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iogann1982 [59]
4 years ago
15

Assume the monthly interest rate is 1/12 of the annual interest rate . you maintain an average balance of $450 on your credit ca

rd . which carries a 24% annual interest rate .
Question= 1).What is the monthly interest payment .
Mathematics
1 answer:
masya89 [10]4 years ago
3 0

Answer:

The monthly interest payment would be $ 9

Step-by-step explanation:

Given,

The average balance of the credit card = $ 450,

Annual rate of interest = 24%,

∵ Monthly interest rate is 1/12 of the annual interest rate,

Thus, the monthly interest rate = \frac{1}{12}\text{ of }24\%

=2\%

Hence, the monthly interest payment = 2% of credit card balance

= 2% of 450

=\frac{2\times 450}{100}

=\frac{90}{10}

= $ 9

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andriy [413]

1--> one hundred nineteen million, three

2--> 100,000,000 + 10,000,000 + 9,000,000 + 3

4 0
3 years ago
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The graph of f(x) = 3.2x-3 is shown below. g(x) is a transformation of f(x).
WINSTONCH [101]

Answer:

  C.  g(x) = 3·2^x +2

Step-by-step explanation:

The graph of g(x) appears to be a translation upward of the graph of f(x).

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To find the equation of g(x), we can add 5 to f(x), since the translation appears to be 5 units. (The y-intercept of f(x) is 0; the y-intercept of g(x) is 5.)

  g(x) = f(x) +5

  g(x) = (3·2^x -3) +5

  g(x) = 3·2^x +2

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You can also determine the correct choice by looking at the value at x=0:

  A. g(0) = 3 +6 = 9

  B. g(0) = 1 +3 = 4

 C. g(0) = 3 +2 = 5 . . . . matches g(0) on the given graph

  D. g(0) = 3

6 0
2 years ago
Car travels and average speed of 48 miles per hour how long does it take to travel 180 miles?
Neporo4naja [7]

speed =48mph

distance = 180 miles

we know that

time = distance / speed

time=\frac{180}{48} hours

time=3.75 hours..........Answer

5 0
3 years ago
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I need help on 12 and 16
krok68 [10]
12. A trapezoid is a quadrilateral. It has 4 sides


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7 0
3 years ago
Your teacher recently found an old Nintendo in a thrift store. Use the formula to predict the value of the Nintendo in 2020. (Re
9966 [12]

The value of the Nintendo after 35 years is $2455

Since the formula f(x) = 3x² - 40x + 180 predicts the value of the Nintendo x years after 1986.

Since we require the value in 2021, x years after 1986 is 2021 - 1986 = 35 years.

Substituting x = 35 into the equation, we have

f(x) = 3x² - 40x + 180

f(x) = 3(35)² - 40(35) + 180

f(x) = 3(1225) - 40(35) + 180

f(x) = 3675 - 1400 + 180

f(x) = 2275 + 180

f(x) = 2455

So, the value of the Nintendo after 35 years is $2455

Do you think this is a realistic prediction of the value of that Nintendo?

This is not a realistic prediction for the value of the Nintendo, because, it is too high.

Learn more about quadratic equations here:

brainly.com/question/13704125

4 0
3 years ago
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