APR=18%
Monthly interest = 18/12=1.5%
If Caitlyn paid before due date,
amount liable for interest charges = 375-250 = $125
Interest charge for the month
=$125*1.5%
=$1.88
If a single expression is required, then
interest = (375-250)*0.018/12 = $1.88 to the nearest cent.
Answer:
New price of the ball after discount = $16.65
Step-by-step explanation:
Selling price of the soccer ball = $45
Discount labeled on the ball = 63% off
Therefore, selling price after the discount = Original selling price - %discount
= $45 - (63% of $45)
= $45 - $28.35
= $16.65
New price of the ball after discount = $16.65
Answer:
Step-by-step explanation:
Option B
Because if you start with one dollar and by day 3 you get 301 dollars and option A only gives you 8 cents on day 3 you get more money by the end of the month if you choose option B.
