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Firdavs [7]
3 years ago
5

James has a balance of $1,230 on his credit card that has an APR of 24%. He currently pays the minimum monthly payment of $30.75

. If James wants to pay off his balance in 18 months, determine the monthly payment he would need to make. Choose the following modification with the least cuts to his current expenses that will allow James to pay off his balance in 18 months.
Income
Wages
$3,015.00
Expenses
Rent
$1250.00

Utilities
$432.45

Food/Clothes
$345.00

Entertainment
$255.00

Car
$360.00

Credit Card
$30.75

Cell Phone
$103.89
Net Income

$237.91

a.
James can eliminate $83 from Food/Clothes.
b.
James can eliminate $25 from Food/Clothes and $27 from Entertainment.
c.
Addison can eliminate $15 from Food/Clothes and $22 from Entertainment.
d.
The minimum payment is enough to pay off the balance within 24 months.
Mathematics
2 answers:
Gnom [1K]3 years ago
5 0

Answer:

B

Step-by-step explanation:

James can eliminate $25 from Food/Clothes and $27 from Entertainment

poizon [28]3 years ago
4 0

Answer:

(C) James can eliminate $25 from Food/Clothes and $27 from Entertainment.

Step-by-step explanation:

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A rectangle's length is twice its width. if the perimeter is 132 cm, find the width of the rectangle.
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Perimeter=(2*length)+(2*width)
length=2*w
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132=(4w)+(2w)
132=6w
w=22
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Answer:

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Step-by-step explanation:

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Answer:

=51.63 m^2

Step-by-step explanation:

First find the area of the triangle

A = 1/2 bh = 1/2(3) * 5 = 7.5

Then find the area of the rectangle

A = l*w = 5*6 = 30

Then find the area of the semi circle, which is 1/2 the area of the circle

The diameter is 6 so the radius is 3

A = 1/2  pi r^2 = 1/2 (3.14) (3) ^2 = 14.13

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Answer:

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