Answer:
$86.81
Step-by-step explanation:
Using the given formula, we want to compute A for ...
P = 4750
r = 0.2279
n = 365 . . . . . assuming "exact" interest
t = 1 or 30
For 1 day late:
A = 4750(1 +0.2279/365)^(365·(1/365)) = 4752.97
For 30 days late:
A = 4750(1 +0.2279/365)^(365·(30/365)) = 4839.78
The difference in these payment amounts is ...
$4839.78 -4752.97 = $86.81
You would save $86.81 in interest charges by paying only 1 day late.
_____
<em>Comment on the question</em>
It would be a poor choice of credit card to use one that compounds interest daily. Most do so on a monthly basis.
Answer:
72 m^2
Step-by-step explanation:
Perimeter = 36
Length + width = 18
w + w + 6 = 18
2w + 6 = 18
2w = 12
w = 6
Length + 6 = 18
Length = 12
Area = 6 * 12 = 72 m^2
Answer:
The correct answer is option A. r
Step-by-step explanation:
From the figure we can see a circle and a parallelogram.
The circle is divided into a small sectors and these sector then arranged into a parallelogram.
The base of the parallelogram is half the circumference.
The height of parallelogram is equal to the radius of the given circle. Here radius is 'r'.
Therefore the correct answer is option A. r
Add them all together and divide by the number of variables here there are four and the answer is 1.25 or 5/4
