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Kruka [31]
3 years ago
5

3. If the typical balance on Lucy's credit card is $650 and the interest rate (APR) on her credit card is 18%, how much in inter

est would you expect Lucy to be charged in a typical month?
Mathematics
1 answer:
Hitman42 [59]3 years ago
3 0
First we convert the percentage to a decimal number.  18% means 18 out of 100, so 18/100 = 0.18.  Since this is a yearly percentage and we want a monthly, we then divide this by 12.  0.18/12 = 0.015.  Next we multiply her typical balance, $650, by this decimal.  650(0.015)=$9.75 in interest for that month.
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2 years ago
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Alenkinab [10]

If Stuart starts with -$54.19 then gains $70.82, you have to add the gained amount to the origin amount. Since the origin amount is negative, you can also subtract the origin amount from the gained amount to find the amount left at the end of the month.

Add 70.82 to -54.19

-54.19 + 70.82 = 16.63

<u>Alternative method:</u>

First, subtract 54.19 from 70.82.

70.82 - 54.19 = 16.63

Add 54.19 to -54.19, bringing you to 0.

-54.19 + 54.19 = 0

Now add the remaining 16.63.

0 + 16.63 = 16.63

<h2>Answer:</h2>

<u>Stuart will have </u><u>$16.63</u><u> at the end of this month.</u>

7 0
3 years ago
A box is to be constructed from a sheet of cardboard that is 10 cm by 60 cm by cutting out squares of length x by x from each co
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Volume of a rectangular box = length x width x height<span>

From the problem statement,
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<span>
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To maximize the volume, we differentiate the expression of the volume and equate it to zero.

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So, the answer would be that the maximum volume would be 1056.31 cm^3.
</span><span>
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6 0
3 years ago
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OLga [1]

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Read 2 more answers
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