Ask question

Ask question

All categories

photoshop1234 [79]

3 years ago

11

Calculate the monthly finance charge if the average daily balance is $20, the daily periodic rate is 0.05%, and the number of da

ys in the cycle is 30.
a) 30 cents.
b) 31 cents.
c) 50 cents.

2 answers:

kogti [31]3 years ago

8 0

Answer:

30 cents

Step-by-step explanation:

To calculate the remaining balance we must calculate how much money must be paid per day. We can determine this using the average daily rate of 0.05% and the daily balance. Then we can multiply this with the amount of days in the cycle.

$=20*0.0005*30=0.3$

Therefore the monthly finance charge is 30 cents

mylen [45]3 years ago

6 0

To solve the problem above, we must first find the daily finance charge and multiply it by 30, for the number of days in the month cycle is 30. 0.05% or 0.0005 times $20 is $ 0.01, or 1 cent. Multiply that by 30 to get the monthly finance charge which is, 0.01 x 30 = $ 0.30 or 30 cents. The Answer is A. 30 cents.

You might be interested in

Consider the function <br>f(x) = 8x^3 +1.<br><br> If f(g(x)) = x and g(f(x)) = x , find g(x) ?

Elena L [17]

$g( \: f(x) \: ) = x$

And

$f( \: g(x) \: ) = x$ _________________________________

So :

$g(x) = {f}^{ - 1}(x)$

And

$f(x) = {g}^{ - 1}(x)$

_________________________________

So to find g(x) , we must find the inverse of f(x) .

Let's do it .....

$f(x) = 8 {x}^{3} + 1$

$y = 8 {x}^{3} + 1$

Subtract the sides of the equation minus 1

$y - 1 = 8 {x}^{3}$

Divided the sides of the equation by 8

$\frac{y - 1}{8} = {x}^{3} \\$

From the sides of the equation, we take the radical with interval 3

$\sqrt[3]{ \frac{y - 1}{8} } = x \\$

$\sqrt[3]{ \frac{1}{8}(y - 1) } = x \\$

$\frac{1}{2} \sqrt[3]{y - 1} = x \\$

$\frac{ \sqrt[3]{y - 1} }{2} = x \\$

So ;

${f}^{ - 1}(x) = \frac{ \sqrt[3]{x - 1} }{2} \\$

Now we find g(x) which is :

$g(x) = \frac{ \sqrt[3]{x - 1} }{2} \\$

_________________________________

And we're done.

Thanks for watching buddy good luck.

♥️♥️♥️♥️♥️

7 0

3 years ago

The volume of a pentagonal pyramid is 32 in. What is the volume if all of the

Korolek [52]

Answer:

OD) 4000

Step-by-step explanation:

Volume of a pentagonal pyramid = Area of base x height

Since every dimension is multiplied by 5,

Area is multiplied by 5² and height by 5

So volume is multiplied by 5^3 = 125

The volume = 125 x 32 = 4000

6 0

3 years ago

In the carnival game "chuck-a-luck", you pick a number from 1 to 6 and roll 3 dice in succession. If your number comes up all th

Anestetic [448]

Answer:

42 cents

Step-by-step explanation:

Data provided in the question:

Random variable i.e gain with values 3,2,1,-1.

Now,

The corresponding probabilities will be as follows:

$P(3)=(\frac 16)^{3}$

$P(2)=3\times(\frac 16)^{3}$

$P(1)=3\times(\frac 16)^{3}$

$P(-1)=1-7(\frac 13)^{3}$

Expected gain = $3\times(\frac 16)^{3}+2\times3\times(\frac 16)^{3}+1\times3\times(\frac 16)^{3}-1\times\left(1-7\times(\frac 13)^{3}\right)$

Expected gain = $(\frac 13)^{3}[3+6+3-(0.7407)]$

$=(\frac 16)^{3}[11.2593]=0.4170$

≈ 42 cents

7 0

3 years ago

19. Find the value of:<br>4/3tan^2 30° + Sin^2 60° – 3Cos^2 30°+ 3tan^2. 60° - 2tan^2 45°

Julli [10]

9514 1404 393

Answer:

107/18

Step-by-step explanation:

Your calculator and/or knowledge of trig function values can help you evaluate this.

= 4/3(1/3) +3/4 -3(3/4) +3(3) -2(1)

= 4/9 +3/4 -9/4 +9 -2

= 107/18

___

tan(30°) = 1/√3

tan(45°) = 1

tan(60°) = √3

sin(60°) = cos(30°) = √3/2

7 0

3 years ago

What is an equation of the line, in point-slope form, that passes through the given point and has the given slope? point: (8,-8)

creativ13 [48]

Point slope is y-y1= m(x-x1) where m is slope

Plug the values in:
y-(-8)=3(x-8)

Simplify:
y+8=3(x-8)

3 0

4 years ago