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OleMash [197]
3 years ago
15

Can I get some help please. Hailey is hosting a party at her new apartment. She uses her credit card to buy a big screen televis

ion to impress her friends at the party. She then makes the minimum payment on the credit card each month. Is this a financially responsible decision or a financially irresponsible decision? Explain the financial benefits or costs of this decision.
Mathematics
1 answer:
FinnZ [79.3K]3 years ago
8 0
Irresponsible. The responsible thing to do would to be first and formost only using a credit card for small, quick purchases that you could pay back immediately as the bill arrives. Paying the minimum payment and dragging it out for weeks can and will deplete your credit score and will make you pay more in interest.
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First you want to subtract 5x from both sides:

5x will cancel out

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fiasKO [112]

Answer:

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Step-by-step explanation:

The given parameters are;

The frequency distribution of the number of pets owned is presented as follows;

Number of Times    {}    Frequency  {}      

None                          {}   354

One                          {}     981

Two                          {}     352

Three                          {}  200

Four                           {}    113

The probability that the next person asked has two pets = Proportion of the sample that own two pets = 352/(354 + 981 + 352 + 200 + 113) = 0.176

Therefore, the probability that the next person asked has two pets = 0.176

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3 years ago
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