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3 years ago

7

A credit card company calculates its minimum monthly payment as 4% of the credit card balance or $30, whichever is greater. If E

mile Fritz has a credit balance of $385.48, what is his minimum monthly payment (in dollars)?

1 answer:

kipiarov [429]3 years ago

6 0

Answer:

$30

Step-by-step explanation:

4% of 385.48

= 0.04(385.48)

= 15.4192

30 is greater the 15.4192,

Monthly payment would be $30

You might be interested in

What is least to greatest 2/8 2/1 3/4 5/6 7/6

yKpoI14uk [10]

Answer:

2/8, 3/4, 5/6, 7/6, 2/1

Step-by-step explanation:

To convert the fractions into ascending order (least to greatest):

1. Determine the LCM (Least common multiple) of the denominators.

2. Then, using the LCM, multiply such number to the denominators such that the product is equivalent to the LCM of the denominators.

Note: The number we multiply to the denominator must also be multiplied to the numerator.

3. Finally, create the set, in ascending order.

<h3>Determine the LCM of the denominators:</h3>

Given fraction set;

$\dfrac{2}{8} ; \ \dfrac{2}{1}; \ \dfrac{3}{4}; \ \dfrac{5}{6};\ \dfrac{7}{6}$

Therefore, the denominators of the fraction set are;

$\implies \text{Denominators: 8, 1, 4, 6, 6}$

Determining the LCM using Division method;

$\ \ \underline{................}\\2\underline{| 8, 1, 4, 6, 6}\\ 2\underline{|4, 1, 2, 3, 3} \\ 2\underline{|2,1,1,3,3} \\3 \underline{|1, 1,1,1,1}$

LCM of denominators: 2 × 2 × 2 × 3 = 24

<h3>Multiplying the denominators:</h3>

LCM of denominators: 24

<u>Multiply such number such that the denominators are equivalent to 24.</u>

$\implies \dfrac{2}{8} ; \ \dfrac{2}{1}; \ \dfrac{3}{4}; \ \dfrac{5}{6};\ \dfrac{7}{6}$

$\implies \dfrac{2 \times 3}{8 \times 3} ; \ \dfrac{2 \times 24}{1 \times 24} ; \ \dfrac{3 \times 6}{4 \times 6} ; \ \dfrac{5 \times 4}{6 \times 4} ; \ \dfrac{7 \times 4}{6 \times 4}$

$\implies \dfrac{6}{24} ; \ \dfrac{48}{24} ; \ \dfrac{18}{24} ; \ \dfrac{20}{24}; \ \dfrac{28}{24}$

<h3>Creating the set, in ascending order;</h3>

<u>Simply compare the fractions and put them in "smallest to biggest" order.</u>

$\implies \dfrac{6}{24} ; \ \dfrac{48}{24} ; \ \dfrac{18}{24} ; \ \dfrac{20}{24}; \ \dfrac{28}{24}$

$\implies \dfrac{6}{24} < \dfrac{18}{24} < \dfrac{20}{24} < \dfrac{28}{24} < \dfrac{48}{24}$

$\implies \dfrac{6}{24} \ \ \huge{\text{(}\dfrac{2}{8} } \text{)}; \ \dfrac{18}{24} \ \huge{\text{(}\dfrac{3}{4}\huge{\text{)} ; \ \dfrac{20}{24} \ \huge{\text{(}\dfrac{5}{6} \huge{\text{)} ; \ \dfrac{28}{24} \ \huge{\text{(} \dfrac{7}{6} \huge{\text{)}; \ \dfrac{48}{24} \ \huge{\text{(} \dfrac{2}{1} \huge{\text{)}$

Therefore, the set, in ascending order, is 2/8, 3/4, 5/6, 7/6, 2/1

Learn more about this topic: <u>brainly.com/question/27432239</u>

8 0

2 years ago

A report revealed that the average no. of months that an employee stays in a factory is 36 months. Assuming that

Masja [62]

Answer:

a) P [X ≥ 30 ] = 0,8413 or 84,13%

b) P [X < 24] = 0,0228 or 2,28 %

c) P [ 24 < X < 48 ] = 0,9544 or 95,44%

Step-by-step explanation:

z = ( X - μ₀ )/σ

μ₀ the mean ( average no. of months that an employee stay in a factory)

σ standard deviation

a) P [X ≥ 30 ] = 1 - P [X < 30 ]

P [X < 30 ]

We look for z (score)

z = ( X - μ₀ )/σ ⇒ z = 30 - 36 / 6

z = - 1

From z table we get for -1

P [X < 30 ] = 0,1587

And

P [X ≥ 30 ] = 1 - P [X < 30 ] ⇒ P [X ≥ 30 ] = 1 - 0,1587

P [X ≥ 30 ] = 0,8413 or 84,13%

b) P [X < 24]

z (score) = ( 24 - 36 ) / 6

z( score) = -2

And from z table we get:

P [X < 24] = 0,0228 or 2,28 %

c) P [ 24 < X < 48 ] is P[X ≤ 48] - P[X ≤ 24]

P [X < 48]

s (score) = 48 - 36 / 6 ⇒ z = 2

P [X < 48] = 0,9772

Then

P [ 24 < X < 48 ] = 0,9772 - 0,0228

P [ 24 < X < 48 ] = 0,9544 or 95,44%

3 0

3 years ago

What is 6.30 rounded to the nearest tenth?

Lady_Fox [76]

It's rounded to 6.3
:)

3 0

3 years ago

Read 2 more answers

Describe how the shapes moves to get from its position in each frame from the next.

Colt1911 [192]

Answer:

Mark me as brain list plz for fun I need to get my expert rank

Step-by-step explanation:

There is no attachment to see any grams post then I will answer

3 0

2 years ago

Find the midpoint of the segment with the following endpoints.

sergij07 [2.7K]

Answer:

( 5.5 , 4 )

Step-by-step explanation:

Use mid point formula shown in image

first x= (X+X)/2

x=(4+7)/2

x=11/2

x=5.5

y=(Y+Y)/2

y=(2+6)/2

y=8/2

y=4

(5.5,4)

4 0

3 years ago