Answer:
Step-by-step explanation:both are 1/6 of a chance
Answer: P * ( 1 + 7%)
Step-by-step explanation:
You included no options but the expression should go something like this:
Pn = P * ( 1 + 7%)
Where Pn is the new price
P is the current price
<em>The above formula will show the new price given the current price. </em>
Answer:
$31.80
Step-by-step explanation:
<u><em>The complete question is</em></u>
Use the details of Oakley's new credit card to answer the question that follows. APR 11.9% compounded monthly Grace Period 28 days Minimum Payment 4% of the remaining balance or $25, whichever is higher Oakley charged $795 to his credit card last month. What is the first minimum payment he must make?
step 1
Find out the 4% of the balance of $795

so

This amount is higher than $25,
therefore
The first minimum payment he must make is $31.80
Multiply the first equation by 3, and multiply the second equation by 4.
Step-by-step explanation:
Below is an attachment containing the solution.