1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vilka [71]
3 years ago
7

Andy has a remaining unpaid balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will

Andy pay in interest for one month?
$12.68
$152.10
$15
$1.25
Business
2 answers:
Phoenix [80]3 years ago
6 0
Interest paid
Unpaid balance×APR×(1/12months)

Interest paid=
845×0.18×(1÷12)
=12.68

So the answer is a

Hope it helps!
FrozenT [24]3 years ago
4 0

Answer:

$12.68

Explanation:

Interest is calculated using the formula below. As the consideration for this question is a single month, compounding interest does not need to be considered:

I = P(1+rt)-P

where I is interest, P is the principal amount, r is the interest rate and t is the time of investment

APR is converted to monthly interest rate by dividing by 12 (for the number of months).

P = $ 845

r = 18% annually = 1.5% monthly

t = 1 month

I = P(1+rt)-P

I = 845*(1+0.015*1)-845

I = 845*(1.015)-845

I = 857.675-845

I = 12.68

You might be interested in
_____________ is the act of obtaining a desired object from someone by offering something in return.
Vaselesa [24]

Exchange

<span>Exchange is simply the act of the of giving and receiving between two individuals or two groups. A trade is a typical example of an exchange. For instance, if a farmer gives a fixed number of eggs to another farmer for a fixed quantity of cow’s milk, this is an exchange.  Similarly, if a house guest offers to cook and clean in return for free accommodation, this is an exchange. </span>

8 0
3 years ago
Itil considers the _____ responsible for handling service requests and communications with customers.
SashulF [63]

ITIL considers the service desk responsible for handling service requests and communications with customers.

Communication (from Latin: communicate, meaning "to share" or "to associate is defined as "the self and the other, the private and the public, the inner thoughts and [4] this As the definition suggests, communication is difficult to define in a uniform way because in general terms

communication refers to a very wide range of different actions involved in the dissemination of information. [7] John Peters argues that the difficulty in defining communication is that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research. claim to be based on facts.

Learn more about communications here: brainly.com/question/25645043

#SPJ4

5 0
1 year ago
The Carnegie Foundation issued a report recommending that middle schools Multiple Choice become smaller, become more personal, a
worty [1.4K]

Answer:

D. Smaller "communities" or "houses" should be developed to lessen the impersonal nature of large middle schools.

Explanation:

  • The carnage foundation is a US-based education policy and research center that is committed to teaching and developing a network of ideas, individuals, and advanced teaching institutions.
4 0
3 years ago
Xavi develops a cell phone battery that can be charged by a solar panel and can run efficiently for up to three hours. His frien
Bad White [126]

Answer: (A) Vision          

Explanation:

  According to the given scenario, the Xavi is basically demonstrating about the vision about their new startup EnerMob Inc., company in which he planning to promote the concept of cell phone batteries which is typically charged by the solar panel.

Xavi is basically developed the proper vision of his company so that it helps in achieving his main objective for selling the new cell phone batteries products in the market and by using the promoting strategy we influence the customers.

The vision is the term which is used to define the main objective and goal of an organization so that by proper planning we can easily achieve the desirable goals.  

 Therefore, Option (A) is correct answer.  

 

5 0
3 years ago
What is the equivalent expression of 21p + 35q
Mashcka [7]
21p + 35q =\boxed{\bf{7(3p+5q)}}
4 0
3 years ago
Other questions:
  • Paleoanthropologists would have a greater interest in ____
    14·2 answers
  • Question 1 A firm sold goods for $50,000. $10,000 was paid in cash, and the remaining $40,000 was assigned to a customer’s credi
    13·1 answer
  • What are the powers and responsibilities of the top management of a corporation?. A) They manage the day-to-day operations of th
    7·1 answer
  • The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply fo
    6·1 answer
  • Marta's boss tells off-color jokes and tolerates sexually based teasing by male employees of women employees. when she complains
    13·1 answer
  • The model of monopolistic competition characterizes the market for plumbing services in a city. suppose that the market is in lo
    13·1 answer
  • The ______is a financial statement detailing a firm's assets, liabilities, and owners' equity.
    9·1 answer
  • Capital structure decisions include determining: Multiple Choice which one of two projects to accept. how to allocate investment
    14·1 answer
  • How much notice does the Worker Adjustment and Retraining Notification
    8·1 answer
  • Evaluates the difference between leadership and board governance in establishing strategic planning for a health care organizati
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!