3 years ago

What is the total cost to repay a credit card loan with a $13,000 balance, an APR of 17%, and monthly payments of $220?

Mathematics

1 answer:

iren2701 [21]3 years ago

3 0

It will take you 130 months to pay off this credit card. You will pay $15,411.19 in interest over this period.

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For what values of a is the value of the binomial 2a−1 smaller than the value of the binomial 7−1.2a by 7?

Nimfa-mama [501]

ANSWER

$a = \frac{5}{16}$

EXPLANATION

We want to find the value of a for which the binomial, 2a-1 is smaller than the value of the binomial 7-1.2a by 7.

This means that, when we subtract 2a-1 from 7-1.2a, we should get 7.

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$7 - 1.2a - 2a + 1= 7$

Group similar terms:

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$- 3.2a = - 1$

Divide both sides by -3.2,

$a = \frac{ - 1}{ - 3.2}$

$a = \frac{5}{16}$

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