The amount that Marcia will have saved in interest by consolidating the two balances is: b.$133.92.
<h3>Amount saved in interest</h3>
First step
Calculating for credit card A monthly payment (12% APR) using financial calculator
=pmt(rate,nper,-pv,fv)
Where:
Rate=12%/12=1%
Nper =12 months×4 years=48
PV = $1,389.47
FV=0
Hence:
=pmt(1%,48,-1389.47,0)
=$ 36.59
Second step
Monthly payments 16% APR=$39.38×48
Monthly payments 16% APR =$1890.24
Monthly payments 12% APR=$36.59×48
Monthly payment 12% APR=$1756.32
Third step
Amount saved in interest=$1890.24 -$1756.32
Amount saved in interest=$133.92
Therefore the correct option is B.
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6:22, 9:33, are both equivalent to 3:11.
Find the Greatest Common Factor (GCF)
<u>GCF = 6y^6</u>
Factor out the GCF. (Write the GCF first. Then, in parenthesis divide each term by the GCF.)
6y^6(24y^8/6y^6 + 6y^6/6y^6)
Simplify each term in parenthesis
<u>6y^6(4y^2 + 1)</u>
<h3>
Answer: Parallelogram</h3>
You could use the parallelogram rule to add the vectors, or you could use the tip-to-tail method (your textbook might call it the "head to tail method" but it's the same idea).
An example of the parallelogram method is shown below with adding the vector u = (-4,4) in red to the vector v = (8,2) in blue to get the vector w = (4,6) in green. The green resultant vector is one of the diagonals of the parallelogram
Side note: The other diagonal is either u-v or v-u depending on your reference point.
