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cestrela7 [59]
3 years ago
5

Jalen has a balance of $1870 on a credit card with an APR of 19.7%, compounded daily. About how much will he save in interest ov

er the course of a year if he transfers his balance to a credit card with an APR of 16.5%, compounded monthly. (Assume that Jalen makes no payments or new purchases during the year, and ignore any possible late payment fees.)
Mathematics
1 answer:
Andrei [34K]3 years ago
8 0
The formula is
A=p (1+r/k)^kt
A future value
P present value
R interest rate
K compounding periods
T time

When the compounding periods are daily balance after one year is
A=1,870×(1+0.197÷365)^(365×1)
A=2,277.06

When the compounding periods are monthly balance after one year is
A=1,870×(1+0.165÷12)^(12×1)
A=2,202.99

So will save
2,277.06−2,202.99
=74.07....answer

Hope it helps!
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Write the slope-intercept form of the equation that passes through the point (4,-6) and is parallel to the line y = -3/4x - 5
Karolina [17]

The equation that runs through the location (4,-6) has the slope-intercept form,  y=-\frac{3}{4}x-3 .

<h2>Formation of the equation</h2>

A line's equation written in the slope-intercept form:

y=mx+b

where m= slope & b= y-intercept

The slope of two parallel lines is equal.

Currently, we know the line's equation:

y=-\frac{3}{4} x-5

here, slope, m= -\frac{3}{4}

A line equation is created by adding the slope's value and the point's coordinates (4, -6):

-6=-\frac{3}{4}(4)+b

⇒ -6=-3 +b [adding 3 to both sides]

⇒-3=b

⇒b= -3

Hence the solution is  y=-\frac{3}{4}x-3 .

Learn more about slope-intercept form here:

brainly.com/question/9682526

#SPJ4

5 0
2 years ago
during a basketball practice mai attempted 40 free throws and was successful on 25% of them how many successful free throws did
arlik [135]

Answer:

10=25

Step-by-step explanation:

40=100

4=10

2=5

7 0
3 years ago
Need help pls pls pls pls pls pls
Crazy boy [7]

Answer:

d.

Step-by-step explanation:

hi I think its d, sorry if I'm wrong

6 0
3 years ago
A rectangle has a width of 59 centimeters and a perimeter of 238 centimeters. What is the rectangle's length?
Mademuasel [1]

Answer:

60 cm

Step-by-step explanation:

2x the width and 2x the length gives you the perimeter. This can be represented by the equation:

2w + 2L = P

Use the information given in the word problem to fill in the variables.

2(59) + 2L = 238

118 + 2L = 238

move 118 to the other side of the equation.

2L = 238 - 118

2L = 120

move 2 to the other side of the equation.

L = \frac{120}{2}

L = 60

5 0
3 years ago
Find the missing height of the cone. Volume= 118π ft3 Diameter= 2/3
grin007 [14]

Answer:

11 ft

Step-by-step explanation:

The equation for the volume of a cone is:

V = 1/3(3.14)r^2h

V = 414.48

r = 6

Plug in those values and solve for h:

414.48 = 1/3(3.14)(6)^2h

414.48 = 37.68h ; divide both sides by 37.68

11 = h

The missing height is 11ft.

6 0
3 years ago
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