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
aleksklad [387]
3 years ago
9

You owe $2,348.62 on a credit card with an 8.75% APR. You pay $300.00 toward the card at the beginning of the month. What is the

difference in interest accrued compared with if you had paid an additional $300.00 more than you had originally intended toward the card?
Using the information from the previous question, how many months will it take you to pay off your debt if you pay $600.00 at the beginning of each month? Include last month even if payment is less than $600.00
Mathematics
1 answer:
Svetach [21]3 years ago
8 0
For the first question;
To calculate the interest accrued from the total amount and compare it from the $300 that is initially paid for the card, there's a need to get 8.75% from $2,348.62. This is possible by multiplying $2,348.62 by 0.0875, which will give a result of $205.50. So it's difference from $300 is $94.50.

For the second question;
Given the interest is $205.50, it needs to be added to the total amount which generates a result of $2554.12. Next, deduct $300 from it for the payment made in the previous month, and divide it by $600. This will result to an answer of 3.76 - the number of months to pay off the debt.
You might be interested in
Hi :)
astraxan [27]

LETS GOOOOOOOOOOOOOOO

4 0
3 years ago
Please help! Really easy math, need it asap!!! It's in the picture
Dominik [7]

Answer:

answers are: (-1,-2), (1,2), (-1,5), (1,-5). in other words, option 2, 6, 7, and 8.

Step-by-step explanation:

hope it helps

3 0
2 years ago
Subtract. –7 – 12<br> a. –19<br> b. –5<br> c. 5<br> d. 19
den301095 [7]
-7 - 12 = -1(7 + 12) = -1(19) = -19

Your answer is A.
8 0
3 years ago
HELP?!!!!! Name the space figure you can form from the net.
daser333 [38]

Answer:

a or b but i think a

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
I will give brainliest. Please help fast! (Solve for number 5)
Ne4ueva [31]

Answer:

the area of the parallelogram is 120 units

8 0
2 years ago
Other questions:
  • PLEASE HELP ASAP!!!!!! GivinG BRAINLIEST!!!
    8·1 answer
  • What is the greatest common factor of 24s^3 , 12s^4 , and 18s
    5·2 answers
  • carley beat the school record for the 400 meter run by 1.3 seconds. If she ran the race in 55.7 seconds, what was the record?
    8·1 answer
  • Which number is the largest? (4 points)<br><br> 7.2 ⋅ 10−6, 3.09 ⋅ 103, 2.04 ⋅ 104, 5 ⋅ 103
    9·1 answer
  • This is a table of values that follows a given rule or function. Each output comes from the input being applied to the rule.
    12·1 answer
  • 1
    10·1 answer
  • <img src="https://tex.z-dn.net/?f=-3a%2B8%3D14%3D" id="TexFormula1" title="-3a+8=14=" alt="-3a+8=14=" align="absmiddle" class="l
    7·1 answer
  • 1. Cadence has a collection of 52 dolls that all have either blue-eyes or green-eyes.
    6·2 answers
  • The area of a square is 49 square meters. What is the length (in meters) of one side of the square?
    9·1 answer
  • Please do the bottom questions, I provided the rest.
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!