Anestetic [448]3 years ago
6 0

Answer:

Step-by-step explanation:

i = P * r * t

i = 900 * 12%/12 * 1

i = 900 * 1% = 900 * 1/100

i = 9 dollars.

You'll pay 9 dollars a month to maintain that balance.

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Answer:

The lengths of Gajge’s runs have greater variability because there is a greater difference between his longest and shortest runs is the answer.

Step-by-step explanation:

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