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kaheart [24]
3 years ago
11

If you have a balance of $1,000 on your credit card, and the interest rate is 17¾% a year, in order to pay off the $1,000 in 5 y

ears, you will have to make minimum payments of $25.26 a month. How much will the $1,000 loan cost you in interest?
Mathematics
1 answer:
viva [34]3 years ago
8 0

Answer:

$540.54

Step-by-step explanation:

You might be interested in
Solving systems of equations using any method
andreev551 [17]

Answer:

x = 5 , y = 2

Step-by-step explanation:

Solve the following system:

{y = (7 x)/5 - 5 | (equation 1)

{y = (3 x)/5 - 1 | (equation 2)

Express the system in standard form:

{-(7 x)/5 + y = -5 | (equation 1)

{-(3 x)/5 + y = -1 | (equation 2)

Subtract 3/7 × (equation 1) from equation 2:

{-(7 x)/5 + y = -5 | (equation 1)

{0 x+(4 y)/7 = 8/7 | (equation 2)

Multiply equation 1 by 5:

{-(7 x) + 5 y = -25 | (equation 1)

{0 x+(4 y)/7 = 8/7 | (equation 2)

Multiply equation 2 by 7/4:

{-(7 x) + 5 y = -25 | (equation 1)

{0 x+y = 2 | (equation 2)

Subtract 5 × (equation 2) from equation 1:

{-(7 x)+0 y = -35 | (equation 1)

{0 x+y = 2 | (equation 2)

Divide equation 1 by -7:

{x+0 y = 5 | (equation 1)

{0 x+y = 2 | (equation 2)

Collect results:

Answer:  {x = 5 , y = 2

7 0
3 years ago
The value of the 7 in 27,459 is how many times the value of the 7 in 40,735?
alukav5142 [94]

Answer:

10

Step-by-step explanation:

The 7 in 27,459 is in the <em>thousands</em> place.

The 7 in 40,735 is in the <em>hundreds</em> place.

Any digit in the thousands place has 10 times the value of the same digit in the hundreds place. (The multiplier is 1000, instead of 100.)

_____

In the base-10 number system, each digit location has 10 times the value of the location to its right. The value is determined by the place the digit occupies in the number. That is why it is called a place-value number system.

4 0
3 years ago
Read 2 more answers
Please I BEG YOU! Find the ordered pair (x,y) if x+y=(5-x)+(5-y), x-y=(x-1)+(y-1).
qwelly [4]

Answer:

x=4, y=1

I think its that

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Assume the probability of having a boy or a girl is the same. What is the probability a family has three boys?
almond37 [142]
The probability of having a boy: 1/2

1/2(1/2)(1/2)=1/8

The probability of a family having three boys is 1/8.

Hope this helps!
3 0
3 years ago
1. What is the value of the y variable in the solution to the following system of equations?
ollegr [7]

Part 1)

we have

3x-6y=3 ------> equation A

7x-5y=-11 ------> equation B

Multiply by -7 the equation A

-7(3x-6y)=-7*3

-21x+42y=-21 ------> equation C

Multiply by 3 the equation B

3*(7x-5y)=-11*3

21x-15y=-33 -------> equation D

Adds equation C and equation D

-21x+42y=-21 \\21x-15y=-33\\---------- \\ 42y-15y=-21-33\\27y=-54 \\ y=-2

therefore

<u>the answer Part 1) is the option A </u>

y=-2

Part 2)

we have

3x+y=6

y=-3x+6 ------> equation A

6x+2y=8

Simplify Divide by 2 both sides

3x+y=4

y=-3x+4 ------> equation B

the lines A and B are parallel lines, because the slope m is equal

so

The system has no solution

therefore

<u>the answer Part 2) is the option D</u>

There is no x value as there is no solution to the system.

Part 3)

we have

4x+2y=6 ------> equation A

x-y=3

y=x-3  ------> equation B

substitute equation B in equation A

4x+2[x-3]=6

6x-6=6

6x=12

x=2

therefore

<u>the answer part 3) is the option D</u>

x=2

Part 4)

Let

x---------> The number of one-step equations

y---------> The number of two-step equations

we know that

x+y=1,120

x=1,120-y -------> equation A

3x-2y=1,300 ------> equation B

substitute equation A in equation B

3[1,120-y]-2y=1,300

3,360-5y=1,300

5y=3,360-1,300

5y=2,060

y=412

therefore

<u>the answer part 4) is  the option D</u>

y=412

8 0
3 years ago
Read 2 more answers
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