I believe the answer is 0.22
Can u show us a pic of the question
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:
B
Step-by-step explanation:
Answer:
a. Kito has been billed correctly
Step-by-step explanation:
We simply need to check Kito's work to see if his price is accurate.
First, we can add the prices together to find the price before the sales tax is applied: 39.99 + 24.99 + 26.99 = $91.97
We can use this formula to figure out the total cost, C, after the sales tax, t is added:
C = l + (l * (t / 100)), where l = the price before applying the sales tax
C = 91.97 + (91.97 * (6 / 100)) = 97.4882 = $97.49
We know that the total cost lies between the 50 and 100 and that Kito chose the express shipping. Thus we add: 97.49 + 8.20 = $105.69.
If we did not round before, we would still get the same answer when rounding: 97.4882 + 8.20 = 105.6882 = $105.69
