Answer:
$86.81
Step-by-step explanation:
Using the given formula, we want to compute A for ...
P = 4750
r = 0.2279
n = 365 . . . . . assuming "exact" interest
t = 1 or 30
For 1 day late:
A = 4750(1 +0.2279/365)^(365·(1/365)) = 4752.97
For 30 days late:
A = 4750(1 +0.2279/365)^(365·(30/365)) = 4839.78
The difference in these payment amounts is ...
$4839.78 -4752.97 = $86.81
You would save $86.81 in interest charges by paying only 1 day late.
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<em>Comment on the question</em>
It would be a poor choice of credit card to use one that compounds interest daily. Most do so on a monthly basis.
I'm not completely sure but this is what I would do.
evaluate <span>(1/ 4)^x - 1 </span>as is. But change the (1 /2)^2x to (2/4)^2x. This way both fractions have the same denominator and in this sense, the same base. The 2/4 base still evaluates into 1/2 so nothing, mathematically, is being broken here.
Answer:
Part One: $187
Part Two: 11a + 5.5k
Step-by-step explanation:
Part One:
a = 9 (how many adult tickets)
k = 16 (how many kid tickets)
($11 × a) + ($5.50 × k) = total cost
($11 × 9) + ($5.50 × 16)
($99) + ($88) = $187 = total cost
Part Two:
11a + 5.5k
11 is how much the adult ticket costs, you multiply a or the amount of adult tickets in order to get the total cost for adults.
5.5 is how much the kid ticket costs, you multiply k or the amount of kid tickets in order to get the total cost for kids.
you add 11a + 5.5k or the total cost for adults and the total cost for kids to get the total cost.
Slope: the tilt. it equals rise over run. so 1/2
Answer:
letter c I am not sure about the answer
