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kobusy [5.1K]
3 years ago
9

Solve this alg 2 question

Mathematics
1 answer:
abruzzese [7]3 years ago
4 0

Answer:

D

Step-by-step explanation:

something about a formula lol i learned this yesterday i just dont know how to explain

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20. You owe $1,568.00 on a credit card with a limit of $2,200.00 at an interest rate of 11.3% APR. You pay $300.00/month until i
DIA [1.3K]

Answer:

  (a)  6 months

Step-by-step explanation:

The formula for figuring the monthly payment on an amortized loan can be used for finding the length of time it takes to pay off the loan.

That formula is ...

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

where A is the monthly payment, P is the principal value of the loan, r is the annual interest rate, and t is the number of years.

__

Using the given information, we can solve for t:

  300 = 1568(0.113/12)/(1 -(1 +0.113/12)^(-12t))

  1 -(1 +0.113/12)^(-12t) = 1568(0.113)/(12(300))

  (1 +0.113/12)^(-12t) = 1 -(1568·0.113)/(12·300) ≈ 0.950782

Taking logs, we get ...

  -12t·log(1 +0.113/12) = log(0.950782)

  t = log(0.950782)/(-12·log(1 +0.113/12)) ≈ 0.448739 . . . . years

This fraction of a year is ...

  (12 months/year)(0.448739 years) = 5.38 months

It will take you 6 months to pay off the loan.

6 0
2 years ago
What is 73,590 rounded to the nearest thousand?
Lesechka [4]
Since we are rounding to the nearest thousand, we look at the hundreds place value. Because the hundreds place value is either 5 or more, we round up, making the answer 74,000
8 0
3 years ago
WILL GIVE BRAINLIESTTT!!!!!!!!!
lina2011 [118]

Answer:

x-y=12 or x=12+y??????

Step-by-step explanation:

6x+y=30

-2x-5y=18

Add the equations up: 4x-4y=48

Divide by 4

x-4y=12

Divide by 4 again

x-y=12

+y on both sides

x=12+y

(I might be wrong)

6 0
2 years ago
Read 2 more answers
What is the equation of the asymptote in the graph of ƒ(x) = 2(0.5)x + 3
Dominik [7]
Ƒ(x) = 2(0.5)x + 3 is not a rational expression, there are no asymptotes.
8 0
3 years ago
Help plz
pochemuha

Step-by-step explanation:

(72/8) - 2 * 3 + 1

= 9 − (2) (3) + 1

= 9 − 6 + 1

= 3 + 1

= <u><em>4</em></u>

72/(8 - 2) * 3 + 1

= 72/6(3) + 1

= (12)(3) + 1

= 36 + 1

=<em> </em><em><u>37</u></em>

72/(8 - 2) * (3 + 1)

= 72/6(3 + 1)

= 12(3 + 1)

= (12)(4)

= <u><em>48</em></u>

72/8 -2 * (3+1)

= 9 - 2(3 + 1)

= 9 - (2)(4)

= 9 - 8

= <u><em>1</em></u>

<h3>All that is left for you to do is to order them. Good luck! :)</h3>
6 0
3 years ago
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