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USPshnik [31]
3 years ago
12

Ryan's unpaid credit card balance was $1853.68. His APR is 24.9%. What is his new balance after he makes one new transaction for

$178?
Mathematics
1 answer:
nataly862011 [7]3 years ago
4 0

Answer:

  $2070.14

Step-by-step explanation:

Credit card terms vary, as do methods of computing interest and new balance. Here, we'll assume that no payment has been made (<em>in violation of the terms of the credit card</em>), and that the finance charge is only applied to the previous balance.

The finance charge is ...

  $1853.68 × 0.249 ÷ 12 = $38.46 . . . . . . . the monthly rate is 0.249÷12

Then the new balance will be the sum of the previous balance, finance charge, and new transaction(s):

  $1853.68 +38.46 + 178.00 = $2070.14

_____

<em>Comment on lack of payment</em>

Because no payment has been made, there may also be a late-payment charge added to the balance.

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g100num [7]
<h3>1.</h3>

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... (15/10) / 5 = 3/10

In decimal:

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<h3>2.</h3>

The picture shows 3 groups of 2 bars. Each bar represents 1/10. We take the picture to mean that ...

... (6/10) / 3 = 2/10

In decimal:

... 0.6 / 3 = 0.2

<h3>3.</h3>

The picture shows 4 groups, each consisting of 1 large square, 1 bar, and 4 small squares. We take the picture to mean that ...

... (4 + 4/10 + 16/100) / 4 = 1 + 1/10 + 4/100

In decimal:

... 4.56 / 4 = 1.14

Please note that 16/100 is equivalent to 1/10 + 6/100. In order to do the division, one of the 1/10 bars needed to be changed into 10 small squares, 10/100.

<h3>4.</h3>

The picture shows 3 groups, each consisting of 1 large square, 3 bars, and 2 small squares. We take the picture to mean that ...

... (3 + 9/10 +6/100) / 3 = 1 +3/10 + 2/100

In decimal:

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6 0
3 years ago
3/4 minus 1/8 in simplest form
mash [69]
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6 0
2 years ago
2
Butoxors [25]

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Step-by-step explanation:

Perhaps the most common examples of high-risk loans are those issued to individuals without a strong credit rating

8 0
2 years ago
Help me maybe? Please? :))
WINSTONCH [101]

Answer:

4 1/12

Step-by-step explanation:

7/12(7)

49/12

<em>12 goes into 49 four times. 12 x 4 is 48, which leaves 1/12 left over. </em>

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3 0
3 years ago
Mo's farm stand sold a total of 165 pounds of apples and peaches. she sold apples for $1.75 per pound and peaches for $2.50 per
AVprozaik [17]
Let x and y be the number of pounds of apples and peaches, respectively. With this representation, two equations are generated. 
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Simultaneously solving for the values of x and y gives an answer of x = 100 and y = 65. Thus, Mo sold 65 pounds of peaches. 
7 0
3 years ago
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