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lys-0071 [83]
3 years ago
5

Frank has four different credit cards, the balances and interest information of which are outlined in the table below. He would

like to consolidate his credit cards to a single credit card with an APR of 18% and pay off the balance in 24 months. What will his monthly credit card payment be?
Credit Card Balance APR A $2,380 19% B $4,500 15% C $1,580 17.50% D $900 21%

a. $390.00 b. $462.91 c. $467.29 d. $52.00
Mathematics
2 answers:
Free_Kalibri [48]3 years ago
7 0

The correct answer would be option <u><em>C) $467.29. </em></u>I just did the exam on Edge and got it right.

Brums [2.3K]3 years ago
6 0

Answer:

  c.  $467.29

Step-by-step explanation:

The total of balances is $9360. The payment can be computed using the amortization formula:

  A = P(r/12)/(1 -(1 +r/12)^-n)

where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.

Filling in your numbers, we have ...

  A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29

Frank's monthly credit card payment will be $467.29.

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What number line shows the solutions to n is greater than -2?
omeli [17]

Answer:

Well there aren't any options but a number line pointing right with the circle being empty (For example, ○) on the point -2.

6 0
3 years ago
Use the grid to create a model to solve the percent problem.
Delicious77 [7]
For this case we can make the following rule of three:
 21 ------> 70%
 x --------> 100%
 Clearing x we have:
 x = (100/70) * (21)
 Rewriting we have:
 x = (10/7) * (21)
 x = 30
 Thus,
 21 is 70% of 30
 Answer:
 
21 is 70% of 30
6 0
3 years ago
Four friends go to the movies and pay $11 per ticket. They also each buy a snack
Setler79 [48]

Answer:

Each snack combo costed $8

Step-by-step explanation:

4 friends* 11 per ticket = $44 for four tickets

76 - 44 = $32 spent on all the snack combos

$32 ÷ 4 friends = $8 spent on each snack combo

So, each snack combo costed $8

Hope this helps!

6 0
2 years ago
Read 2 more answers
The volume of the shape below is 6 square units. Determine the volume of the shape in two different ways.
REY [17]

The volume of the shape is 6 cubic units

<h3>How to determine the volume of the shape?</h3>

<u>Method 1</u>

From the figure, we can see that:

  • There are 6 cubes in the figure
  • The dimensions of the cubes are equal
  • The volume of each cube is 1 cubic unit

So, the volume of the shape is

Volume = Number of cubes * Volume of each cube

Substitute the known values in the above equation

Volume = 6 * 1

Evaluate

Volume = 6

<u>Method 2</u>

From the figure, we can see that:

  • There are 6 cubes in the figure
  • 2 cubes at the top and 4 at the bottom
  • The dimensions of the cubes are equal
  • The volume of each cube is 1 cubic unit

So, the volume of the shape is

Volume = Top cubes +  Bottom cubes

This gives

Volume = 2 * Volume of each cube + 4 * Volume of each cube

Substitute the known values in the above equation

Volume = 2 * 1 + 4 * 1

Evaluate

Volume = 6

Hence, the volume of the shape is 6 cubic units

Read more about volumes at:

brainly.com/question/1972490

#SPJ1

5 0
2 years ago
A local orange grower processes 2,330 oranges from his grove this year. The oranges are packaged in crates that each holds 96 or
maw [93]

Answer:

13

Step-by-step explanation:

Given parameters:

Number of oranges processed by grower  = 2330 oranges

Number of oranges per crate  = 96

Unknown:

Number unpacked oranges

Solution:

To solve this problem, divide the total number of oranges by the number of oranges per crate;

  Number of unpacked oranges  = \frac{2330}{96}  

  Number of unpacked oranges  = 24 \frac{13}{48}  

The remaining unpacked is 13.

7 0
3 years ago
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