Answer:
$86.81
Step-by-step explanation:
Using the given formula, we want to compute A for ...
P = 4750
r = 0.2279
n = 365 . . . . . assuming "exact" interest
t = 1 or 30
For 1 day late:
A = 4750(1 +0.2279/365)^(365·(1/365)) = 4752.97
For 30 days late:
A = 4750(1 +0.2279/365)^(365·(30/365)) = 4839.78
The difference in these payment amounts is ...
$4839.78 -4752.97 = $86.81
You would save $86.81 in interest charges by paying only 1 day late.
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<em>Comment on the question</em>
It would be a poor choice of credit card to use one that compounds interest daily. Most do so on a monthly basis.
Answer: C) (9000x5) + (300x5) + (8~5) + (1x5)
Step-by-step explanation:
First Find what 9381 times 5 is.
9381x5=46108
Now Find out all the equations.
9000x5= 45000
300x5=1500
8-5=3
1*5=5
Now Add it all up.
45000+1500=46100
46100+3=46103
46103+5=46108
So, Your Answer is (C)
Your Welcome.
Cross multiplication
or multiplying by a number which goes in both rates
<span>statements is not true
</span><span>D. -a = c
-a should be equal d, not c</span>
Answer:
Step-by-step explanation:
((14×3) + 1 )/3 = (43/3)
