Oakley charged $795 to his credit card last month. What is the first minimum payment he must make? (2 points)$25.00
1 answer:
Answer:
$31.80
Step-by-step explanation:
<u><em>The complete question is</em></u>
Use the details of Oakley's new credit card to answer the question that follows. APR 11.9% compounded monthly Grace Period 28 days Minimum Payment 4% of the remaining balance or $25, whichever is higher Oakley charged $795 to his credit card last month. What is the first minimum payment he must make?
step 1
Find out the 4% of the balance of $795
so
This amount is higher than $25,
therefore
The first minimum payment he must make is $31.80
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so the 2nd equation is really the first equation in disguise.
since both equations are the same, that means if you graph them, is just one line pancaked over the other, and the solutions points is every single one on each, namely infinitely many solutions.
Answer:
Option a. 1.2 is the correct answer
Step-by-step explanation:
Given the data in the question;
sample size n = 10
sub group = 6
The average of sample means x" = 3.2
Average range value R' = 0.6
the value of UCL for the R-chart = ?
To get the value of UCL for the R-chart, we say;
= D₄ × R'
from table of constants "Tabular values for x-bar and range charts
for size 6, the factor for control limits for range D₄ = 2.004
so we substitute
= 2.004 × 0.6
= 1.2024 ≈ 1.2
Hence, Option a. 1.2 is the correct answer.