<span>Lois used a credit card to make the purchase.
One can't purchase an item that costs more than the balance in a debit card. The debit card is equivalent to cash on hand. You can only spend what you have.
The credit card is equivalent to a loan. You don't have the money as of the moment but when you use the credit card, you owe the issuing bank the amount you've put on credit. The bank will pay the merchant and you will pay the bank. Interest is an additional expense when you pay your bill beyond the due date. The interest is applied on the amount outstanding upon the payment due date. </span>
9514 1404 393
Answer:
Step-by-step explanation:
Let x represent the amount invested at 13%. Then (3x+199) is the amount invested at 12%. The total interest earned in 1 year is ...
(13%)(x) +(12%)(3x+199) = 1561.50
0.49x +23.88 = 1561.50 . . . . simplify
0.49x = 1537.62 . . . . . . . . . . subtract 23.88
x = 3138 . . . . . . . . . . . . . . . . divide by 0.49
3x+199 = 9613
$3138 was invested at 13%; $9613 was invested at 12%.
75 x 15= 1,125
1,125/100=11.25
75-11.25= 63.75
Answer:
0.81
Step-by-step explanation:
Find the point estimate by dividing the number of respondents that thought it was a major economic concern by the total number of people in the survey:
1,620/2,000
= 0.81
So, the point estimate is 0.81
Answer:
Number of smaller ropes she can make from the larger rope = 2/3
Step-by-step explanation:
Total length of rope = 2/5 ft
Length of smaller rope = 3/5 ft
How many smaller ropes can she make from the larger rope?
Number of smaller ropes she can make from the larger rope = Total length of rope / Length of smaller rope
= 2/5 ÷ 3/5
= 2/5 × 5/3
= (2*5)/(5*3)
= 10/15
= 2/3
Number of smaller ropes she can make from the larger rope = 2/3
