I just had this question.... the answer is $4930 on APEX
Answer:
x=7
Step-by-step explanation:
8x-5y=16
8x-40=16
8x=56
x=7
7 teachers because 3 x 9 = 27 and 96 - 27 = 69, 69 divided by 9 is 7 remainder something
Given:Painting priced at $600.
If paid using credit card and in installment basis.$600 x 16% = $96 interest on credit card balance$600 + $96 = $696 total debt$696 ÷ 12 months = $58 monthly payments
If paid using cash from cash advance.$600 x 5% discount = $30$600 - $30 = $570$570 x 32% = $182.40 interest on cash advance$570 + $182.40 = $752.40$752.40 ÷ 12 months = $62.70 monthly payment
It is cheaper for Paul to buy the painting using his credit card. He will only pay $58 per month on his credit card provider compared to the $62.70 monthly bill if he used cash advance.
Hope this helped☺☺
