There are 2 parts to this question. 1. One would be to calculate the interest based on your balance and 2. then to add the late fee. Use the formula i = prt to calculate your simple interest. <em>i</em> represents the interest you will pay, <em>p</em> stands for the principal (balance on your credit card), and <em>t</em> stands for the period of time (related to a period of a year/annual percentage rate). The $1998 balance times 0.145 times 1/12 gives the interest amount of $24.14. So, $1998 + $24.14 + $37 = $2059.14 balance.
A set that is closed under an operation or collection of operations is said to satisfy a closure
property.
For example, the set of even integer is closed under addition, but the set of odd integer is not.
The value exponential is 18
Well, I am going to assume that your question is asking for the new price of the car after the original price was decreased so here I go...
SOLUTION:
New price = Original price × ( 100% - decrease % )
New price = $14, 600 × ( 100% - 6% )
New price = $ 14, 600 × 94%
New price = $13, 724
Therefore, the answer is:
$13, 724
