Answer:
The answer is that she would pay $65.56 in finance charges at the end of the month.
Step-by-step explanation:
Given: APR = 19.99%
Carry Over Balance: $398.97
The APR or Annual Percentage Rate, is calculated daily. You will need to get the daily periodic rate, or DPR, so divide the APR by 365:
19.99% = .1999
.1999 / 365 = .005477 (This is the Approximate DPR, rounded up to .005477)
To get the finance charge, multiply the average daily balance by the DPR and then by 30 days:
398.97 * .005477 * 30 = $65.56 finance charge for this carry over balance, at the end of the month. This assumes that the balance is the average daily balance.
Hope this helps!! Have a great day!
Answer:
To solve the system of equations by substitution:
<u>2x+y=-2</u>
<u>3x-y=7</u>
first solve for y:
2x+y=-2
y=-2x-2
Then plug ^^ equation for y in the other equation
3x-(-2x-2)=7
5x+2=7
5x=5
x=1
Then solve for y:
2(1)+y=-2
y=-4
Final answer is x = 1 and y = -4
Hope it helps!
"Sum" tells us it's an addition problem:
One term is 12 and the other is 9/x
SO
The expression is:
12+9/x