Your question doesn't say what are the options, but we can make some reasoning.
The average daily balance method is based, obviously, on the <span>average daily balance, which is the average balance for every day of the billing cycle. Therefore, in order to calculate the average daily balance, you need to sum the balance of every day and then divide it by the days of the billing cycle.
In your case:
ADB = (9</span>×2030 + 21×1450) / 30 = 1624 $
Now, in order to calculate the interest, you should first calculate the daily rate, since APR is usually defined yearly, and therefore:
rate = 0.23 ÷ 365 = 0.00063
Finally, the expression to calculate the interest could be:
interest = ADB × rate × days in the billing cycle
or else:
<span>interest = ADB × APR ÷ 365 × days in the billing cycle
In your case:
interest = 1624 </span>× 0.23 ÷ 365 × 30
= 30.70 $
Answer:
$8.8 per hour
Step-by-step explanation:
Well, the equation is simple.
Time (hours) * Money (per hour) = Total
We know the time he worked for and the total amount he earned, so just replace in this equation and find the unknown number
12.5 * money = 110
To find the money he earns per hour we should just simply divide the total amount he earned by the hours he spent working
money = 110/12.5
money = 8.8$
You can also check it out to make sure it's correct.
If he earns 8.8$ per hour and worked for 12.5 hours how much he'll earn? Let's find out
8.8 * 12.5 =?
8.8 * 12.5 = 110, the same total amount so our solution must be correct.
Answer:
<h2>$648.70</h2>
Step-by-step explanation:
30% of 499 is 149.70
499+149.70=648.70
The scale factor of the Reba's drawing is 9/84, 3/28
Step-by-step explanation:
The scale factor is the ratio between the two corresponding sides of the figure. The point worth noting in computing the scale factor is that both sides must have similar units of dimension while using for comparison purpose.
Given the scale used by Reba is 9 inches to 7 feet
Since both the units are different, we have the option to either convert inches to feet or vice versa
We proceed with converting feet to inches
We know that 1 foot equals to 12 inches. Hence 7 feet would equal 84 inches.
Now scale factor= first dimension/ corresponding dimension
Scale factor= 9/84 which can be reduced to 3/28
Answer:
40%
Step-by-step explanation:
140/350=0.4
0.4 x 100=40
