Which of the following statements is true concerning ABC below?

Rachel has developed a plan to start paying off her credit card debt, and has stopped making purchases with her credit card. She

Ann [662]

Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88

Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72

Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16

5 0

3 years ago

Read 2 more answers

Questions 1-14of 14

matrenka [14]

Answer is b because the veritable is just 1 but the 4 stays the same

6 0

2 years ago

What is the base of the expression 6^-4?

Fofino [41]

Answer:For this case we have that by definition it is fulfilled:

Where:

a: It is the base

b: It is the exponent

So, if we have the following expression:

-6 to the power of 4, is equivalent to:

So we have to:

-6: It is the base

4: It is the exponent

-6: It is the base

4: It is the exponent

Step-by-step explanation:

4 0

2 years ago

A store is having a sale to celebrate president's Day. Every item in the store is advertised as one fifth off the original price

olya-2409 [2.1K]

1/5th off = 20% off

80% = $140
1% = $1.75
100% = $175

Answer is $175

6 0

3 years ago

PLEASE I NEED HELP, ILY ILL GIVE 30 POINTS

Novosadov [1.4K]

Answer:

Question 1:

The angles are presented here using Autocad desktop application

The two column proof is given as follows;

Statement ${}$ Reason

S1. Line m is parallel to line n ${}$ R1. Given

S2. ∠1 ≅ ∠2 ${}$ R2. Vertically opposite angles

S3. m∠1 ≅ m∠2 ${}$ R3. Definition of congruency

S4. ∠2 and ∠3 form a linear pear ${}$ R4. Definition of a linear pair

S5. ∠2 is supplementary to ∠3 ${}$ R5. Linear pair angles are supplementary

S6. m∠2 + m∠3 = 180° ${}$ Definition of supplementary angles

S7. m∠1 + m∠3 = 180° ${}$ Substitution Property of Equality

S8. ∠1 is supplementary to ∠3 ${}$ Definition of supplementary angles

Question 2:

(a) The property of a square that is also a property of a rectangle is that all the interior angles of both a square and a rectangle equal

(b) The property of a square that is not necessarily a property of all rectangles is that the sides of a square are all equal, while only the length of the opposite sides of a rectangle are equal

(c) The property of a rhombi that is also a property of a square is that all the sides of a rhombi are equal

(d) A property of a rhombi that is not necessarily a property of all parallelogram is that the diagonals of a rhombi are perpendicular

(e) A property that applies to all parallelogram is that the opposite sides of all parallelogram are equal

Step-by-step explanation:

7 0

2 years ago