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3 years ago

Which behaviors might lead someone to have a low credit score?

2 answers:

6 0

If you do not pay off your credit card amount due, there is an interest which is when your rate of how much you are owing goes up the longer you put off on paying it. So if you do not pay your bills that will cause a low credit score.

zheka24 [161]3 years ago

5 0

Not paying bills on time, or buying something you cant pay off.

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Kathryn deposits 100 into an account at the beggining of each 4 year period for 40 years. The account credits interest at an eff

OleMash [197]

Answer:

6194.84

Step-by-step explanation:

Using the formula for calculating accumulated annuity amount

F = P × ([1 + I]^N - 1 )/I

Where P is the payment amount. I is equal to the interest (discount) rate and N number of duration

For 40 years,

X = 100[(1 + i)^40 + (1 + i)^36 + · · ·+ (1 + i)^4]

=[100 × (1+i)^4 × (1 - (1 + i)^40]/1 − (1 + i)^4

For 20 years,

Y = A(20) = 100[(1+i)^20+(1+i)^16+· · ·+(1+i)^4]

Using X = 5Y (5 times the accumulated amount in the account at the ned of 20 years) and using a difference of squares on the left side gives

1 + (1 + i)^20 = 5

so (1 + i)^20 = 4

so (1 + i)^4 = 4^0.2 = 1.319508

Hence X = [100 × (1 + i)^4 × (1 − (1 + i)^40)] / 1 − (1 + i)^4

= [100×1.3195×(1−4^2)] / 1−1.3195

X = 6194.84

4 0

3 years ago

Read 2 more answers

BRAINIST & 30 POINTS

soldier1979 [14.2K]

Answer:

DF= 33

Step-by-step explanation:

The ratio is equal to 6:5:1 Which can be changed into 18:15:3

Since DE=18 and EF=15 you simply add and = 33

7 0

2 years ago

To determine her power usage, Keri divides up her day into three parts: morning, afternoon, and evening. She then measures he

marusya05 [52]

Answer:

Stratified Sampling

Step-by-step explanation:

Since Keri divides the day into different strata and each unit is selected from each strata randomly. So, it is Stratified Sampling.

Further, In Stratified Sampling population is divided into several groups such that within the group it is homogeneous and between the group it is heterogeneous. And now a selection of each stratum and unit has an equal chance of selection.

3 0

3 years ago

2. What is the product of 4 2/3 and 11 1/4?

Lerok [7]

$4 \frac{3}{4} ~*~ 11\frac{1}{4} = \frac{14}{3} ~*~ \frac{45}{4} = \frac{630}{12}=52 \frac{6}{12} =[52 \frac{1}{2} ]$

3 0

3 years ago

You have 250,000 In an IRA at the time you retire.You have the option of investing this money in two funds.Fund A pays 1.2% annu

krok68 [10]

Let x be the amount of money, you fund in Fund A and y be the amount of mone yyou fund in Fund B.

1. You have 250,000 In an IRA at the time you retire and want to invest this money into Funds A and B, then

$x+y=250,000.$

2. Fund A pays 1.2% (as a decimal 1.2% is 0.012) annually, then $x\cdot 0.012=0.012x$ is annual interest income in Fund A.

Fund B pays 6.2% (as a decimal 6.2% is 0.062) annually, then $y\cdot 0.062=0.062y$ is annual interest income in Fund B.

Since Fund A and Fund B produce an annual interest income of $8,000, then

$0.012x+0.062y=8,000.$

3. Solve the system of equations:

$\left\{\begin{array}{l}x+y=250,000\\0.012x+0.062y=8,000.\end{array}\right.$

Express x from first equation $x=250,000-y$ and substitute it into the second equation

$0.012(250,000-y)+0.062y=8,000.$

Multiply this equation by 1000:

$12(250,000-y)+62y=8000,000,\\ \\3000,000-12y+62y=8000,000,\\ \\62y-12y=8000,000-3000,000,\\ \\50y=5000,000,\\ \\y=100,000$

Then

$x=250,000-100,000=150,000.$

Answer: you have to fund $150,000 in Fund A and $100,000 in Fund B.

8 0

2 years ago