Since he has to give 50, and 12.25*p is the amount of money he has to spend (since it's 12.25 per pizza), we have 50-12.25=change
12 I think, because area = base times height, so if you work backwards and divide 84 by 7 it equals 12
Annual Rate = 16% = 16/100 = 0.16
Monthly Rate = (annual rate)/12
Monthly Rate = (0.16)/12
Monthly Rate = 0.01333 ... this is approximate
Finance Charge = (Monthly Rate)*(Previous Balance)
Finance Charge = (0.01333)*(179.32)
Finance Charge = 2.3903356
Finance Charge = 2.39
The purchases and payments do not factor in the finance charge since they are made during this current billing cycle. The previous balance method only looks at the balance at the end of the previous cycle.
Once the finance charge is calculated, we add on the new purchases and the finance charge to the old balance. We also subtract off the payments/credits. Doing all this calculates the new balance for this billing cycle.
New Balance = (Old balance) + (Purchases) + (Finance Charge) - (Payment)
New Balance = 179.32 + 117.42 + 2.39 - 85
New Balance = 214.13
In summary,
Finance Charge = $2.39
New Balance = $214.13
Answer:
Step-by-step explanation:
B
2r + 2r + 5 + r + 4r - 3 = 38
9r + 5 - 3 = 38
9r + 2 = 38
9r = 38 - 2
9r = 36
9r/9 = 36/9
r = 4cm
Done!