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dimaraw [331]
2 years ago
12

What would the one-month interest be for a $5,000 credit card balance with a 12% APR?

Mathematics
2 answers:
nydimaria [60]2 years ago
4 0
I think the answer is 50$ tell me if I’m right :)$
Ilia_Sergeevich [38]2 years ago
3 0

Answer:

$50

Step-by-step explanation:

Personally I use a debit and I don't "own" my own card so I'm not good with this stuff quite yet. I looked up a calculator though and $50 seems to be it. (minimum time was 3 months so I divided it by 3 to get $50.)

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Radda [10]

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5 0
3 years ago
Suppose a casino invents a new game that you must pay $250 to play. The game works like this: The casino drawsrandom numbers bet
Ira Lisetskai [31]

Answer:

clc%clears screen

clear all%clears history

close all%closes all files

p=250;

M=[];

for i=1:100000

re=0;

S=0;

while(S<=1)

S=S+rand;

re=re+100;

end

M(i)=re;

end

disp('Expected received money is');

mean(M)

disp('Since expcted is greater than what we pay. So, we will play')

Step-by-step explanation:

6 0
2 years ago
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