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alina1380 [7]
3 years ago
14

Helppppppppppppppppppp

Mathematics
1 answer:
lisabon 2012 [21]3 years ago
4 0
C)!!!! Probably too late? ;)
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If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one
umka2103 [35]

Answer:

The total balance for the month after one month of interest accrues is $561 .

Step-by-step explanation:

Given as :

The principal credit in account = p = $550

The rate of interest = 24% annual

The time period = 1 month = \dfrac{1}{12} year

Let The Amount after one month of interest = $A

<u>Now, From Simple Interest method</u>

Simple Interest = \dfrac{\textrm principal \times \textrm rate\times \textrm time}{100}

Or, s.i = \dfrac{\textrm p \times \textrm r\times \textrm t}{100}

Or, s.i = \dfrac{550\times 24\times \frac{1}{12}}{100}

Or, s.i = \dfrac{13200}{1200}

Or, s.i = 11

∵ Amount = Principal + interest

So, A = s.i + p

Or, A = $11 + $550

∴  A = $561

So, The amount after one month on interest = A = $561

Hence, The total balance for the month after one month of interest accrues = A = $561 . Answer

4 0
4 years ago
True or false?
Kaylis [27]

Answer:

This statement would be true.

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
How do i Solve this? 5x-4=2x+6
Sloan [31]

5x-4=2x+6

5x-2x=6+4

3x=10

x=10/3

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4 years ago
A friend has performed a significance test of the null hypothesis that two means are equal. His report states that the null hypo
frez [133]

Answer:

We should only choose a one-sided alternative if we have some reason to expect a specific directional outcome before looking at the sample results

Step-by-step explanation:

Wrong procedure applied by my friend, he use one sided hypothesis instead of two sided.

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A cashier works 40 hours each week, earns $7.50 per hour, and works 50 weeks each year
Svetlanka [38]

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the cashier would have 15000 dollars at the end of the year.

Step-by-step explanation:

is that what you were asking?

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