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Allushta [10]
3 years ago
12

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

um payment of $60.00 a month?
Mathematics
1 answer:
GREYUIT [131]3 years ago
7 0

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 :

[(0.14/12) \times3000] / [1- (1+(0.14/12)^{-12n}]

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.

Download xlsx
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Eli is driving on a long road trip. He currently has 12 gallons of gas in his car. Each
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Answer:

I would be 7 gallons used and 5 gallons left

Step-by-step explanation:

multyply 1.75 times 4 hours equal 7 then 12-7=5 is the total of gallons left

Hope this helps

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2 years ago
Plzz help me with this one i dont know what to do on this one<br><br> 5x- 3(x-2)
svlad2 [7]
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5 0
3 years ago
10 1/8 + (3 5/8 + 2 7/8)
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3 0
3 years ago
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The midpoint of AB is M(-5,1). If the coordinates of A are (-4,-5), what are the coordinates of B?
Elenna [48]

<u>ANSWER:</u>

The midpoint of AB is M(-5,1). The coordinates of B are (-6, 7)

<u>SOLUTION: </u>

Given, the midpoint of AB is M(-5,1).  

The coordinates of A are (-4,-5),  

We need to find the coordinates of B.

We know that, mid-point formula for two points A(x_{1}, y_{1}) and B (x_{1}, y_{2}) is given by

M\left(x_{3}, y_{3}\right)=\left(\frac{x_{1}+x_{2}}{2}, \frac{y_{1}+y_{2}}{2}\right)

Here, in our problem, \mathrm{x}_{3}=-5, \mathrm{y}_{3}=1, \mathrm{x}_{1}=-4 \text { and } \mathrm{y}_{1}=-5

Now, on substituting values in midpoint formula, we get

(-5,1)=\left(\frac{-4+x_{2}}{2}, \frac{-5+y_{2}}{2}\right)

On comparing, with the formula,

\frac{-4+x_{2}}{2}=-5 \text { and } \frac{-5+y_{2}}{2}=1

-4+\mathrm{x}_{2}=-10 \text { and }-5+\mathrm{y}_{2}=2

\mathrm{x}_{2}=-6 \text { and } \mathrm{y}_{2}=7

Hence, the coordinates of b are (-6, 7).

5 0
3 years ago
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