Answer: c. previous balance method
The method used by credit card companies to calculate finance charges in which it is most favorable to the card issuer is the previous balance method. This is computed by charging the interest into the new billing period. This is least favorable to cardholder thus, most favorable to card issuer.
Answer:
B.
Step-by-step explanation:
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The answer to your question is A
Answer:
(A)Decay
(b)0.8
(c)First Term
(d)
(e)$819.20
Step-by-step explanation:
The exponential function for modelling growth or decay is given as:
,
Where:
Plus indicates growth and minus indicates decay.

For a powerful computer that was purchased for $2000, but loses 20% of its value each year.
(a)Since it loses value, it is a decay.
(b)Multiplier
Its value decays by 20%.
Therefore, our multiplier(1-r) =(1-20&)=1-0.2
Multiplier =0.8
(c)$2000 is our First term (or Initial Value
)
(d)The function for this problem is therefore:

(e)Since we require the worth of the computer after 4 years,
t=4 years
