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3 years ago

What best describes the Debt Snowball method for paying off debt

Mathematics

2 answers:

Shalnov [3]3 years ago

8 0

Answer:

The debt snowball method is a debt reduction strategy where you pay off debt in order of smallest to largest, gaining momentum as you knock out each balance. When the smallest debt is paid in full, you roll the money you were paying on that debt into the next smallest balance.

Step-by-step explanation:

charle [14.2K]3 years ago

5 0

Answer:

a debt reduction str

ategy where you pay off debt in order of smallest to largest, gaining momentum as you knock out each balance.

Step-by-step explanation:

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A taxi cab charges an initial fee of $3.50. Each 1/8 mile costs $0.23. Write an equation for the total cost, c, depending on the

Ymorist [56]

Answer:

3.50+0.125m(0.23) = C

Step-by-step explanation:

Initial fee- $3.50

Each 1/8 mile costs $0.23

total cost = C

1/8 = 0.125

3.50+0.125m(0.23) = C

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3 years ago

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GrogVix [38]

Here is the order

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3 years ago

BRAINLIEST, THANKS AND 5 STARS IF ANSWERED BOTH CORRECTLY

ratelena [41]

Answer:

Numer 1

A) (-5, -4), (-4, -3), (-3, -2), (-2, -1) Is a function

Number 2

C) (-5, -1), (-2, -1), (1, -1), (4, -1) is a function

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3 years ago

Read 2 more answers

Plz help, I'm taking an Advanced class (Algebra) Will give brainliest ✔✔✔✔✔✔✔✔✔

bija089 [108]

Part A:

The average rate of change refers to a function's slope. Thus, we are going to need to use the slope formula, which is:

$m = \dfrac{y_2 - y_1}{x_2 - x_1}$

$(x_1, y_1)$ and $(x_2, y_2)$ are points on the function

You can see that we are given the x-values for our interval, but we are not given the y-values, which means that we will need to find them ourselves. Remember that the y-values of functions refers to the outputs of the function, so to find the y-values simply use your given x-value in the function and observe the result:

$h(0) = 3(5)^0 = 3 \cdot 1 = 3$

$h(1) = 3(5)^1 = 3 \cdot 5 = 15$

$h(2) = 3(5)^2 = 3 \cdot 25 = 75$

$h(3) = 3(5)^3 = 3 \cdot 125 = 375$

Now, let's find the slopes for each of the sections of the function:

<u>Section A</u>

$m = \dfrac{15 - 3}{1 - 0} = \boxed{12}$

<u>Section B</u>

$m = \dfrac{375 - 75}{3 - 2} = \boxed{300}$

Part B:

In this case, we can find how many times greater the rate of change in Section B is by dividing the slopes together.

$\dfrac{m_B}{m_A} = \dfrac{300}{12} = 25$

It is 25 times greater. This is because $3(5)^x$ is an exponential growth function, which grows faster and faster as the x-values get higher and higher. This is unlike a linear function which grows or declines at a constant rate.

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3 years ago

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sleet_krkn [62]

2) 1 4/5

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3 years ago