Answer:
No solution
Step-by-step explanation:
Lets consider the equation 2.
Here we multiply the LHS and RHS with (-1).
Hence,
When we add the equations we get,
As 0 doesn't equal to -1, answer is d) No solution
Which is NOT a good reason to perform step 1 in the solution shown?
1 answer:
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Answer:
24
Step-by-step explanation:
Marilyn's finance charge at the end of the first month will be
$991.38 × 0.199/12 = $16.44
The balance subject to the next month's finance charge will be
$991.38 +16.44 -410.00 = $597.82
The finance charge at the end of the second month will be
$597.82 × 0.199/12 = $9.91
The balance remaining after the second payment will be
$597.82 +9.91 -410.00 = $197.73
The finance charge applied at the end of the third month is
$197.73 × .199/12 = $3.28
so Marilyn can make one final payment of
$197.73 +3.28 = $201.01
to pay off the balance.
In all, Marilyn has paid 2×$410.00 +201.01 =
$1021.01 . . . . . . . . corresponds to the first choice
_____
In real life, Marilyn's credit card may not accrue any finance charge until after the first statement on which the charge appears. Thus the total cost of the purchase may be only $1004.02. The attached spreadsheet shows the beginning balance and the finance charges for each month for the two different scenarios.
$991.38 × 0.199/12 = $16.44
The balance subject to the next month's finance charge will be
$991.38 +16.44 -410.00 = $597.82
The finance charge at the end of the second month will be
$597.82 × 0.199/12 = $9.91
The balance remaining after the second payment will be
$597.82 +9.91 -410.00 = $197.73
The finance charge applied at the end of the third month is
$197.73 × .199/12 = $3.28
so Marilyn can make one final payment of
$197.73 +3.28 = $201.01
to pay off the balance.
In all, Marilyn has paid 2×$410.00 +201.01 =
$1021.01 . . . . . . . . corresponds to the first choice
_____
In real life, Marilyn's credit card may not accrue any finance charge until after the first statement on which the charge appears. Thus the total cost of the purchase may be only $1004.02. The attached spreadsheet shows the beginning balance and the finance charges for each month for the two different scenarios.