Answer:
Cynthia will have to pay $152.16 extra in finance charges.
Step-by-step explanation:
Cynthia had a credit card with a 17% APR and a $3,265 balance.
Cynthia’s credit card company has increased her interest rate to 21%.
Here we have two scenarios, 1st when p = 3265 r = 17% and n = 24
Second when p = p = 3265 r = 21% and n = 24
Scenario 1:
EMI formula is :
Putting the values in formula we get;
= 
EMI = $161.43
Scenario 2:
r = 
Putting the values in formula we get;
= 
EMI = $167.77
Now, difference in EMI's = 
dollars
And for 24 months this amount becomes = 
dollars
Therefore, Cynthia will have to pay $152.16 extra in finance charges.
Answer:
21 3/4
Step-by-step explanation:
Answer:
(0.237)
Step-by-step explanation:
The equation of a circle is (x-h)^2 + (y-k)^2 = r^2. Where "x" and "y" are variables, "h" and "k" are the coordinates of the center of the circle, and "r" is the length of the radius. It is given that the center of the circle is (-27, 120). So, h= -27 and k= 120. If the circle passes through the origin, we can assume that the origin is on the circle. Since a circle's radius is constant no matter where it is drawn/is, we can find the radius of the circle by finding the distance between the circle's center (-27, 120) and the origin, (0, 0). The distance formula is: d= √((x[2]-x[1])^2-(y[2]-y[1])^2). If the coordinates of the center of the circle are (x[2}, y[2]), then x[2]= -27 and y[2]= 120. Then, the origin is the (x[1], y[1]). So, x[1] = 0 and y[1] = 0. Plugging the numbers in we get: √((-27-0)^2-(120-0)^2). This gives us √(729+14400) = 123. So since the distance between the center of the circle and a point on the circle is 123 (units), then the radius has a value of 123.
Plugging all the numbers into the equation of a circle, we get: (x-(-27))^2+(y-120)^2=123^2.
