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4 years ago

If a credit card holder has a low APR. The minimum monthly payments will be?

Mathematics

1 answer:

Aleks04 [339]4 years ago

4 0

Answer:

Option B, the minimum monthly payments will be LOWER

Step-by-step explanation:

We can proof this by using hypothetical scenario below:

John has $1,500 with APR of 10% payable in 48 month equal instalment

Timmy has $1,500 with APR of 8% payable in 48 month equal instalment

Let us calculate monthly payment in each case

=pmt(rate,nper,-pv,fv)

rate is the monthly rate which APR/12

nper is 48

pv is the balance on the card which is $1,500

fv is the total monthly repayment which is unknown

John monthly payment=pmt(10%/12,48,-1500,0)=$38.04

Timmy monthly payment=pmt(8%/12,48,-1500,0)=$ 36.62

Since Timmy with a lower APR has a lower monthly payment, option B is correct

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Is 5/4 a solution to the problem: 3(+9)=4−7+7.

Alik [6]

Answer:

No the soultion is not equal to 1 1/4

The solution to the given question is either 6 3/4 or 4 /27

Step-by-step explanation:

Let

3(+9)=(4−7+7)x

27 = 4x

x= 27/4

x= 6 3/4 is the answer

Let

3(+9) x=(4−7+7)

27x = 4

x= 4/27

The plus sign inside the bracket indicates that 3 is multiplied with positive nine and -7 and +7 are cancelled and 4 is left behind.

If x is on the left side the answer will be 6 3/4 and if it is on the right side the answer is 4/27 .

In both cases the answer is not equal to 5/4 .

5/4 means 1 1/4 which is not equal to either 6 3/4 or 4/27

5 0

3 years ago

2x+8.4=2.634+5.42x round to the nearest thousandth

Natasha2012 [34]

x= 1.68596491

So just round that number and you have your answer.

3 0

3 years ago

Complete the sentence.

ss7ja [257]

Answer:

size of the dog

Step-by-step explanation:

Hope this helps

8 0

3 years ago

Read 2 more answers

Can someone please answer. There is one problem. There's a picture. Thank you!

yawa3891 [41]

Degrees: $s = \frac{\pi}{180}\theta r$
 $s = \frac{\pi}{180}(\frac{s}{r})(r)$
 $s = \frac{\pi}{180}(\frac{165}{4})(4)$
 $s = \frac{\pi}{180}(41.25)(4)$
 $s = \frac{\pi}{180}(165)$
 $s = \frac{165\pi}{180}$
 $s = \frac{11\pi}{12}$
 $s = \frac{11\pi}{12} * \frac{180}{\pi}$
 $s = 11 * 15$
 $s = 165\°$

Radians: $s = \theta r$
$s = \frac{s}{r}(r)$
$s = \frac{165}{4}(4)$
$s =41.25(4)$
$s =165$
$s =165 * \frac{\pi}{180}$
$s =11 * \frac{\pi}{12}$
$s = \frac{11\pi}{12}$

$Arc\ Length = \frac{central\ angle}{360} * circumference$
$Arc\ Length = \frac{\theta}{360} * 2\pi r$
$Arc\ Length = \frac{165}{360} * 2(3.14)(4)$
$Arc\ Length = \frac{11}{24} * 2(12.56)$
$Arc\ Length = \frac{11}{24} * 25.12$
$Arc\ Length = \frac{276.32}{24}$
$Arc\ Length \approx 11.51\bar{3}$

The answer is A.

8 0

3 years ago

Read 2 more answers

Which numbers have an absolute value of 4?(you can pick more than one) 4 -4 2 8

oksian1 [2.3K]

Answer:

4 and -4

Step-by-step explanation:

absolute value is always going to be positive and the overall value will only change if it is negative. so the "|4|" (absolute value of 4) is the same as "|-4|" (absolute value of negative 4)

3 0

3 years ago

Read 2 more answers