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sergejj [24]
4 years ago
11

Suppose James has a credit card with a balance of 4289 . Each month the credit card company charges 5% interest. If James pays o

ff any new purchases that he makes each month without paying off the old balance or its interest , what will be the balance on his credit card one year from now?
Mathematics
1 answer:
topjm [15]4 years ago
5 0

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

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What 5 numbers that round down to 600
8090 [49]
*It depends what place value needs to be rounded down, but without any specific place values, here are my answers*

<em>600.1</em>

<em>601</em>

<em>600.44</em>

<em>602.1</em>

<em>644.4</em>
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

-Hope this helps :)


6 0
4 years ago
How many soultions does 5(x-3)+6=5x-9
olya-2409 [2.1K]

5(x - 3) + 6 = 5x - 9 has no solution

<em><u>Solution:</u></em>

We have to find the number of solutions for the given equation

Given equation is:

5(x - 3) + 6 = 5x - 9

Multiply the terms inside with bracket with constant outside the bracket

5x - 15 + 6 = 5x - 9

Add the constants in left hand side of equation

5x - 9 = 5x - 9

If the coefficients are the same on both sides, then the sides will not equal, therefore no solutions will occur.

Here, 5x - 9 = 5x - 9

The coefficients are same in both sides of equation

Therefore, the equation has no solution

5 0
3 years ago
Which expression is equivalent to 81 1/3 ?
RoseWind [281]

Answer:

It's 3^3 (square root)3 aka A


6 0
3 years ago
Read 2 more answers
Damarcus says the number 24/6 belongs only to the set of rational numbers. Explain the error
Lelu [443]
24/6 is 4 which is also a whole number and an integer
4 0
4 years ago
Diego needs to put down sod on a yard that measures 30 feet by 45 feet. Company A says it can do the job for $3.90 per roll of s
N76 [4]

Answer:

Company B is the better deal. Diego will save $31.5.

Step-by-step explanation:

First, find the area of the rectangle: 45*30=1350 sq.ft.

Next, find out how much it will cost for Company A: $3.9 for 2 x 5 ft (10 sq.ft)

Divide 1350 by 10 to see how many of their sod rolls will fit into his yard=135.

Multiply $3.9 by 135=526.5$

Do the same with Company B: $150 for 450 sq.ft plus $45 delivery.

Dived 1350 by 450 to see how many rolls= 3

Multiply $150 by 3= $450, then add $45= $495

Subtract Company B's $495 from Company A's $526.5= $31.5 <-how much Diego saved.

7 0
3 years ago
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