First step is to get the average daily balance.
Take the sum of each day's balances.
If a payment has been made, the sign will be negative.
From Days 1 - 5 :
Day 1 = $200
Day 2 = $200
...
Day 5 = $200
That's $200 x 5 days = $1000
From Days 6 - 20 :
Day 6 = $350
Day 7 = $350
...
Days 20 = $350
That's $350 x 15 days = $5250
From Days 21 - 30 :
Day 21 = $150
Day 22 = $150
...
Day 30 = $150
That's $150 x 10 days = $1500
A total of :
$1000 + $5250 + $1500 = $7750
Now divide this total to the number of days to get the ADB or Average Daily Balance.
Next Step is to calculate for the finance charge using the formula :
where ADB is the average daily balance
r is the interest rate per day
d is the number of days or period given
From the problem, APR is 15.5%, it means that we need to divide the APR by 365 days.
So r = 0.155/365 = 0.000425
And we have d = 30 days
The charge will be :
Charge = 258.33 x 0.000425 x 30 = $3.29
The answer is $3.29
Juan did.
The line on his graph takes longer to get to 8 blocks.;-D
Answer:
Three is the rate of change in the interval of 2 and 6 in the x axis.
Step-by-step explanation:
Answer:
2x+3x2
+x3
−5
Step-by-step explanation:
Hope this helps
Answer:
2L + 2W = 88
L = W + 12
L = 28 feet & W = 16 feet
Step-by-step explanation:
2L + 2W = 88
[] The perimeter of a rectangle is length + length + width + width, shortned as 2(legnth) + 2(width) and since the perimeter of the garden is 88, this option works.
L = W + 12
[] The length is 12 feet longer than the width, so the width + 12 will equal the length
Solving:
{ 2L + 2W = 88
{ L = W + 12
[Plug-in] 2(W + 12) + 2W = 88
[Distribute] 2W + 24 + 2W = 88
[Combine like terms] 4W + 24 = 88
[Subtract 24 from both sides] 4W = 64
[Divide both sides by 4] W = 16
L = W + 12 -> L = (16) + 12 -> L = 28
Have a nice day!<em> - Side note, is your screen okay? lol</em>
I hope this is what you are looking for, but if not - comment! I will edit and update my answer accordingly. (ノ^∇^)
- Heather
