<span>1.) Previous balance = 3529.30
APR = 18.6%, thus monthly interest rate = 18.6 / 12 = 1.55%
Previous balance + interest = 3529.30(1 + 0.0155) = 3584.00
New balance after transaction = 3584.00 + 148 = 3732.00
2.) Previous balance = 5834.53
APR = 20.4%, thus monthly interest rate = 1.7%
Previous balance - payment = 5834.53 - 150 = 5680.53
Balance + interest = 5634.53(1 + 0.017) = 5781.17
New balance after transaction = 5781.17 + 325 = 6106.17
3.) Total payment = 15264
Number of payments = 72 monthly payments
Monthly payment = 15264 / 72 = 212
4.) Amount bollowed = 7400 at 7% APR
Amount plus interest = 7400(1 + 0.07) = 7918
Monthly payment = 7918 / 12 = 659.83
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Problem
Solution
If we look the graph careful we can see that the angle C is equivalent to the angle G
so then the best answer would be :
G
Not really sure what you mean by compare. The only thing I can think of is the y intercept is generally a good point to start from to count the rise/run
Answer:
a
Step-by-step explanation:
hope this helps
;)
Peer-to-peer is good for fast payment but is lacking in the transfer of funds security as there is mostly made b/w people with one unknown history or background, most people meeting for the first time, Compared to cash or check which is handled physically. This is further explained below.
<h3>Looking at the repayment time of peer-to-peer users how would you assume it compares to that every payment via cash or check?</h3>
Generally, P2P, which stands for peer-to-peer, is a method of payment that enables users to make purchases without needing to have access to their financial institution's account information. The transfer is completed quickly and, in most cases, at no cost. There is a generational divide in terms of adoption, but the vast majority of Americans today make use of mobile payment applications.
In conclusion, Peer-to-peer transactions are typically conducted between people who do not know each other's histories or backgrounds, and the majority of transactions involve people who are meeting for the first time. This makes peer-to-peer transactions less secure than cash or checks, which are physically handled. Peer-to-peer transactions are useful for making payments quickly.
Read more about Peer-to-peer
brainly.com/question/10571780
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