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nikdorinn [45]
3 years ago
6

Which of the following are true if you pay only the minimum amount each month towards your credit card bill? AYou will be charge

d interest on your remaining balance. BYour Annual Percentage Rate will increase. CYou may be in debt for a long time. DBoth A and B are true.
Mathematics
2 answers:
faust18 [17]3 years ago
8 0

Answer:

A- You will be charged interest on your remaining balance.

C- You may be in debt for a long time.

Step-by-step explanation:

The following are true if you pay only the minimum amount each month towards your credit card bill:

Firstly one will be charged interest on the remaining amount. Suppose you had a bill of $500. But you paid the minimum of $100. So, you will be charged your standard interest rate on $400.

And with this format, one will be in a debt for a long time as each month some new balance will be added to the previous one.

So, options A and C are true.

B is not true as the interest rates are not changed during the cycle.

Arte-miy333 [17]3 years ago
7 0

Option A is correct that you will be charged interest on your remaining balance.

Further Explanation:

If a person pays minimum amount each month towards the credit card bill then he will be charged on the remaining amount and in the long run the person may be in depth.

Option A is correct as the person will be charged interest on the remaining balance if he pays a minimum amount on a bill.

Option B is not correct as Annual Percentage rate will not increase because it doesn’t depends on amount or remaining balance.

Option C is not correct because the amount of a bill is decreases each month as the person is paying the minimum amount each month.

Option D is not correct because Annual Percentage rate will not increase because it doesn’t depends on amount or remaining balance.

Hence,Option A is correct that you will be charged interest on your remaining balance.

Learn more:

1. Learn more about inverse of the functionhttps://brainly.com/question/1632445.

2. Learn more about equation of circle brainly.com/question/1506955.

3. Learn more about range and domain of the function brainly.com/question/3412497

Answer details:

Grade: High School

Subject: Mathematics

Chapter: Credit Risk

Keywords: interest, amount, loan, credit card, debit card, bill, minimum amount, remaining balance, Annual Percentage Rate, depth, long time, monthly payment.

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The amount of potato chips an 18-ounce bag contains follows a normal distribution with a mean of 18.5 ounces and a standard devi
bekas [8.4K]

Answer:

100% probability that the sample mean weight of these 100 bags is less than 18.6 ounces

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal probability distribution

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean \mu and standard deviation \sigma, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean \mu and standard deviation s = \frac{\sigma}{\sqrt{n}}.

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

In this question, we have that:

\mu = 18.5, \sigma = 0.2, n = 100, s = \frac{0.2}{\sqrt{100}} = 0.02

What is the probability that the sample mean weight of these 100 bags is less than 18.6 ounces

This is the pvalue of Z when X = 18.6. So

Z = \frac{X - \mu}{\sigma}

By the Central Limit Theorem

Z = \frac{X - \mu}{s}

Z = \frac{18.6 - 18.5}{0.02}

Z = 5 has a pvalue of 1

100% probability that the sample mean weight of these 100 bags is less than 18.6 ounces

7 0
3 years ago
Consider the points A(5, 3t+2, 2), B(1, 3t, 2), and C(1, 4t, 3). Find the angle ∠ABC given that the dot product of the vectors B
Vilka [71]

Answer:

66.42°

Step-by-step explanation:

<u>Given:</u>

A(5, 3t+2, 2)

B(1, 3t, 2)

C(1, 4t, 3)

BA • BC = 4

Step 1: Find t.

First we have to find vectors BA and BC. We do that by subtracting the coordinates of the initial point from the coordinates of the terminal point.

In vector BA B is the initial point and A is the terminal point.

BA = OA - OB = (5-1, 3t+2-3t, 2-2) = (4, 2, 0)

BC = OC - OB = (1-1, 4t-3t, 3-2) = (0, t, 1)

Now we can find t because we know that BA • BC = 4

BA • BC = 4

To find dot product we calculate the sum of the produts of the corresponding components.

BA • BC = (4)(0) + (2)(t) + (0)(1)

4 = (4)(0) + (2)(t) + (0)(1)

4 = 0 + 2t + 0

4 = 2t

2 = t

t = 2

Now we know that:

BA = (4, 2, 0)

BC = (0, 2, 1)

Step 2: Find the angle ∠ABC.

Dot product: a • b = |a| |b| cos(angle)

BA • BC = 4

|BA| |BC| cos(angle) = 4

To get magnitudes we square each compoment of the vector and sum them together. Then square root.

|BA| = \sqrt{4^2 + 2^2 + 0^2} = \sqrt{20} = 2\sqrt{5}

|BC| = \sqrt{0^2 + 2^2 + 1^2} = \sqrt{5}

2\sqrt{5}\sqrt{5}\cos{(m\angle{ABC})} = 4

10\cos{(m\angle{ABC})} = 4

\cos(m\angle{ABC}) = \frac{4}{10}=\frac{2}{5}

m\angle{ABC} = cos^{-1}{(\frac{2}{5})}

m\angle{ABC} = 66.4218^{\circ}

Rounded to two decimal places:

m\angle{ABC} = 66.42^\circ

3 0
2 years ago
I’m stuck on this question can anyone help me?
ch4aika [34]

Answer: REE thats high school work

Step-by-step explanation:

7 0
3 years ago
To the nearest hundredth, what is the value of A(6)? (Use 3.14 for .)
ELEN [110]
I believe you multiply 1 by 6 because there is an invisible 1 infront of that a then you divide 3.14 to the 2 power And you might get your answer
5 0
3 years ago
What is the solution to this
sergeinik [125]

Answer:

D.) 8x^2+11x-9

Step-by-step explanation:

5x^2 -(-3x^2) =8x^2

7x -(-4x) =11x

-4 -5 =-9

Hope it helps

4 0
3 years ago
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