<span>1.) Previous balance = 3529.30
APR = 18.6%, thus monthly interest rate = 18.6 / 12 = 1.55%
Previous balance + interest = 3529.30(1 + 0.0155) = 3584.00
New balance after transaction = 3584.00 + 148 = 3732.00
2.) Previous balance = 5834.53
APR = 20.4%, thus monthly interest rate = 1.7%
Previous balance - payment = 5834.53 - 150 = 5680.53
Balance + interest = 5634.53(1 + 0.017) = 5781.17
New balance after transaction = 5781.17 + 325 = 6106.17
3.) Total payment = 15264
Number of payments = 72 monthly payments
Monthly payment = 15264 / 72 = 212
4.) Amount bollowed = 7400 at 7% APR
Amount plus interest = 7400(1 + 0.07) = 7918
Monthly payment = 7918 / 12 = 659.83
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5.28 / 12 = 0.44 per oz
7.96 / 18 = 0.4422 rounds to 0.44 per oz
technically, by rounding to the nearest cent, they are the same cost.
Step-by-step explanation:
Radius of a cicke is calculated by 2 pi r
Equation is found by y=mx+C
Answer:
Alexander is incorrect because the expressions are not equivalent.
Step-by-step explanation:
If the expression is evaluated for any value of x, y; the result will not be same.
For instance, let assume x = 1 and y = 2
3x + 4y = 3 + 4 = 7
(3)(4) + xy = (3)(4) + (1 * 2) = 12 + 2 = 14
So, the expressions are not the same and Alexander is incorrect.
