Question

I need help I'm struggling with questions 3 and 4

Answer 1

Answer: Part C is $57.5

Part C: Mai is being charged $5.75 per(1) day and since it takes Mai to pay off her debt the equation would be 5.75 x 10 = 57.5

So $57.5 dollars

Answer 2

9514 1404 393

Answer:

  c.  -$69.97

  d.  not enough

Step-by-step explanation:

c. The late fee is another withdrawal from Mai's account. After 10 days, the total amount withdrawn to pay late fees is 10(-5.75) = -57.50. At that point in time, Mai's account balance will be ...

  -$12.47 -10(5.75) = -$69.97 . . . . Mai's balance after 10 days

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d. Mai's balance after 5 days will be calculated the same way:

  -$12.47 -5(5.75) = -$41.22

Even if she adds $40 to her account, the balance will be ...

  -$41.22 +40.00 = -$1.22 . . . . a negative number; still subject to late fees

Adding $40 on day 5 is not enough to avoid further late fees.