Kristin's credit rating was lowered, and the credit card company raised her APR from 14% to 15.2%. If her average daily balance
2 answers:
Answer:
0.0022x
Step-by-step explanation:
Given that,
The credit card company raised her APR from 14% to 15.2%.
Her average daily balance this month is x dollars.
We need to find the algebraically the increase in this month's finance charge due to the higher APR. It can be calculated as follows :
So, the required increase in the month's finance is 0.0022x.
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-Divide both sides by -2:
Once you have expressed the equation of the line in slope-intercept form, replace it with any value for x and calculate the corresponding value of y, for example, x=2
One solution for the linear equation is x=2 and y=-6, you can check the solution by replacing the values on the original equation, with both values the result should be 8:
As you can see the values are a valid solution for the linear equation.
So the solution is:
Answer:
I hope this helps!