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fiasKO [112]
2 years ago
10

Shawn has a balance of $1200 on a credit card with an APR of 18.7%, compounded monthly. About how much will he save in interest

over the course of a year if he transfers his balance to a credit card with an APR of 12.5%, compounded monthly?
Mathematics
2 answers:
mina [271]2 years ago
6 0

Answer:

Answer is D = 121.51

 

Use the Compound Interest Formula


A = P (1 + (R/12)/100)^(12*n)

 

Run 2 case

 

P = 1700

 

R = 18.7, R = 12.5

 

n = 1 (as the problem is asking over the course of a year)

 

Solve for A for both the R and subtract the two values of A to obtain ~121.51

Step-by-step explanation:


STALIN [3.7K]2 years ago
3 0

Answer:

85.77

Step-by-step explanation:

APEX

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Which expression equals a number that is NOT a rational number?
rewona [7]
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<u>Step-by-step explanation:</u>

Here we have , following expressions & we need to identify which of the following is not a rational number . Let's find out:

We know that , Rational Number : A number which can be expressed in form of p/q , where q is not equal to zero !

Here Expressions are:

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Let's evaluate this expression

⇒ \frac{3(\pi) ( 3^3)}{7(\pi)}

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Let's evaluate this expression

⇒ \frac{-18}{5}

Therefore , It is a rational number ! .

  • \frac{5}{3-7-9} :

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⇒ \frac{-5}{13}

Therefore , It is a rational number ! .

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Let's evaluate this expression

⇒ \frac{3\pi.3^3}{7}

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