1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brums [2.3K]
2 years ago
12

A typical credit card company charges 18% annual interest,

Mathematics
1 answer:
AnnZ [28]2 years ago
3 0

Answer:

$1,519

Step-by-step explanation:

Given that :

Balance = principal = $520

Time (t) = 6 years

Annual. Interest rate (r) = 18% = 0.18

Using the compound interest formula:

A = P(1 + r/n)^nt

n = number of times interest is applied per period ; A = final amount

Since interest is compounded monthly, n = 12

A = 520(1 + 0.18/12)^(12 * 6)

A = 520(1 + 0.015)^72

A = 520(1.015)^72

A = 520(2.9211579)

A = 1519.0021

Hence, final amount = $1519

You might be interested in
Given that f(x)=x^2+3x-28f(x)=x
spayn [35]

9514 1404 393

Answer:

  x^2 +4x -21

Step-by-step explanation:

Substitute the given expressions and simplify.

  f(x) + g(x)

  = (x^2 +3x -28) +(x +7)

  = x^2 +(3+1)x +(-28 +7)

  = x^2 +4x -21

6 0
3 years ago
You have a square piece of paper. Where do you cut it to make a regular octagon?
gregori [183]
Cut the 4 corners off and you will have an 8-sided octagon
6 0
3 years ago
Ahmed drive his car 4 hours continuously as average 80 Km/hr .if his speed was 60 Km in the 1st hour, 90 Km in the 2nd hour and
nadezda [96]

Answer:

I would say 120 but that could be also be wrong but ill go with 120

7 0
2 years ago
Brenda has $500 in her bank account every week she withdraws $40 for miscellaneous expenses how many weeks can she withdraw the
lisabon 2012 [21]
50 - 40x ≥ 200
-40x ≥ -300
x ≤ 7.5
40$ can be withdrawn from the account 7 weeks if she wants to maintain a balance at least 200<span />
6 0
3 years ago
Read 2 more answers
Two similar pyramids have lateral areas 8ft^2 and 18 ft^2. the volume of the large pyramid is 108 ft^2. find the volume of the s
ddd [48]
I assume the volume of the larger pyramid is 108 ft^3, not 108 ft^2.

The scale factor of edges of two solids is x.
The scale factor of their areas is x^2.
The scale factor of their volumes is x^3

The areas have a scale factor of 18/8 = 2.25

The length have a scale factor of sqrt(2.25) = 1.5

The volumes have a scale factor of 3.375

108/3.375 = 32

Answer: 32 ft^3
4 0
3 years ago
Other questions:
  • Mike and Michaela left a 15% tip on their bill for dinner together. The amount of the tip was $10.50. Makes dinner cost $40. If
    14·1 answer
  • HELP!!! Need Help With Homework!
    9·2 answers
  • Heellllllllllllp needed plz
    8·1 answer
  • Write the number "five hundredths, six thousandths, forty-two millionths" as a decimal.
    15·2 answers
  • What is the equation of the following graph in vertex form?
    8·2 answers
  • Which of these is the answer please.
    11·2 answers
  • The cost of 2 kg of onions is ₹24. What will the cost of 12 kg of onions be?​
    14·1 answer
  • This relationship leads to the conclusion that there is no Pythagorean triple of this form that contains the integer 2. Why?
    5·1 answer
  • Beth will you help Andy with his algebra?
    7·2 answers
  • A ticket to a concert costs $27.That is 3 times as much as a ticket to a movie.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!