The amount that Marcia will have saved in interest by consolidating the two balances is: b.$133.92.
<h3>Amount saved in interest</h3>
First step
Calculating for credit card A monthly payment (12% APR) using financial calculator
=pmt(rate,nper,-pv,fv)
Where:
Rate=12%/12=1%
Nper =12 months×4 years=48
PV = $1,389.47
FV=0
Hence:
=pmt(1%,48,-1389.47,0)
=$ 36.59
Second step
Monthly payments 16% APR=$39.38×48
Monthly payments 16% APR =$1890.24
Monthly payments 12% APR=$36.59×48
Monthly payment 12% APR=$1756.32
Third step
Amount saved in interest=$1890.24 -$1756.32
Amount saved in interest=$133.92
Therefore the correct option is B.
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Answer:
how do u do that....I have never did this before
Answer:
-1
Step-by-step explanation:
-2/3 - 1/3
Since the denominators are the same, we can combine the numerators
-3/3
Simplify
-1
That answer your looking for is 80
35 pounds of black tea is needed to be mixed to get the final mixture for 2.10 per pound
<h3>What is an equation?</h3>
An equation is an expression that shows the relationship between two or more numbers and variables.
Let x represent the amount of black tea worth 1.80 per pound to be mixed to get the final mixture for 2.10 per pound, hence:
2.4(35) + 1.8(x) = 2.1(x + 35)
x = 35 pounds
35 pounds of black tea is needed to be mixed to get the final mixture for 2.10 per pound
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