Answer:
<h2>
4076.56</h2>
Step-by-step explanation:
First we need to calculate the James monthly charges on his balance of 4289.
Using the simple interest formula;
Simple Interest = Principal * Rate * Time/100
Principal = 4289
Rate = 5%
Time = 1 month = 1/12 year
Simple interest = 4289*5*1/12*100
Simple interest = 21,445/1200
Simple interest = 17.87
<u>If monthly charge is 17.87, yearly charge will be 12 * 17.87 = </u><u>214.44</u>
The balance on his credit card one year from now = Principal - Interest
= 4289 - 214.44
= 4076.56
The balance on his credit card one year from now will be 4076.56
Answer:
36
Step-by-step explanation:
Use PEMDAS:
2*10 is 20
2*2 is 4
So the equation is now
2+20+4+10=
Now add:
36
Thus the solution is 36
Hope this helps!
Answer:
The vertical one is the y axis and the horizontal one is the x axis.
Step-by-step explanation:
The answer is B)
~kashout
Answer:
First Answer: A = $ 4,247.03
A = P + I where
P (principal) = $ 4,000.00
I (interest) = $ 247.03
Second Answer : A = $ 6,325.22
A = P + I where
P (principal) = $ 5,500.00
I (interest) = $ 825.22
Third Answer: A = $ 7,735.55
A = P + I where
P (principal) = $ 7,000.00
I (interest) = $ 735.5
Fourth Answer: A = $ 7,735.55
A = P + I where
P (principal) = $ 7,000.00
I (interest) = $ 735.55
Step-by-step explanation:
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