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Sedaia [141]
3 years ago
5

Jesse owes $8,473 on a credit card with a 21.5% interest rate. What is the monthly payment he should make to pay off this debt i

n 12 months, assuming he does not charge any more purchases with the card?
1)

$706.08


2)

$164.57


3)

$790.99


4)

$2,016.54

Mathematics
1 answer:
kakasveta [241]3 years ago
3 0
You can use an online credit card calculator in computing the monthly payment. Refer to the attachment for the answer and graph. The given are the following: balance - 8,473; interest rate - 21.5%; months - 12. The answer is the third option - you'll need to pay <span>$790.99 every month for 12 months.</span>

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Hmmmmm... I don’t really know I’m so sorry I couldn’t help :(( good luck though!
7 0
3 years ago
Olivia ordered cupcakes and a layer cake. Together she paid $52. She paid $12 more on the layer cake than on the cupcakes. What
Oksi-84 [34.3K]

Hey there!!

The total cost is $52.

She paid $12 more for the layer cake than the cupcake.

Let's take the price of the cupcake as $x. Then, the price of the layer cake would be $12 + x

The sum of these would result in $52.

... x + x + 12 = 52

... 2x + 12 = 52

... 2x = 52 - 12

... 2x = 40

... x = 20

Hence, the price of the cupcake is $20 and the price of the layer cake is $32.

Hope my answer helps!!


5 0
3 years ago
George has $15. He tries to buy a movie ticket ($9.00), a pretzel ($2.65), a drink ($1.35), and two veggie cups ($1.74 each) but
Zinaida [17]

Answer: he needs to buy one less veggie cup

Step-by-step explanation:

7 0
2 years ago
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Khloe invested $11,000 in an account paying an interest rate of 4.8% compounded continuously. Assuming no deposits or withdrawal
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Answer:

24,880

Step-by-step explanation:

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