The average daily balance for the month was $84.21, and the finance charge for the month was $30.13.
<h3><u>Averages</u></h3>
Given that Sally's balance on her credit card is $75.00 on the first day of August, and she makes a payment of $18.00 on August 17 and a new purchase of $41.00 on August 29, and the annual interest rate is 21.25%, to determine what is Sally's average daily balance and finance charge for the month of August, the following calculation must be made:
- 75 x ((21.15/12 x 16) / 100) + 75 = A = 86.89
- 57 x ((21.15/12 x 13) / 100) + 57 = B = 70.06
- 98 x ((21.15/12 x 3) / 100) + 98 = C = 103.18
- (86.89 x 16 + 70.06 x 13 + 103.18 x 3) / 31 = X
- 84.21 = X
- 86.89 + 70.06 + 103.18 - 75 - 57 - 98 = Y
- 30.13 = Y
Therefore, the average daily balance for the month was $84.21, and the finance charge for the month was $30.13.
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The answer to this is Y = 1
Answer:
a)
AB is on the latitude 30°N.
<u>Find AB:</u>
- AB = 2*3.142*6400*cos 30°*(32+35)/360 = 6482.15 km
BC is along longitude 35°W
<u>Find BC:</u>
- BC = 2*3.142*6400*(30 + 20)/360 = 5585.77 km
<u>Total distance traveled:</u>
- 6482.15 + 5585.77 = 12067.92 km
<u>Convert the distance to nautical miles:</u>
12067.92/1.86 = 6488.13 nautical miles
b)
<u>Find the average speed:</u>
- 6488.13/22 = 294.92 nautical miles / hour
<u>Note</u>. <em>This is unrealistically high speed for a ship, this must be a plane or the time given wrong.</em>
Answer:the first one
Step-by-step explanation: rise over run