Answer:
The new balance will be $385.04.
Step-by-step explanation:
Previous balance = $179.32
Payments/credits = $85.00
Unpaid balance =
= $264.32
Monthly rate = 1.25%
Finance charge =
= $3.30
New purchases = $117.42
New balance =
= $385.04
Answer:
731 is an integer. An Integer is a whole number!
Step-by-step explanation:
The annual interest rate is 3.5%.
Solution:
Given Interest (I) = $26.25
Principal (P) = $500
Time (t) = 18 months
Rate of interest (r) = ?
Time must be in years to find the rate per annum.
1 year = 12 months
Divide the time by 12.
Time (t) =
years
Now, find the rate of interest using simple interest formula.
<u>Simple interest formula:</u>






⇒ r = 3.5%
Hence the annual interest rate is 3.5%.
Answer:
t α 1 /r ; t = k/r
Step-by-step explanation:
Given that :
Time taken, t varies inverse as rate, r
MATHEMATICALLY,
t α 1 /r
Hence,
t = k/r ;
Where, k is the proportionality constant
Hence, the situation could be expressed as :
t = k/r OR
t α 1 /r
Answer:

Step-by-step explanation:
We need to integrate the given expression. Let I be the answer .
- Let u = 3x , then du = 3dx . Henceforth 1/3 du = dx .
- Now , Rewrite using du and u .
