Answer:
p = 3
Step-by-step explanation:
distribute parenthesis on both sides of the equation
10p - 3p + 4 = 4p + 4 + 9 ( simplify both sides )
7p + 4 = 4p + 13 ( subtract 4p from both sides )
3p + 4 = 13 ( subtract 4 from both sides )
3p = 9 ( divide both sides by 3 )
p = 3
Ans. Since the annual rate is not compunded (for example, compounded monthly) you will have to pay in interest $27.41, and the total payment is $1,061.41
Step-by-step explanation:
Hi, since the balance is 1 month overdue, it means that you owe 2 months of interest to this obligation, but before we start finding the interest of your credit card, first let´s find the effective monthly equivalent rate for that 17% annual interest rate.
The formula is as follows.
Therefore
So your monthly interest rate is 1.317%. Now let´s find the amount of interests that you have to pay for 2 months. This is the formula.
Where "n" is the period of time in months that you owe to the financial institution. The result of that is:
This way, interest are = $27.41 and the total amount that you will have to pay is:
<h2>
Payment=Present Value+Interest=1,034+27.41=1,061.41
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758, you go by the one's number first. 5 and up rounds up to 10, so we goto the next number 50, 5 rounds up to 10, so up from 50 goes to the next hundred. 800 is the nearest hundred.
Answer:
-2.15
Step-by-step explanation:
Plug it into the calculator and it should give you the same answer.
