Answer:
$86.81
Step-by-step explanation:
Using the given formula, we want to compute A for ...
P = 4750
r = 0.2279
n = 365 . . . . . assuming "exact" interest
t = 1 or 30
For 1 day late:
A = 4750(1 +0.2279/365)^(365·(1/365)) = 4752.97
For 30 days late:
A = 4750(1 +0.2279/365)^(365·(30/365)) = 4839.78
The difference in these payment amounts is ...
$4839.78 -4752.97 = $86.81
You would save $86.81 in interest charges by paying only 1 day late.
_____
<em>Comment on the question</em>
It would be a poor choice of credit card to use one that compounds interest daily. Most do so on a monthly basis.
9514 1404 393
Answer:
(a, b, c) = (30, 50, 55)
Step-by-step explanation:
If we rewrite the ratio of A to B so it has the same number of ratio units as in the ratio of A to C, we have ...
A : B = 3 : 5 = 6 : 10
A : C = 6 : 11
so ...
A : B : C = 6 : 10 : 11
The total number of ratio units is 27. They stand for 135 real units, so each one stands for 135/27 = 5 real units.
Multiplying the last ratio statement by 5, we find the lengths of each of the sides.
A : B : C = 6 : 10 : 11 = 30 : 50 : 55
The side lengths are (a, b, c) = (30, 50, 55).
Answer:
39ft²
Step-by-step explanation:
Divide up the Shape
Big rectangle:
a=lw
11*3=33ft
Small rectangle
2*3=6ft
Whole shape:
33+6=39ft²
The farthest distance of the turtle can be solved with the following equations:
x = 112 + 4
x = 112 - 4
By solving the equations, we conclude that t<span>he turtle can be found either in the 116th block or the 108th block.</span>
