Answer:
$86.81
Step-by-step explanation:
Using the given formula, we want to compute A for ...
P = 4750
r = 0.2279
n = 365 . . . . . assuming "exact" interest
t = 1 or 30
For 1 day late:
A = 4750(1 +0.2279/365)^(365·(1/365)) = 4752.97
For 30 days late:
A = 4750(1 +0.2279/365)^(365·(30/365)) = 4839.78
The difference in these payment amounts is ...
$4839.78 -4752.97 = $86.81
You would save $86.81 in interest charges by paying only 1 day late.
_____
<em>Comment on the question</em>
It would be a poor choice of credit card to use one that compounds interest daily. Most do so on a monthly basis.
Answer:
x² + y² = 4²
Step-by-step explanation:
The standard equation of a circle centered at the origin and with radius r is
x² + y² = r²
Note that the point (4, 0) is 4 units horizontally and to the right of the center (0, 0). Thus, we know immediately that the radius is 4.
Thus the equation of this circle is x² + y² = 4²
Answer:
<h2>(-10, 2, 6)</h2>
Step-by-step explanation:
Answer:
Expanded form : 300,000 +80,000 +2000 +700 +6.
Step-by-step explanation:
Given : 382,706.
To find : Write this number in expanded form.
Solution : We have given 382,706.
We can see 3 is at hundred thousand place = 300,000
8 is at ten thousand place = 80,000.
2 is at thousand place = 2000.
7 is at hundred place = 700.
6 is at ones place = 6
Then
Expanded form : 300,000 +80,000 +2000 +700 +6.
Therefore, Expanded form : 300,000 +80,000 +2000 +700 +6.
