The interest Raymond will pay this month is $54.98
What does APR mean?
APR means annual percentage rate, which means that since we are computing monthly interest, the annual rate which is the whole 12 months needs to be divided by 12 to ascertain the equivalent monthly interest rate
monthly interest=21.99%/12
What is the monthly interest amount in dollars?
The monthly interest amount in dollars is determined as the monthly interest rate multiplied by the credit card balance at the end of the month
monthly interest=$3,000*21.99%/12
monthly interest=$54.98
Find out more about credit card balance on:brainly.com/question/6872962
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Answer:
the quadratic formula is ax^2 + bx + c", if the first one is expanded out I will be 6x^2+8x+27 so that's the answer
Here are my answers to the given questions above:
Part 1. Here is my example of a real life scenario that describes what is happening. Let us say, I have 2 cookies and the bottle of milk costs 11 dollars, and 3 cookies and 4 bottles of milk cost 24 dollars.
Part 2.
y=11-2x
3x+4(11-2x)=24
3x+44-8x=24
-5x=-20
x=4
y=11-8
y=3
Therefore, each cookie costs 4 dollars, and a bottle of milk costs 3 dollars.
Hope this answer helps. Let me know if you need more help next time.
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