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Answer:
The answer is that she would pay $65.56 in finance charges at the end of the month.
Step-by-step explanation:
Given: APR = 19.99%
Carry Over Balance: $398.97
The APR or Annual Percentage Rate, is calculated daily. You will need to get the daily periodic rate, or DPR, so divide the APR by 365:
19.99% = .1999
.1999 / 365 = .005477 (This is the Approximate DPR, rounded up to .005477)
To get the finance charge, multiply the average daily balance by the DPR and then by 30 days:
398.97 * .005477 * 30 = $65.56 finance charge for this carry over balance, at the end of the month. This assumes that the balance is the average daily balance.
Hope this helps!! Have a great day!
Answer:
B
Step-by-step explanation:
7+r=15
-7 -7
r = 8
B.8
<span>-4x + y = -25 y = 4x - 25
-6x - 6y = 0 </span>
-6x - 6(4x - 25) = 0
-6x - 24x + 150 = 0
-30x + 150 = 0
-30x = -150
x = 5
y = 4(5) - 25
y = 20 - 25
y = -5
(5, -5)