Answer:
10x-20 uhhh yeah that's the answer
Answer:
FV= $2,571.41
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $1,500
Interest rate (i)= 0.045/12= 0.00375
Number of periods (n)= 12*12= 144 months
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 1,500*(1.00375^144)
FV= $2,571.41
What do you need help with? it helps us to know the question!
Y-axis, because what i’ve been taught with coordinates, is you crawl before you walk which means is first it’s x-axis then y-axis. so (0,4) would be on the y-axis. :)
Answer:
$2070.14
Step-by-step explanation:
Credit card terms vary, as do methods of computing interest and new balance. Here, we'll assume that no payment has been made (<em>in violation of the terms of the credit card</em>), and that the finance charge is only applied to the previous balance.
The finance charge is ...
$1853.68 × 0.249 ÷ 12 = $38.46 . . . . . . . the monthly rate is 0.249÷12
Then the new balance will be the sum of the previous balance, finance charge, and new transaction(s):
$1853.68 +38.46 + 178.00 = $2070.14
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<em>Comment on lack of payment</em>
Because no payment has been made, there may also be a late-payment charge added to the balance.
