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2 years ago

10

A credit card company uses your average daily balance to compute your finance charge. You charge $100 on May 2 and $200 on May 2

0. What is your average daily balance?

1 answer:

liraira [26]2 years ago

4 0

Answer:

<h2>$5.56</h2>

Step-by-step explanation:

On may 2, charge = $100

On may 20, charge = $200

To get the average daily balance, we will use the concept of calculating slope;

let d be day of the month and c be the amount charged

when d1 = 2, c1 = 100

when d2 = 20, c2 = 200

average daily balance = c2-c1/d2-d1

average daily balance = 200-100/20-2

average daily balance = 100/18

average daily balance ≈ 5.56

Hence your average daily balance is approximately $5.56

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JulijaS [17]

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The answer for :

$h. \: \: \: \frac{5}{6}$

$i. \: \: \: \frac{35}{32}$

$k. \: \: \: \frac{-29}{20}$

$l. \: \: \: \frac{13}{15}$

Step-by-step explanation:

Question h:

$\frac{2}{3} + ( \frac{1}{3} \times \frac{1}{2} )$

$= \frac{2}{3} + \frac{1}{6}$

$= \frac{2 \times 2}{3 \times 2} + \frac{1}{6}$

$= \frac{4}{6} + \frac{1}{6}$

$= \frac{5}{6}$

Question i:

$\frac{7}{8} + \frac{1}{4} \times ( \frac{3}{2} - \frac{5}{8} )$

$= \frac{7}{8} + \frac{1}{4} \times ( \frac{3 \times 4}{2 \times 4} - \frac{5}{8} )$

$= \frac{7}{8} + \frac{1}{4} \times ( \frac{12}{8} - \frac{5}{8} )$

$= \frac{7}{8} + (\frac{1}{4} \times \frac{7}{8} )$

$= \frac{7}{8} + \frac{7}{32}$

$= \frac{7 \times 4}{8 \times 4} + \frac{7}{32}$

$= \frac{28}{32} + \frac{7}{32}$

$= \frac{35}{32}$

Question k:

$\frac{3}{4} - ( \frac{12}{7} \div \frac{12}{21} ) + \frac{4}{5}$

$= \frac{3}{4} - ( \frac{12}{7} \times \frac{21}{12} ) + \frac{4}{5}$

$= \frac{3}{4} - \frac{3}{1} + \frac{4}{5}$

$= \frac{3 \times 5}{4 \times 5} - \frac{3 \times 20}{1 \times 20} + \frac{4 \times 4}{5 \times 4}$

$= \frac{15}{20} - \frac{60}{20} + \frac{16}{20}$

$= - \frac{29}{20}$

Question l:

$\frac{5}{2} \times ( \frac{2}{3} - \frac{1}{5} ) - ( \frac{2}{5} \div \frac{4}{3} )$

$= \frac{5}{2} \times ( \frac{2 \times 5}{3 \times 5} - \frac{1 \times 3}{5 \times 3} ) - ( \frac{2}{5} \times \frac{3}{4} )$

$= \frac{5}{2} \times ( \frac{10}{15} - \frac{3}{15} ) - \frac{3}{10}$

$= (\frac{5}{2} \times \frac{7}{15}) - \frac{3}{10}$

$= \frac{7}{6} - \frac{3}{10}$

$= \frac{7 \times 5}{6 \times 5} - \frac{3 \times 3}{10 \times 3}$

$= \frac{35}{30} - \frac{9}{30}$

$= \frac{26}{30}$

$= \frac{13}{15}$

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3 years ago