Hello,
Answer:
= 62,550
Showing Work-1244 + 63794
= 62550
Rounding to Ones Place
= 62550
Faith xoxo
Answer:
The answer is that she would pay $65.56 in finance charges at the end of the month.
Step-by-step explanation:
Given: APR = 19.99%
Carry Over Balance: $398.97
The APR or Annual Percentage Rate, is calculated daily. You will need to get the daily periodic rate, or DPR, so divide the APR by 365:
19.99% = .1999
.1999 / 365 = .005477 (This is the Approximate DPR, rounded up to .005477)
To get the finance charge, multiply the average daily balance by the DPR and then by 30 days:
398.97 * .005477 * 30 = $65.56 finance charge for this carry over balance, at the end of the month. This assumes that the balance is the average daily balance.
Hope this helps!! Have a great day!
You would use the formula for the specific term you wish to find;
The formula is:

a = starting value of the sequence
d = the common difference (i.e. the difference between any two consecutive terms of the sequence)
n = the value corresponding to the position of the desired term in the sequence (i.e. 1 is the first term, 2 is the second, etc.)
Un = the actual vaue of the the term
For example, if we have the arithmetic sequence:
2, 6, 10, 14, ...
And let's say we want to find the 62nd term;
Then:
a = 2
d = 4
(i.e. 6 - 2 = 4, 10 - 6 = 4, 14 - 10 = 4;
You should always get the same number no matter which two terms you find the difference between so long as they are both
consecutive [next to each other], otherwise you are not dealing with an arithmetic sequence)
n = 62
And so: