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3 years ago

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what is the total cost to repay a $20000 balance on a credit card loan with an APR of 18% and a minimum monthly payment of $310?

1 answer:

Zina [86]3 years ago

8 0

APR is 18%. We need to take the monthly interest which is equal to
= 18% / 12
= 1.5% (monthly interest)

Monthly, you have to pay
= (310 * 0.015) + 310
= $314.65

You need to repay the balance of $20,000.
Then multiplied it with APR of 18%
= (20, 000 * 0.18) + 20,000
= $23600.00

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Naya [18.7K]

Answer:

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Step-by-step explanation:

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3 years ago

8y-2d=0 5y+4d=26 1/4

Anit [1.1K]

Answer:

y = 1

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Step-by-step explanation:

8y - 2d = 0 ---------------(I)

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(I)*2 16y - 4d = 0

(II) <u>5y + 4d = 105/4</u> {add (I) &(II)}

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$y = \frac{105}{5*21}\\\\y=\frac{105}{105}\\\\y = 1$

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2 years ago

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alexira [117]

Answer:

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Step-by-step explanation:

In general, remember that the converse of $a => b$ is $\neg b => \neg a$ , therefore in this case $a = r \ \ , b = \neg q \ \lor p$

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3 years ago

If f(x)= (3x+7)^2, then f(1) = ?

Crank

To find f(1), substitute 1 for x.

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rusak2 [61]

12.72 is the answer

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3 years ago