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
Elenna [48]
3 years ago
10

Carla has a credit card that uses the average daily balance method. For the first 15 days of a 31-day billing cycle, her balance

was $2560, but then she paid off her entire balance and didn't make any new purchases. If her credit card's APR is 28%, how much was Carla charged in interest for the billing cycle?
A.$29.46
B.$31.42
C.$60.88
D.$0
Mathematics
2 answers:
Advocard [28]3 years ago
6 0

Answer:

Option A $29.46 is correct.

Step-by-step explanation:

Credit card's billing cycle  = 31 days

To calculate the average daily balance we must add Carla's balance from each day in the billing cycle and divide by the number of days of the month.

( Total balance × days ) / number of days of the month

(2560 × 15) ÷31 = $1238.71

Her credit card's APR is 28%  Therefore Carla charged

(1238.71 × 0.28 × 31) ÷ 365

10,752.0028 ÷ 365 = 29.4575 Rounded to $29.46

Carla charged in interest for the billing cycle is $29.46.

sweet [91]3 years ago
3 0

A.29.46 They say i need 20 characters but idek how i got it tbh i just know i put it in and it was right



You might be interested in
Which of the following statements are not true in developing a confidence interval for the population mean?
frutty [35]

Answer:

b) The width of the confidence interval becomes narrower when the sample mean increases.

Step-by-step explanation:

The confidence interval can be calculated as:

\bar{x} \pm \text{Test Statistic}\displaystyle\frac{\sigma}{\sqrt{n}}

a) The width of the confidence interval becomes wider as the confidence level increases.

The above statement is true as the confidence level increases the width increases as the absolute value of test statistic increases.

b) The width of the confidence interval becomes narrower when the sample mean increases.

The above statement is false. As the sample mean increases the width of the confidence interval increases.

c) The width of the confidence interval becomes narrower when the sample size n increases.

The above statement is true as the sample size increases the standard error decreases and the confidence interval become narrower.

8 0
3 years ago
At the grocery store, Mr. and Mrs. Bailey bought 24 apples and 18 pears. Write a ratio in simplest form to compare apples and pe
Oliga [24]

Answer:

4:3

Step-by-step explanation:

Legit just simplified it.The original ratio is 24:18. First found the greatest common multiple (GCF) and divided both by it. In this case it was 6. So 24/6 = 4 and 18/6 = 3. Now your newly simplified ratio of apples to pears is 4:3.

7 0
3 years ago
~f r e e ~ p o i n t s ~ i f ~ y o u ~ a n s w e r ~ t h i s ~ I m P o S s I b L e ~ q u e s t i o n~
Nutka1998 [239]

Answer:

21..........

Step-by-step explanation:

6 0
3 years ago
What is the 100th term in the following sequence: 25, 36, 49, 64...
Mandarinka [93]
The sequence is given by (n+5)²
For n=100:
(100+5)² = 105² = 11025
7 0
3 years ago
If the graph of the linear equation ax-8y=15 has an x-intercept at (3,0), then what is the value of a?
mart [117]
Ax-8y=15
a(3)-8(0)=15
3a=15
a=5
4 0
3 years ago
Other questions:
  • 9x2 − 16x + 60 = 0
    10·1 answer
  • Write the ordered pairs relation
    5·1 answer
  • WILL GIVE BRAINLIEST PLEASE HELP
    13·1 answer
  • Two factors are multiplied and their product is 34.44 one factor is a whole number what is the least number of decimal places in
    10·1 answer
  • Each of the letters of the word MISSISSIPPI are written on separate pieces of paper that are then folded, put in a hat, and mixe
    15·2 answers
  • Please help with this math problem
    6·1 answer
  • Can someone help me solve this equation? will give brainliest
    12·1 answer
  • Find the area of a circle with radius, r = 5.69m.<br> Give your answer rounded to 2 DP.
    15·1 answer
  • Q: Buy one, get the second half price!<br>Find the percentage reduction of this special offer.​
    13·1 answer
  • A private club was reduced by 15 members in 3 weeks. It’s size changed by the same number of members each week. What was the cha
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!