$9.75
<h3>Further explanation
</h3>
Given:
- The typical balance on Lucy's credit card is $650.
- The interest rate (APR) on her credit card is 18%.
Question:
How much in interest would you expect Lucy to be charged in a typical month?
The Process:
This problem includes the type of determining simple interest.
where,
- I = simple interest
- P = principal (initial amount)
- r = annual interest rate
- t = time (in years)
This time we will find out how much in interest we would expect to be charged in a typical month.
The data is as follows:
- P = 650
- r = 18% or
or 0.18
- t =
year (one month)
Let us calculate how much in interest we would expect to be charged in a typical month.
Thus the amount of interest we would expect Lucy to be charged in a typical month is $ 9.75.
_ _ _ _ _ _ _ _ _ _
Notes
We must be able to distinguish between simple and compound interest. Please learn about this in the link attached below.
<h3>Learn more
</h3>
- What interest (in dollars) does he receive annually? brainly.com/question/8192969
- How much will our account accrue to in 9.5 years brainly.com/question/4127036
- What is the total amount owed at the end of the 4 years brainly.com/question/13675435
Put spaces when you right the question please, i can't help when all i see is the questions words mashed up together.
Answer:
I got 219 but I'm not sure that's the answer.
Step-by-step explanation:
Answer:
I think its b and c
Step-by-step explanation:
good luck
Answer:
The value of P (A ∩ B) is 0.25.
Step-by-step explanation:
Independent events are those events that do not effect the occurrence of each other, i.e. if event <em>X </em>and <em>Y</em> are independent then the occurrence of <em>X</em> and <em>Y </em>are not influenced by each other.
For independent events <em>X</em> and <em>Y</em> the joint probability of <em>X</em> and <em>Y</em> is:

It is provided that events <em>A</em> and <em>B </em>are independent of each other.
And P (A) = P (B) = 0.50.
Compute the value of P (A ∩ B) as follows:

Thus, the value of P (A ∩ B) is 0.25.