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uranmaximum [27]
2 years ago
8

A credit card charges 15% annual interest. What is the interest charged for one month on a balance of $900?

Mathematics
1 answer:
UNO [17]2 years ago
3 0

Answer:

1.25% monthly interest

Step-by-step explanation:

15% yearly interest

1.25% monthly interest

(15/100)/12=0.0125=1.25%

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5 0
2 years ago
4/5 minus 1/3 plz i need help
IRISSAK [1]

Answer:

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Step-by-step explanation:

Step 1

We can't subtract two fractions with different denominators. So you need to get a common denominator. To do this, you'll multiply the denominators times each other... but the numerators have to change, too. They get multiplied by the other term's denominator.

So we multiply 4 by 3, and get 12.

Then we multiply 1 by 5, and get 5.

Next we give both terms new denominators -- 5 × 3 = 15.

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12

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−  

5

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Step 2

Since our denominators match, we can subtract the numerators.

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7

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Step 3

Last of all, we need to simplify the fraction, if possible. Can it be reduced to a simpler fraction?

To find out, we try dividing it by 2...

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6 0
2 years ago
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