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qwelly [4]
3 years ago
7

Susan has a credit card balance of $4000. Her annual interest rate is 18%. If she pays $366.72 a month she will pay the balance

off in 1 year. If she pays $199.70 a month she will pay the balance off in 2 years. What is the overall financial benefit of Susan paying the credit card balance off in 1 year instead of 2?
Mathematics
1 answer:
vovikov84 [41]3 years ago
4 0
<h3>Answer:</h3>

$392.16 in interest saved

<h3>Step-by-step explanation:</h3>

The payoff in 1 year costs a total of 12 × $366.72 = $4400.64.

The payoff in 2 years costs a total of 24 × $199.70 = $4792.80.

Paying off the balance in 1 year saves interest charges of ...

... 4792.80 -4400.64 = $392.16


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HELP with these questions
zlopas [31]

<u>Step-by-step explanation:</u>

transform the parent graph of f(x) = ln x        into f(x) = - ln (x - 4)  by shifting the parent graph 4 units to the right and reflecting over the x-axis

(???, 0): 0 = - ln (x - 4)

            \frac{0}{-1} = \frac{-ln (x - 4)}{-1}

            0 = ln (x - 4)

            e^{0} = e^{ln (x - 4)}

             1 = x - 4

          <u> +4 </u>  <u>    +4 </u>

             5 = x

(5, 0)

(???, 1): 1 = - ln (x - 4)

            \frac{0}{-1} = \frac{-ln (x - 4)}{-1}

            1 = ln (x - 4)

            e^{1} = e^{ln (x - 4)}

             e = x - 4

          <u> +4 </u>   <u>    +4 </u>

         e + 4 = x

          6.72 = x

(6.72, 1)

Domain: x - 4 > 0

                <u>  +4 </u>  <u>+4  </u>

               x       > 4

(4, ∞)

Vertical asymptotes: there are no vertical asymptotes for the parent function and the transformation did not alter that

No vertical asymptotes

*************************************************************************

transform the parent graph of f(x) = 3ˣ        into f(x) = - 3ˣ⁺⁵  by shifting the parent graph 5 units to the left and reflecting over the x-axis

Domain: there is no restriction on x so domain is all real number

(-∞, ∞)

Range: there is a horizontal asymptote for the parent graph of y = 0 with range of y > 0.  the transformation is a reflection over the x-axis so the horizontal asymptote is the same (y = 0) but the range changed to y < 0.

(-∞, 0)

Y-intercept is when x = 0:

f(x) = - 3ˣ⁺⁵

      = - 3⁰⁺⁵

      = - 3⁵

      = -243

Horizontal Asymptote: y = 0  <em>(explanation above)</em>

5 0
3 years ago
Solve the formula for the variable 1. f = 1/2(r 6.5)
Elina [12.6K]
F = 1/2(r + 6.5)
2f = r + 6.5
r = 2f - 6.5
8 0
3 years ago
A man invests a certain amount of money at 2% interest and $800 more than that amount in another account at 4% interest. At the
Alex777 [14]
112 dallors interest beca0.02x + 0.04(800) = 112 0.02x + 0.04(x + 800) = 112 0.04x + 0.02(x + 800) = 112 use 
6 0
4 years ago
Read 2 more answers
What is the distance between Point A: (-4, -3) and Point B (1, 4) ?
Sholpan [36]

Answer:

sq rt 74 which is approx 8.6

Step-by-step explanation:

use distance formula

6 0
2 years ago
There are nine water bottles in a fridge. Three full boxes are added. Two more boxes are added, both of which have one fewer bot
Degger [83]

The number of bottles in a full box is 12.

<u><em>Explanation</em></u>

Suppose, the number of bottles in a full box is  x

So, the number of bottles in <u>three</u> full boxes =3x

Now, two more boxes are added, both of which have <u>one fewer bottle than the other three</u>. So, the number of bottles in these two boxes = 2(x-1)

As there were 9 bottles initially and now there are 67 bottles in the fridge, <em><u>so the equation will be</u></em>....

9+3x+2(x-1)=67\\ \\ 9+3x+2x-2=67\\ \\ 5x+7=67\\ \\ 5x=67-7\\ \\ 5x=60\\ \\ x=\frac{60}{5}=12

Thus, the number of bottles in a full box is 12.

7 0
3 years ago
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