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!
Answer:
18.044
Step-by-step explanation:
hope it helps you good day if I'm wrong tell me right away I'll try it out again.
Answer:
![\text{ 78\%}](https://tex.z-dn.net/?f=%5Ctext%7B%2078%5C%25%7D)
Explanation:
Here, we want to get the percentage of the gross pay is the take-home pay
Mathematically, we have to divide the take-home pay by the gross pay and multiply it by 100%
Her take-home pay is the difference between her gross pay and her deductions
We have this as:
![\text{ 4633 - 1009.13 = \$3,623.87}](https://tex.z-dn.net/?f=%5Ctext%7B%204633%20-%201009.13%20%3D%20%5C%243%2C623.87%7D)
We have this as:
0.9090909.../2
This is the equivalent and it has no equal fraction counterpart
Answer:
125
Step-by-step explanation:
-125 x -1