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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:

You might be interested in
Pete is a politician. He claims that 32% of the households in his district have total household incomes below the poverty level.
victus00 [196]

Answer:

z=\frac{0.3867 -0.32}{\sqrt{\frac{0.32(1-0.32)}{225}}}=2.145  

For a bilateral test the p value would be:  

p_v =2*P(z>2.145)=0.0320  

Step-by-step explanation:

Information given

n=225 represent the sample selected

X=87 represent the households with incomes below the poverty level

\hat p=\frac{87}{225}=0.3867 estimated proportion of households with incomes below the poverty level

p_o=0.32 is the value that we want to test

z would represent the statistic

p_v represent the p value

System of hypothesis

We want to check if the true proportion is equal to 0.32 or not.:  

Null hypothesis:p=0.32  

Alternative hypothesis:p \neq 0.32  

The statistic is given bY:

z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}} (1)  

Replacing we got:

z=\frac{0.3867 -0.32}{\sqrt{\frac{0.32(1-0.32)}{225}}}=2.145  

For a bilateral test the p value would be:  

p_v =2*P(z>2.145)=0.0320  

4 0
3 years ago
6. Complete la tabla con el número 4.956: Dígito Valor posicional Notación estándar Notación en potencia De esta forma el número
Rzqust [24]

Answer:

6. Miles  {}     cientos       decenas      unidades

  4   {}              9                5               6

7. Catalina podrá hacer un cuadrado con longitud lateral de 4 cartones

8. 45000000 = 4.5 × 10⁶

0.000000000000056 = 5.6 × 10¹⁴

0.000000000034 = 3.4 × 10¹¹

Step-by-step explanation:

6. Los valores posicionales de dígitos son;

Miles  {}     cientos       decenas      unidades

4   {}              9                5                   6

 

7. El número de cuadrados que tiene Fernando = 12

El número de cuadrados que tiene Catalina = 16

El largo y el ancho de un cuadrado son iguales, por lo tanto tenemos;

largo × ancho = Área del cuadrado

largo = ancho = lado del cuadrado

Lado del cuadrado × Lado del cuadrado = Área del cuadrado

(Lado del cuadrado) ² = Área del cuadrado

Lado del cuadrado = √ (Área del cuadrado)

Para Fernando, Área del cuadrado = 12

Lado del cuadrado para Fernando = √12 = 2 · √3 cartones

Para Catalina, Área del cuadrado = 16

Lado del cuadrado para Catalina = √16 = 4 cartones

Por tanto, Catalina podrá realizar un cuadrado con longitud lateral de 4 cartones

8. 45000000 = 4.5 × 10⁶

0.000000000000056 = 5.6 × 10¹⁴

0.000000000034 = 3.4 × 10¹¹

8 0
3 years ago
Explain with example of why 2^(-8) * 2^(-7) is equal to 2^(-15)
tatyana61 [14]
(-8)*(-7)=(-15)

the 2 in the beginning stays the same, and you multiply what’s in the parentheses to get (-15)
4 0
3 years ago
D
kirza4 [7]

Answer:

12+k/5

Quotient is a quantity produced by the division of two numbers.

8 0
3 years ago
-(4-8n) -7n = help meeeeeeeeee
romanna [79]

Answer:

-4+n

Step-by-step explanation:

-4+8n-7n=

4 0
2 years ago
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