Ans. Since the annual rate is not compunded (for example, compounded monthly) you will have to pay in interest $27.41, and the total payment is $1,061.41
Step-by-step explanation:
Hi, since the balance is 1 month overdue, it means that you owe 2 months of interest to this obligation, but before we start finding the interest of your credit card, first let´s find the effective monthly equivalent rate for that 17% annual interest rate.
The formula is as follows.
Therefore
So your monthly interest rate is 1.317%. Now let´s find the amount of interests that you have to pay for 2 months. This is the formula.
Where "n" is the period of time in months that you owe to the financial institution. The result of that is:
This way, interest are = $27.41 and the total amount that you will have to pay is:
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Payment=Present Value+Interest=1,034+27.41=1,061.41
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There were 4 musicians in the bad last month
There appears to be a positive correlation between the number of hour spent studydng and the score on the test.
When identifying the independent and dependent quantities, we think about what would cause the other to change. The score on the test would not cause the number of hours spent studying to change; rather, the number of hours spent studying would cause the score to change. This means that the number of hours studying would be the independent quantity and the score would be the dependent quantity.
Plotting the graph with the time studying on the x-axis (independent) and the score on the y-axis (dependent) gives you the graph shown. You can see in the image that there seems to be a positive correlation; the data seem to generally be heading upward.
Answer:
The area of the square base is 114 in. 2
The area of each triangular face is 66 in. 2
Gabriel will need 408 in. 2 of paint
Answer:
x = 15
y = 6
z = 10
Step-by-step explanation:
Okay, let's set up the equation(s).
x = 3 + 2y
x = 3/2z
x + y + z = 31
With some algebra that God knows how came through my mind, I got this:
x = 15
y = 6
z = 10