All categories

2 years ago

3. You owe $1,350.00 on a credit card with a 14.25% APR. You pay $300.00 at the beginning of

Mathematics

1 answer:

irina [24]2 years ago

3 0

Answer:

Step-by-step explanation:

As an aside, I don't know why Americans don't use a debit card. Usually to figure out what the monthly interest is, you divide the yearly interest by 12

14.25 / 12 = 1.875 and you keep all the decimals.

1350 * 1.875 / 100 = 16.03 is what you save, but there is more. It seems very tiny, but don't be fooled. The credit card company certainly isn't. They will likely round up to 16.04 just so hackers won't make anything if they break into someone's account.

16.04 doesn't seem like much to pay, but realize that if you had to pay it every month, it would be 192.48 a year. That on 1350 is usury.

You might be interested in

6th grade math plz help me

vlabodo [156]

Answer:

The mode, which is 7, is not a typical distance for the data. The median, which is 3.5, is not a typical distance for the data. The mean, which is 4, is a typical distance for the data. So, Grace’s reasoning is not correct.

5 0

3 years ago

Please, I need help with this!!!

svlad2 [7]

Answer:

The midpoint is (-1,-1)

This is in quadrant III

Step-by-step explanation:

The x coordinate of the midpoint is

(-4+2)/2 = -2/2 = -1

The y coordinate of the midpoint is

(1+-3)/2 = -2/2 = -1

The midpoint is (-1,-1)

The quadrant with both negative points is quadrant III

8 0

3 years ago

Read 2 more answers

The product of 2 numbers is -24 and their sum is -5. What are the two numbers and why are they the two numbers?

lana [24]

The numbers are (-8, 3) or (3, -8).

Step-by-step explanation:

Step 1: Given the product of the numbers are -24 and their sum are -5. Let the numbers be a and b. Form equations out of these details.

⇒ a + b = -5 ⇒ b = -5 - a

⇒ a × b = -24 -------- (1)

Step 2: Substitute the value of b in eq(1)

⇒ a × (-5 - a) = - 24

⇒ -5a - a² = -24

⇒ a² + 5a - 24 = 0

Step 3: Solve the quadratic equation for a.

a = (-5 ± √25 - 4 × 1 × -24)/2

= (-5 ± √121)/2

= - 16/2, 6/2 = -8 or 3

Step 4: For each value of a, find b.

When a = -8, b = -5 +8 = 3

When a = 3, b = -5 - 3 = -8.

6 0

2 years ago

Jesse takes his dog and cat fort their annual vet visit.Jesse's dog weighs 23 pounds.The vet tells him his cats's weight is 5/8

Kay [80]

The cat weighs 14.375 pounds (or 230 ounces even).

Hope this helps!

8 0

2 years ago

Read 2 more answers

6x^+4(x^-1) simply this question

Nadusha1986 [10]

1. when you see 4(x² - 1), then you have to multiply 4 with everything in the bracket. keep in mind that you always have to be cautious of the sign whether it is a positive or a negative.

positive ×/÷ positive = positive
negative ×/÷ negative = positive
positive ×/÷ negative = negative
negative ×/÷ positive = negative

^ you have to remember this.

2. only like terms (same alphabet) can plus or minus each other.

3. simplify by taking out the common factor and placing it outside the bracket.

6 0

3 years ago