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
lubasha [3.4K]
3 years ago
10

A credit card company charges 18% simple interest for overdue accounts. How much interest will Kristen owe three months from now

on a current balance of $1500?
Mathematics
1 answer:
Ber [7]3 years ago
4 0

Answer: The amount that Kristen would owe three months from now is $67.5

Step-by-step explanation:

The formula for determining simple interest is expressed as

I = PRT/100

Where

I represents interest paid on the loan.

P represents the principal or the current balance.

R represents interest rate

T represents the duration for which the account is overdue in years.

From the information given,

P = 1500

R = 18%

T = 3 months = 3/12 = 0.25 year

I = (1500 × 18 × 0.25)/100 = $67.5

You might be interested in
Sam has $65 to spend on clothes. He wants to buy a pair of jeans for $29 and spend the rest on t-shirts. Each t-shirt costs $9.
Alekssandra [29.7K]

money >= jeans + tshirts

65 >= 29 + 9* number of shirts

subtract 29 from each side

36> =9 *number of shirts

divide by 9 on each side

4 > =number of shirts

He can buy 4 or less shirts

Choice A


5 0
3 years ago
Read 2 more answers
The diameter of Circle terminates on the circumference of the circle at​ (3,0) and (3,−7).. Write the equation of the circle in
Verdich [7]

Step-by-step explanation:

that means the center of the circle is exactly in the middle between the 2 points.

and since both points have the same x value (so, the diameter here is a vertical line), it is ready to get the y value of the middle : (-7 - 0) / 2 = -3.5

so, the coordinates of the center are (3, -3.5).

and that makes the standard circle equation

(x - h)² + (y - k)² = r²

to

(x - 3)² + (y + 3.5)² = 3.5² = 12.25

as h, k are the coordinates of the center, and r is the radius (half the diameter).

7 0
2 years ago
Reparametrize the curve with respect to arc length measured from the point where t = 0 in the direction of increasing t. (Enter
Alex Ar [27]

Answer:

I would need more information to help you

Step-by-step explanation:

7 0
3 years ago
What is 1/3 out of 100%
Andrej [43]
The answer your looking for is 33.3%

(it goes on a lot longer but that's just rounded to 1 decimal place)
5 0
3 years ago
(23q – 34) and (–16q – r)
pochemuha

Answer:

=−368q2−23qr+544q+34r

Step-by-step explanation:

7 0
3 years ago
Other questions:
  • Please help me and thank you
    8·1 answer
  • Another Math problem !!
    10·1 answer
  • Given P(E or F) = 0.16, P(E) = 0.12, and P(F) = 0.17, what is P(E and F)?
    12·1 answer
  • When Luis begins painting, he realizes it takes him 45 seconds to complete 1 square foot. The room he is painting has 272 square
    13·1 answer
  • A restaurant sells 12 breakfast meals used what’s 25% of a breakfast meals are pancakes how many orders of pancakes does the res
    7·1 answer
  • Which equation represents the slope-intercept form of the line below? y= -5x+7​
    11·1 answer
  • The graph shows the square root parent function. which statement best describes the function?
    5·1 answer
  • Use the Distributive Property to simplify the expression. 4(c + 3)
    14·1 answer
  • HELP<br><br> Does this circle have a radius or diameter?
    7·1 answer
  • Use the graph to find the slope (m) and y-intercept (b)
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!