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forsale [732]
4 years ago
11

Patrick's credit card has an apr of 17% calculated on the previous monthly balance and minimum a payment of 2%starting the month

after the first purchase his credit card record for the last 7 months is shown in the table below
how much of the 4400 charge that Patrick made in the first month has been paid off?​

Mathematics
1 answer:
PilotLPTM [1.2K]4 years ago
4 0

Answer:

  $151.78

Step-by-step explanation:

The sum of the amounts in the "Principal Paid" column is ...

  $25.67 +25.52 +25.37 +25.22 +25.07 +24.93 = $151.78

The amount Patrick has paid against his original charge is $151.78.

_____

<em>Comment on minimum payment</em>

If Patrick continues to make the minimum payment, it will take more than 70 years for the balance remaining to drop below $25. In that time, Patrick will have paid about $15,000 to the credit card company.

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Solve the following equation for d.<br><br> m+1/6rd = 7
Amanda [17]

Answer: d = 42/r - 6m/r

Step-by-step explanation: Isolate the variable by dividing each side by factors that don't contain the variable.

8 0
3 years ago
Ali hops on his 3 wheeler and heads off at 12 mph. Two hours later, Fatimah chases after him on a moped at 18 mph. How far will
mash [69]

Answer: 72 miles.

Step-by-step explanation:

We know the relationship:

Distance = speed*time.

Then we can write the equation for distance as a function of time for Ali as:

A(t) = 12mph*t

where t is time in hours.

Fatimah's equation will be:

F(t) = 18mph*(t - 2h)

where the -2h appears because she starts two hours after Ali.

Fatimah will overtake Ali when F(t) = A(t) (their positions are the same)

Then we need to solve:

12mph*t = 18mph*(t - 2h)

12mph*t = 18mph*t - 18mph*2h

12mph*t = 18mph*t - 36 mi

36 mi = (18mph - 12mph)*t

36mi = 6mph*t

36mi/6mph = t

6h = t

So Ali travels for 6 hours before he gets overtaken, then the total distance that Ali travels is:

A(6h) = 12mph*6h = 72 mi

3 0
3 years ago
Alexander purchased a computer on sale. The regional price was $1200. The sale price was 5/6 of the original price. How much did
mel-nik [20]
5/6 * 1200/1 = 6000/6
6000/6 = 1000
Alexander pay $1000 for the computer.
5 0
4 years ago
How many ways can 100 be written as the sum of distinct integers from the set {1, 2,..., 15}?
konstantin123 [22]

Answer:

48 ways

Step-by-step explanation:

Let me take a guess

S₁_₁₅ = (1+15)*7 + 8 = 120

There are 48 combinations of distinct digits from 1 to 15 to make 20

120-20=100

So every 20 has a corresponding 100

I wish I got it right, otherwise report it.

4 0
3 years ago
What is the solution to the equation 1 over 2 multiplied by n equals 7?
Minchanka [31]

Answer:

n=14

Step-by-step explanation:

multiply both sides by two to get rid of 1/2 and you find n=14

7 0
3 years ago
Read 2 more answers
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