3 years ago

Esteban's credit card issuing bank charges him an APR of 16% on new purchases, and 24% on

Mathematics

1 answer:

Julli [10]3 years ago

5 0

Answer: $14

Step-by-step explanation:

Hi, to answer this question we have to multiply the amount of the cash advance (700) by the APR for cash advances in decimal form (divided by 100):

700 x (24/100) = $168 (a year)

To obtain the monthly charges, we have to divide the result by the number of months in a year (12):

168 /12 = $14

Feel free to ask for more if needed or if you did not understand something.

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Step-by-step explanation:

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check: 3 x 7 + 10 = 31°

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3 years ago

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$1,000, 7% , 2years

Simora [160]

Answer:

$1,140, or $1,144.9

Step-by-step explanation:

70 is 7% of 1,000

70 x 2 = 140

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