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
Vaselesa [24]
3 years ago
10

34. A MasterCard statement shows a balance of $510 at 13.9% compounded monthly. What monthly payment will pay off this debt in 1

year 4 months? (Round your answer to the nearest cent.)
Mathematics
1 answer:
bixtya [17]3 years ago
8 0

Answer:

The monthly payment is $35.10.

Step-by-step explanation:

p = 510

r = 13.9/12/100=0.011583

n = 12+4=16

The EMI formula is :

\frac{p\times r\times(1+r)^{n} }{(1+r)^{n}-1 }

Now putting the values in formula we get;

\frac{510\times0.011583\times(1+0.011583)^{16} }{(1+0.011583)^{16}-1 }

=> \frac{510\times0.011583\times(1.011583)^{16} }{(1.011583)^{16}-1 }

= $35.10

Therefore, the monthly payment is $35.10.

You might be interested in
What is the solution of the system? ​
Lubov Fominskaja [6]

Answer:

The answer is B

Step-by-step explanation:

x is equal to the +3

where Y is equal to the +3

7 0
2 years ago
Read 2 more answers
The first term in a geometric sequence is 12. The common ratio is 3. Which term is 516,560,652?
STALIN [3.7K]
Its 17 th term. Hope it helps
6 0
3 years ago
HELP NOW Which table shows a proportional relationship between x and y? x 1 2 3 6 y 1.5 3 6 9 x 1 3 4 5 y 50 150 200 250 x 3 5 7
dem82 [27]

Answer: B - x 1 3 4 5 y 50 150 200 250


Step-by-step explanation: The equation is y = 50x


4 0
3 years ago
The segments shown below could form a triangle.<br> A. True<br> B. False
Whitepunk [10]
Very true. A triangle consists of three sides so think of how u could make a triangle with those three lines
8 0
3 years ago
In this diagram, if Z is the centroid of ABC and CT = 15, what is ZT? A. 5 B. 7.5 C. 10 D. 30
Kisachek [45]
The answer is A........5
3 0
3 years ago
Other questions:
  • Whats (0,5), m=1/3 in point-slope form
    14·1 answer
  • 3) Solve each equation using the quadratic formula. Show<br> a. x2 – 3x – 10 = 0
    7·1 answer
  • Briana bought a total of 8 notebooks and got 16 free pens
    6·1 answer
  • A 95% confidence interval for the mean of a population is to be constructed and must be accurate to within 0.3 unit. A prelimina
    9·1 answer
  • greg wants to buy a video game.the game is 50% off and the original price is $40.00how much will greg have to pay for this video
    9·1 answer
  • Find the length of side x in simplest radical form with a rational denominator.
    6·1 answer
  • A recipe that serves 8 people requires 4 1/2 cup of flour how much do you need to serve for 24 people
    14·1 answer
  • Find x.<br> 14 in.<br> 48 in.<br> X =<br> in.
    5·2 answers
  • Question 2 (1 point)
    14·2 answers
  • S =The maximum walking speed S, in feet per second, of an animal can be modeled by the equationVgL, where g = 32 ft/sec and L is
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!