1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MAXImum [283]
3 years ago
12

Tom's statement shows a previous balance of $2452.64, a payment of $160, and new transactions $138. what is his new balance if h

is APR is 15.6%?
Marco's unpaid credit card balance is $4332.75. His APR is 18.6% What is his new balance if he made one new transaction of $432?
Mathematics
1 answer:
elixir [45]3 years ago
5 0
Tom:
Previous balance: 2,452.64
payment: 160
new transaction: 138
APR: 15.6%

We need to divide APR by 12 to get the monthly rate: 15.6% / 12 = 1.3%

2,452.64 - 160 = 2,292.64 
2,292.64 * 1.3% = 29.80  interest for the month. We did not include 138 because it still is within the 1 month period and it is not subject to interest. Only the revolving amount of 2,292.64 has interest.
2,292.64 + 29.80 + 138 = 2,460.44 NEW BALANCE OF TOM

Marco:
Unpaid credit card balance: 4,332.75
APR: 18.6% 
New transaction: 432

Divide APR by 12 to get the monthly rate: 18.6% / 12 = 1.55%
4,332.75 * 1.55% = 67.16
4,332.75 + 67.16 + 432 = 4,831.91 NEW BALANCE OF MARCO
You might be interested in
Describe independent and dependent variables.
NemiM [27]
Dependent variables: A variable whose value depends on the value of another variable or variables

independent variable: A variable whose value determines the value of another variable or variables
7 0
3 years ago
Read 2 more answers
Mrs. Chip bought 2 sheets and a blanket and paid $41. Mrs. Dale bought a sheet and 4 blankets and paid $80.
Katyanochek1 [597]

Answer:

  • Sheet = $12
  • Blanket = $17

Step-by-step explanation:

<u>Let the cost of a sheet be s and cost of a blanket be b</u>

  • 2s + b = 41
  • s + 4b = 80

<u>From the first equation we get:</u>

  • b = 41 - 2s

<u>Substitute in the second equation</u>

  • s + 4*(41 - 2s) = 80
  • s + 164 - 8s =  80
  • 7s = 84
  • s = 12

<u>Then</u>

  • b = 41- 2*12 = 17
6 0
3 years ago
The cost of renting a car is $46/week plus $0.25/mile traveled during that week. An equation to represent the cost would be y=46
julsineya [31]

The answer for part a is $60.25, for part b the answer is 76 miles, and for part c the answer is 216 miles.

<h3>What is a function?</h3>

It is defined as a special type of relationship, and they have a predefined domain and range according to the function every value in the domain is related to exactly one value in the range.

The equation to represent the cost would be y=46+0.25x

x is the number of miles.

a) What is your cost if you travel 57 miles?

Plug x = 57 in the above equation:

y = 46 + 0.25(57)

y = $60.25

b) If your cost was $65.00, how many miles were you charged for traveling?

Plug y = 65 in the equation:

65 = 46 + 0.25x

x = 76 miles

c) Suppose you have a maximum of $100 to spend for the car rental. What would be the maximum number of miles you could travel?

Plug y = 100 in the equation:

100 = 46 + 0.25x

x = 216 miles

Thus, the answer for part a is $60.25, for part b the answer is 76 miles, and for part c the answer is 216 miles.

Learn more about the function here:

brainly.com/question/5245372

#SPJ1

5 0
2 years ago
Read 2 more answers
You have $3.25 to buy bananas. each banana costs $0.35 how many bananas can you buy?
Diano4ka-milaya [45]

Answer:

nine

Step-by-step explanation:

7 0
2 years ago
Read 2 more answers
ILL GIVE BRAINLEST
lukranit [14]

Answer:

not a function

Step-by-step explanation:

3 - 2 = 1

2 - 5 = -3

5-6 = -1

6-7 = -1

4 0
3 years ago
Read 2 more answers
Other questions:
  • HELP!!!!!!!!! 10= p x 0.048 x 1/12
    7·1 answer
  • Write down down he next term in each of the following sequences
    12·2 answers
  • What is the inverse of the function f(x) = 2x – 10?
    5·1 answer
  • A cube has an edge length of 7 inches. You multiply the side lengths by 5. How many times greater is the volume of the new cube?
    5·1 answer
  • If there is 1000$ in the lockbox what year will it be worth 64,000$ at 24% interest?
    9·1 answer
  • Please help me out I’m struggling
    13·2 answers
  • Which is the greatest value A.two and hundredhs B.two and five thousandths C.two and five tenths
    8·1 answer
  • What is 86% of 950? *
    7·2 answers
  • The measures of the angles of a triangle are shown in the figure below. Solve for x.
    5·1 answer
  • Alfred is building a slide for a new park. He wants the height of the slide to be 8 feet, and he wants the horizontal distance a
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!