1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Colt1911 [192]
3 years ago
14

Athena uses her credit card to buy some clothes for $738.14. She can pay off up to $265 per month. The card has an annual rate o

f 17.9% compounded monthly. How much total interest will she pay?
Mathematics
1 answer:
s344n2d4d5 [400]3 years ago
3 0
You can use the following online calculator to answer your question.  http://www.arachnoid.com/lutusp/finance.html  you would make the folowing entries:  Present Value = 738.14 Future Value = 0 Number of Payments is left blank because you want to solve for that. Payment Amount = -265.00 Interest Rate per period = 17.9% per year divided by 12 =  1.491666667% per month. Payment At is at End.  click on the NP button and it will tell you the number of months required for the loan to be fully paid off.  the calculator will show you that it will take 2.87 months for you to fully pay off the loan of $738.14 when you are paying it off at $265.00 at the end of each momth and the interest rate if  1.491666667% per month.  now that you know how long it takes for you to pay it off, you can determine what the interest amount is that you paid.  multiply your payment of 265 per month by 2.87 months to get a total payment of $ 760.55 your loan was for $738.14.  the difference is the amount of interest you paid.  that will be $760.55 - $738.14 =<span> <span>22.41</span></span>$\  you paid $22.41 in interest. 

You might be interested in
I NEED HELP WITH THIS PLEASEEE!!!!!
Galina-37 [17]
Answers:
The area for the square on the left is 81m^2. This is found because all sides of this square are the same, so the length and width are the same. Just multiply 9 x 9.

The area for the triangle is 31.5m^2. We find the left side is 9 meters because the triangle shares the same side as the square on the left side. We also find the bottom side is 7 because that is the length of each side of that square because all sides on a square is the same. We then multiply 9 times 7, getting 63, we divide this by 2 because it’s a triangle.

The square on the right has the area of 225 because both length and width is 15.

4 0
3 years ago
.<br><br> what is the area of the pentagon shown below?
Ronch [10]

Answer:

About 80.5 feet.

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
If (2x - 3) is a factor of mx^2 - 11x - 6, find the other factor.​
Travka [436]

Answer:

(2x - 3) ^2 - 11x - 6

Step-by-step explanation:

6 0
2 years ago
Pleaseee help geometry
Ad libitum [116K]

Answer:

v = 9

Step-by-step explanation:

50 = 6v - 4

50 + 4 = 6v

54 = 6v

6v/6 = 54/6

v = 9

7 0
2 years ago
Read 2 more answers
Find the initial value of the function x + 3y = 18
brilliants [131]
X+3y=18
x+3y-18=18-18
x+3y-18=0
x+3y-18=0 ( << that’s your answer) hope it helps
7 0
3 years ago
Other questions:
  • 4. Solve the simultaneous equations<br> x+2y=3<br> 2x+3y = 5
    15·2 answers
  • Need help with this math question.
    14·1 answer
  • Can someone please help
    10·1 answer
  • Collin bought 1/2 a pound of chocolate at Rocky Mountain Chocolate factory. Later, they went to The Sweet Shoppe and he bought 6
    11·2 answers
  • HELLPP ASAP!!!! <br> 1. Find the unknown side lengths in these right triangles.
    14·2 answers
  • Choose the equation below that represents the line passing through the point (1, −4) with a slope of one half
    9·2 answers
  • Evaluate √36<br> sorry Ф↔Ф
    5·2 answers
  • Help<br> ===============
    7·2 answers
  • I would be glad if you can look at the attached question
    12·1 answer
  • The temperature was -9 then increased by 17. what is it now?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!