Answer:
$86.81
Step-by-step explanation:
Using the given formula, we want to compute A for ...
P = 4750
r = 0.2279
n = 365 . . . . . assuming "exact" interest
t = 1 or 30
For 1 day late:
A = 4750(1 +0.2279/365)^(365·(1/365)) = 4752.97
For 30 days late:
A = 4750(1 +0.2279/365)^(365·(30/365)) = 4839.78
The difference in these payment amounts is ...
$4839.78 -4752.97 = $86.81
You would save $86.81 in interest charges by paying only 1 day late.
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<em>Comment on the question</em>
It would be a poor choice of credit card to use one that compounds interest daily. Most do so on a monthly basis.
Example: If it was 15+7 you would break the 7 into a number that would make 7 and is easy to work with so I would break 7 into 5 and 2 then I would do 5+15 is 20+2 is 22 So 15+7 is 22
Hope this helps
Answer:
x+2y=-14x+2y=-14
x+14x+2y-2y=-14
15x+0=-14
15x=-14
15x/15=-14/15=-7/5
x=7/5.
Step-by-step explanation:
Before you start calculating the following . You need to group like terms .Also when you are moving the numbers to the other side and it is negative you need to change it to positive . Also when you are changing it to the other side and it is positive you need to change it to negative.Thank you for the question
Answer: 14 students will be in each group
84 divided by 6 = 14
Answer:
25
Step-by-step explanation:
y + ( - 16 ) = 9
y - 16 = 9
Add 16 on both sides,
y - 16 + 16 = 9 + 16
y = 25