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scoray [572]
3 years ago
6

Help!! Lots of points

Mathematics
2 answers:
GuDViN [60]3 years ago
6 0

Answer:

The third option ||| Evaluate 5^2 and 2^2 ||| and the last option ||| Rewrite the expression as (5/2)^2 ||| are the correct choices.

So, C and E

murzikaleks [220]3 years ago
3 0

\frac{ {5}^{2} }{ {2}^{2} }  =  {( \frac{5}{2}) }^{2}
Since they are both squared.

Evaluating 5^2 and 2^2 and finding the quotient also works.

\frac{ {5}^{2} }{ {2}^{2} } =  \frac{5 \times 5}{2 \times 2}   =  \frac{25}{4}  = 6.25\\  \frac{ {5}^{2} }{ {2}^{2} }  =  {( \frac{5}{2} )}^{2}  = 2.5 \times 2.5 = 6.25
The third option, "Evaluate 5^2 and 2^2 ...," and the last option, "Rewrite the expression as (5/2)^2 ...," are the correct choices.
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Here is the complete question.

With a beginning balance of $1200 and no additional charges during the next three months, you will just pay the minimum payment each month for the next three months. The APR is 24.99% and the minimum payment each month is 3% of the balance. Determine the finance charge, new balance, and minimum payment required for each of the next three months, and the starting balance for month 4 in the table below.

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Step-by-step explanation:

Month       Beginning        Finance          New               Minimum

                  Balance          Charge            Balance        Payment

1          $ 1200             24.99           1224.99            36.75

2          1188.24             24.75          1212.99            36.39

3          1176.60             24.50           1201.10            36.03

4          1165.07             24.26           1189.33             35.68

a.

The total minimum payments for 3 months = 36.75 + 36.39 + 36.03

The total minimum payments for 3 months = $ 109.17

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Total finance charges for 3 months = 24.99 + 24.75 + 24.50

Total finance charges for 3 months = $ 74.24

c. The starting balance decrease from 1200 to 1165.07, this implies that there is a reduction of $ 34.93

d. The total of finance charges = 74.24×(100/109.17)

The total of finance charges = 68% of total payments.

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