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NARA [144]
3 years ago
3

3. You owe $1,350.00 on a credit card with a 14.25% APR. You pay $300.00 at the beginning of the month. How much interest do you

save by paying at the beginning of the month versus at the end of the month?
$
4. Imagine you put the $300 in a savings account earning 3.0% APR instead of using it to pay down your credit card as in Problem 3. What is the difference between the interest your savings account would earn that month vs. the interest that would accrue on your credit card that month if you didn't use the $300 to pay it down?
$

Mathematics
2 answers:
Anastasy [175]3 years ago
0 0
1) Find the monthly rate 14.25% / 12 = 1.1875%
If you pay at the beginning of the month
1350 -300= $1050
If you pay at the the end of the month
1350+ (1350*1.1875%)-300= $1,066.03
So I saved
1066.03-1050=$16.03 saved

2)$300 in a savings account earning 3% APR would earn 300*(3%/12) = $0.75 in one month.
$300 on a credit card at an APR of 14.25% would cost you 300*(14.25%/12) = $3.56 in one month. If you spend $3.56 on the credit card to earn $0.75 in the savings account by choosing to bank the $300, you lost $2.81.

Hope it helps:-)
Amanda [17]3 years ago
0 0

Answer:

Step-by-step explanation:

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When testing for current in a cable with eleven color-coded wires, the author used
ddd [48]
Answer:

The number of test required is: 55

Explanation:

Using combination formula:

n!/x!(n-x)!

= 11!/2!(9)!

= 55
6 0
3 years ago
How much fibre does the NHS recommend adults take in as a daily dose?
iVinArrow [24]

Answer:

The answer is D: 30 g.

Step-by-step explanation: I googled the answer to this question and it said that NHS reccomends that adults take around 30 g of fibre as a daily dose. If you take less, you may not get enough, but if you take more, you would possibly overdose. So, the answer is D: 30g.

8 0
3 years ago
Find the radius of the sphere with a volume of 32/81π cubic yards. Write your answer as a fraction in simplest form. PLEASE HELP
NeTakaya
Area of a sphere = 4(pi)(r)^2
Reverse the equation to find the radius (r)
The answer will be in pi form

32/81(pi)

8/20.25(pi)

Square root of 8/20.25(pi) = radius

r =  2.8(rounded)/4.5(pi)

:)

8 0
3 years ago
You may remember that the perimeter of a rectangle is P=2(W+L) where W is the width and L is the length. Suppose that the perime
Anna71 [15]

Answer:

5 feet

Step-by-step explanation:

P = 2(w + l)

P = 34

l = w + 7

34 = 2 (w + w + 7)

34 = 2w + 2w + 14

34 - 14 = 4w

20 = 4w

w = 5 feet

Since l = w + 7

l = 5 + 7

l = 12 feet

5 0
2 years ago
Pleaseeee help me. I'm stuck on a math question.
lozanna [386]

The slope of the function for pronghorn antelope is 60.78 which infers that the rate of speed of the pronghorn is 60.78 miles per hour.

7) The given function that represents the speed of the pronghorn is

y = 60.78x - 5.4

Comparing this function with the general equation of a straight line

y = mx + c we can conclude that the slope of the function is 60.78 .

So the Pronghorn's rate of speed is 60.78 miles per hour.

8) Now the speed of the cheetah is given in the form of a table.

Let us take any two points on the graph

(0.5,21.85) and (2,118.60)

Slope of the line passing through these two points

= (118.6-21.85)/(2-0.5)

=64.5

So the slope of the graph is 64.5 and the average rate of speed of the Cheetah is 64.5 miles per hour.

9) From the above two slopes and the rate of speed we can conclude that the speed of the cheetah is 64.5 mph which is greater than that of the pronghorn 's speed of 60.78 miles per hour.

To learn more about slope visit:

brainly.com/question/13281781

#SPJ1

6 0
1 year ago
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