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Firlakuza [10]
3 years ago
6

Jasmine had an average daily balance of $1,608.24 for the last billing cycle, which had 31 days. If her credit cards charges an

APR of 22.99%, what would her finance charges be for the last billing cycle?
Mathematics
1 answer:
stiks02 [169]3 years ago
6 0

Answer:

Finance per billing cycle = $ 30.91

Step-by-step explanation:

First, we will calculate the APR for 1 day:

APR per day = (22.99%/year)(1 year/12 month)(1 month/31 days)

APR per day = 0.062 % / day

Now, we will calculate the finance per day:

Finance per day = (Daily Balance)(APR per day) = ($ 1608.24)(0.062 %/day)

Finance per day = $0.99/day

Now, we will calculate the finance for one billing cycle:

Finance per billing cycle = (Finance per day)(31 days) = ($ 0.99/ day)(31 days)

<u>Finance per billing cycle = $ 30.91</u>

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Novosadov [1.4K]
<span>y = slope*x + y-intercept;
</span>We can rewrite our equation in a shorter form : y = mx + b;
y = x + 2 ; m1 = 2 and b1 = 2;
y = -x + 6; m2 = -1 and b2 = 6;
<span>Set the two equations for y equal to each other:
</span>x + 2 = -x + 6 ;
<span>Solve for x. This will be the x-coordinate for the point of intersection:
</span>2x = 4;
x = 2;
<span>Use this x-coordinate and plug it into either of the original equations for the lines and solve for y. This will be the y-coordinate of the point of intersection:
</span>y = 2 + 2 ;
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7 0
3 years ago
Luis skates 2/3 mile from his home to school. Isabella skates 2/4 mile to get to school. Who skates father?
iogann1982 [59]
In order to figure out whether Luis or Isabella skates farther to get to school, we have to create a common denominator between the two fractions that represent the distance that each person walks.

The least common denominator of 3 and 4 is 12.  This means that we have to change both fractions into equal fractions with denominators of 12.

To figure this out, we must set up a proportion.
2/3 = x/12
To solve this proportion, we must cross-multiply the fractions.  We get:
24 = 3x
If we divide both sides by the coefficient of x which is 3, to get the variable x alone, we get:
x = 8

Therefore, 2/3 = 8/12, so Luis skates 8/12 mile from his home to school.

If we do the same process for the 2/4 mile to get to school for Isabella, we get 6/12, because both fractions are equal to 1/2.

Therefore, we know that Luis skates 8/12 mile to school and Isabella skates 6/12 mile to get to school.  Because they have the same denominator, we can just compare the numerators.  We know that 8 is greater than 6, thus Luis skates farther to get to school.

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3 years ago
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Answer:

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6 0
3 years ago
Read 2 more answers
A playstation 5 is $900 and costs $50 per game. A xbox is $400 and costs $60 per game. How many games will it take for both cons
belka [17]

Answer:

It would take a PlayStation 5 and 2 games to equal an Xbox and 10 games.

Step-by-step explanation:

I made a list that increase in the increments of the game price.

Something like this:

900—400~consoles alone

950—460~1 game

1000–520~2 games

1050—580~3 games

1100—640~4 games

1150—700~5 games

1200—760~6 games

1250—820~7 games

1300—880~8 games

1350—940~9 games

1400—1000~10 games

Left side is PlayStation 5 and right side is Xbox. The first row is the price of the consoles alone and then each row after that is the price of the console with an additional game. As you can see, the third row down on the left, the PlayStation 5 with 2 games is $1,000. If you look at the eleventh row on the right, you can see that Xbox with 10 games is also $1,000

3 0
3 years ago
Ice Cold Creamery will give a free ice cream maker to anyone who spends at least $100 on buckets of ice cream and frozen yogurt.
kotykmax [81]

Given:

Free ice cream maker to anyone who spends at least $100 on buckets of ice cream and frozen yogurt.

Each bucket of ice cream costs $7.28

Each bucket of frozen yogurt costs $8.21.

To find:

The inequality represents number of ice cream and frozen yogurt that she may buy in addition to get a free ice cream maker.

Solution:

Let i be the number of buckets of ice cream and y be the number of buckets of frozen yogurt.

According to the question, total amount spend on both must be greater than or equal to $100 to get a free ice cream maker.

7.28i+8.21y\geq 100

8.21y\geq 100-7.28i

Divide both sides by 8.21.

y\geq \dfrac{100-7.28i}{8.21}

Therefore, the required inequality is y\geq \dfrac{100-7.28i}{8.21}.

8 0
3 years ago
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