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solmaris [256]
3 years ago
5

Laura owes $4759 on a credit card with a 20.9% interest rate compounded monthly. What is the monthly payment she should make in

order to pay off this debt in 3 years, assuming she does not charge any more purchases with the card?
Mathematics
2 answers:
Juliette [100K]3 years ago
8 0
This can be calculated using the formula:
P = L((r/n)*(1 + r/n)^(n*t))/((1 + r/n)^(n*t) - 1)
Where:
L = 4759
r = 0.209
n = 12
t = 3
So plugging in our data:P = 4759((0.209/12)*(1 + 0.209/12)^(12*3))/((1 + 0.209/12)^(12*3) - 1)
Which will give us the amount of: $179.05 is the monthly repayments.
Other info:
Total interest:$1,686.80
Total cost:$6,445.80
kotykmax [81]3 years ago
3 0
$4759:100%=$x:120.9%, 100*x=4759*120.9, x=(4759*120.9)/100, x=$5759.631  
With interest rate Laura owes $5759.31.
3yr*12mo=36mo
$5759/36mo=159.972$/mo
Laura's <span>monthly payment is $159.972 </span>
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Answer:

DU = 86

Step-by-step explanation:

Properties of a rectangle,

- Opposite sides are equal in measure.

- Diagonals of a rectangle are equal.

- Diagonals bisect each other.

In the given rectangle QUAD,

Diagonals AQ and DU bisect each other at P.

AQ = DU

2(QP) = DU [Since, AQ = 2(PQ)]

2(2x + 7) = 5x - 4

4x + 14 = 5x - 4

5x - 4x = 14 + 4

x = 18

Since, DU = 5x - 4

DU = 5(18) - 4

     = 90 - 4

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Therefore, measure of DU = 86 units

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2 years ago
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Answer:

y=8-4x

Step-by-step explanation:

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sergeinik [125]

Answer:

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Equation:

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Solving our equation:

A = 1500(1 + (0.04 × 0.75)) = 1545

A = $1,545.00

The total amount accrued, principal plus interest, from simple interest on a principal of $1,500.00 at a rate of 4% per year for 0.75 years (9 months) is $1,545.00.

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