Answer:
<h2>
4076.56</h2>
Step-by-step explanation:
First we need to calculate the James monthly charges on his balance of 4289.
Using the simple interest formula;
Simple Interest = Principal * Rate * Time/100
Principal = 4289
Rate = 5%
Time = 1 month = 1/12 year
Simple interest = 4289*5*1/12*100
Simple interest = 21,445/1200
Simple interest = 17.87
<u>If monthly charge is 17.87, yearly charge will be 12 * 17.87 = </u><u>214.44</u>
The balance on his credit card one year from now = Principal - Interest
= 4289 - 214.44
= 4076.56
The balance on his credit card one year from now will be 4076.56
<span>The arcs must intersect because the point at which the arcs intersect forms the halfway point of the angle; if they don’t intersect, the angle will not be bisected. </span>
M represents the month because the value is decreasing every month.
Hope this helps :)
So for this I would set up a ratio. 1/10=x/380 then you cross multiply so 1x380=10x. Then solve the equation so 380/10=x and you get 38in. Hope my explanation helped!
