Answer:
$86.81
Step-by-step explanation:
Using the given formula, we want to compute A for ...
P = 4750
r = 0.2279
n = 365 . . . . . assuming "exact" interest
t = 1 or 30
For 1 day late:
A = 4750(1 +0.2279/365)^(365·(1/365)) = 4752.97
For 30 days late:
A = 4750(1 +0.2279/365)^(365·(30/365)) = 4839.78
The difference in these payment amounts is ...
$4839.78 -4752.97 = $86.81
You would save $86.81 in interest charges by paying only 1 day late.
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<em>Comment on the question</em>
It would be a poor choice of credit card to use one that compounds interest daily. Most do so on a monthly basis.
Answer:
There are only 6 numbers that fit that description. (4,12,24,32,44,52)
Answer:
(3, -1), 7
Step-by-step explanation:
To find the center of this circle: compare the given equation
(x - 3)^2 + (y + 1)^2 = 7^2 to the standard equation of a circle with center at (h, k):
(x - h)^2 + (y -k)^2 = r^2
From this comparison we see that the center is at
h = 3 and k = -1, and also that r must be 7: (3, -1), 7
A circular plot is watered by a sprinkler that rotates through it. The sprinkler only rotates through a semi-circle, or half of the whole circle.
Area of a circle: A = pi x r^2
r = 160 / 2 = 80
A = pi x 80^2
A = 6400pi / 2 = 3200pi
3200pi = 10053.0965
The area water is approximately 10,053 ft^2.
Hope this helps!! :)