The amount that Marcia will have saved in interest by consolidating the two balances is: b.$133.92.
<h3>Amount saved in interest</h3>
First step
Calculating for credit card A monthly payment (12% APR) using financial calculator
=pmt(rate,nper,-pv,fv)
Where:
Rate=12%/12=1%
Nper =12 months×4 years=48
PV = $1,389.47
FV=0
Hence:
=pmt(1%,48,-1389.47,0)
=$ 36.59
Second step
Monthly payments 16% APR=$39.38×48
Monthly payments 16% APR =$1890.24
Monthly payments 12% APR=$36.59×48
Monthly payment 12% APR=$1756.32
Third step
Amount saved in interest=$1890.24 -$1756.32
Amount saved in interest=$133.92
Therefore the correct option is B.
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Answer:
D. 8.57
Step-by-step explanation:
Okay I'm not sure if I do these problems correctly, but I always get the right answer.
7/11 = 0.6363...
15/0.6363... = 23.5714...
23.5714...- 15 = 8.57
X=quarters, y=dimes
7+2x=y
0.25x+0.1y=10.15
we substitute the first equation into the second equation
0.25x+0.1(7+2x)=10.15
0.25x+0.7+0.2x=10.15
0.45x+0.7-0.7=10.15-0.7
0.45x=9.45
0.45x/0.45=9.45/0.45
x=21 quarters
7+2x=y, x=21
7+2(21)=y
7+42=y
y=49 dimes
check: 0.25x+0.1y=10.15 when x=21, y=49
21(0.25)=5.25 in quarters
49(0.1)=4.90 in dimes
5.25+4.90=10.15
6:16
explanation:
6+10=16
6 is the amount in outer space
ration is 6:16
Step-by-step explanation:
There are a few steps to follow when you add or subtract rational expressions with unlike denominators.
To add or subtract rational expressions with unlike denominators, first find the LCM of the denominator. The LCM of the denominators of fraction or rational expressions is also called least common denominator , or LCD.
Write each expression using the LCD. Make sure each term has the LCD as its denominator.
Add or subtract the numerators.
Simplify as needed.