james has $3000 in credit card debt, which charges 14% interest. how long will it take to pay off the card if he makes the minim
1 answer:
Answer:
The answer is approx 75 months.
Step-by-step explanation:
We have P = 3000
r = 14%
Monthly payment = $60
We will use the formula :
Solving this we get n = approx 75 months. After 75 months few dollars will be left. And in the 76th month the balance will become negative.
For easy and better understanding, I have attached an excel sheet.
The answer is approx 75 months.
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Answer:
P=30cm
Step-by-step explanation:
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Using Substitution:
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Answer:
Number of cheaper dresses sold is 35
Number of expensive dresses sold is 15
Step-by-step explanation:
Given:
Cost of cheaper dresses = $90
Cost of expensive dresses = $140
Total cost of the dresses = $5250
To Find:
Number of cheaper dress = ?
Number of expensive dress = ?
Solution:
Let
The number of cheaper dresses be x
The number of expensive dresses be y
(Number of cheaper dresses X cost of cheap dress) + (Number of Expensive dresses X cost of expensive dress) = $5250
= $5250
It is given that the 20 more of the cheaper dresses than the expensive dresses is sold
So,
number of cheaper dress = 20 + number of expensive dress
x = 20 + y---------------------------------------(1)
y = 15
Substituting y in (1)
x = 20 +15
x= 35