Shirley has a credit card that uses the previous balance method. The opening
2 answers:
Answer:
= $44.19
Step-by-step explanation:
APR = 19%
Billing cycle = 30 days
Balance = $2830
Let's first find the daily rate,
Daily rate =
The daily rate = 0.000521
To calculate the amount Shirley was charged interest for the billing cycle, we use:
Daily rate * billing cycle * balance
Where,
Daily rate
=
Billing cycle = 30 days
Balance = $2830
Therefore, expression to be used =
You might be interested in
Given:
Total amount of bonus = $1,692
Bonus received by each employee = $53
To find:
The Number of people work for Hank’s Fried Chicken.
Solution:
We need to divide the total bonus by the bonus of each employee to get the number of people work for Hank’s Fried Chicken.
Number of people must be whole number. So, approx the value to the preceding whole number.
Therefore, 31 people work for Hank’s Fried Chicken.