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GrogVix [38]
3 years ago
9

The balance on Taylor's credit card is $2000 it has an interest rate of 12.5% she wants to compare the difference between paying

$75 and $100 of the monthly balance how much does she save in interest and fees if she pays $100 instead of $75?
Mathematics
1 answer:
Svetllana [295]3 years ago
8 0

Answer:

so she saved 82 cents in the interest the month after

Step-by-step explanation:

case 1: payment is $75

interest on 2000 = 0.125/12×2000 = $20.83

so the actual repayment on the balance = (75-20.83) = $54.17

therefore,balance =$(2000-54.7)=$1945.83

interest in the next month = $20.27

case 2: payment is $100

interest on 2000 is still $20.83

repayment = $79.73

balance = $1920.27

interest in the next month = 20.01

so she saved 82 cents in the interest the month after

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Answer:

a'(d) = \frac{d}{5} + \frac{3}{5}

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Step-by-step explanation:

Given

a(d) = 5d - 3

Solving (a): Write as inverse function

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Swap positions of d and y

d = 5y - 3

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To do this, we prove that:

a(a'(d)) = a'(a(d)) = d

Solving for a(a'(d))

a(a'(d))  = a(\frac{d}{5} + \frac{3}{5})

Substitute \frac{d}{5} + \frac{3}{5} for d in  a(d) = 5d - 3

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a'(a(d)) = a'(5d - 3)

Substitute 5d - 3 for d in a'(d) = \frac{d}{5} + \frac{3}{5}

a'(a(d)) = \frac{5d - 3}{5} + \frac{3}{5}

Add fractions

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2 years ago
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Mumz [18]

Answer:

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Step-by-step explanation:

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Leya [2.2K]
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