Answer:
correct option is d. $242.81
Step-by-step explanation:
given data
APR = 25.5% =
= 2.125
paid = $3,729
solution
we get here finance charge on the 1st month by multiplying 3,729 and now adding it to existing balance
so we get finance charge for the second and third months similarly as
APR ÷ 100 =
= 0.02125
so 1st
= $3,729 × 0.02125
= 79.25
and
$3,729 + $79.25 = $3808.24
so for next
= $3808.24 × 0.02125
= 80.93
and
$3808.24 + $80.93 = $3889.17
so for next
= $3889.17 × 0.02125
= 82.64
and
$3889.17 + $ 82.64 = $3971.81
so
finance
charge = 3971.81 - 3729
finance
charge = 242.81
so correct option is d. $242.81
Answer:
C. 80
Step-by-step explanation:
5x10x.5=25
25x2=50
3x10=30
50+30=80
Answer: Mr Drysdale deposited 14,500
Step-by-step explanation:
Using the simple Interest formula
Simple Interest = Principal(Initial Money) * Interest Rate * Time Period
I = P*R*T
I = PRT
To get P which is the initial money he deposited, we divide both sides by RT
I/RT = PRT/RT
I/RT = P
Therefore the money deposited
P = I/RT
Interest (I)= 906.25
Interest Rate (R)= 6.25% = { converting percentage to decimal} (6.25/100)= 0.0625
Time Period (T) = 1 year
Principal (P)= ?
P= I/RT
P= 906.25/(0.0625 * 1)
P= 906.25/0.0625
P= 1450
The money he deposited in his local bank is 14,500
Answer:
The change of concentration surely made the difference since the last drink contained more juice with respect to the water
Step-by-step explanation:
The concentration of a drink
We can know how much of a certain ingredient there is with respect to the entire mix. This is known as the concentration and is commonly expressed in percentage %
Sylvia and her friends made a drink with 6 quarts of pineapple juice in 4 quarts of sparkling water. The total quantity of water is 10 quarts, so the concentration of pineapple juice is

The next week, their drink consisted of 5 quarts of pineapple juice and 3 quarts of sparkling water, so the new concentration is

The change of concentration surely made the difference since the last drink contained more juice with respect to the water