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tia_tia [17]
2 years ago
11

Solve the equation. 

Mathematics
1 answer:
tigry1 [53]2 years ago
4 0
Correct answer is 8 4/7
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Alexis buys groceries using her credit card her card has an APR of 19.99% and she must pay at least 5% of the balance at the end
avanturin [10]

Answer:

The answer is that she would pay $65.56 in finance charges at the end of the month.

Step-by-step explanation:

Given: APR = 19.99%

Carry Over Balance: $398.97

The APR or Annual Percentage Rate, is calculated daily. You will need to get the daily periodic rate, or DPR, so divide the APR by 365:

19.99% = .1999

.1999 / 365 = .005477 (This is the Approximate DPR, rounded up to .005477)

To get the finance charge, multiply the average daily balance by the DPR and then by 30 days:

398.97 * .005477 * 30 = $65.56 finance charge for this carry over balance, at the end of the month. This assumes that the balance is the average daily balance.

Hope this helps!!  Have a great day!

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3 years ago
Solve 1 And 2 Step Equations.
masha68 [24]

Answer:

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2 years ago
Which expression is equivalent to 5(c + 2(c+d)
Fofino [41]
15c+10d that’s the answer
5 0
3 years ago
Last year, 400 signed up to take a virtual kickboxing class. This year, there was a 5% increase in registrations. How many peopl
ale4655 [162]

Answer:

420 people

Step-by-step explanation:

400*1.05=420

3 0
3 years ago
What is the result of subtracting the second equation from the first?
Elina [12.6K]

Answer:

-9

Step-by-step explanation:

The awnswer to the first equation is -4 and -4-5 is equal to -9

7 0
2 years ago
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