1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Savatey [412]
2 years ago
9

Jennifer has a credit card with an APR of 10. 22% and a billing cycle of 30 days. The following table shows Jennifer’s credit ca

rd transactions in the month of January. Date Amount ($) Transaction 1/1 807. 94 Beginning balance 1/7 41. 81 Purchase 1/8 53. 88 Payment 1/16 75. 00 Purchase 1/20 18. 65 Purchase 1/26 25. 00 Payment How much greater will Jennifer’s January finance charge be if the finance charge is calculated using the previous balance method than if it is calculated using the adjusted balance method? a. $0. 48 b. $1. 15 c. $0. 67 d. $0. 85.
Mathematics
2 answers:
Arturiano [62]2 years ago
4 0

Answer:

<h3>✅C. $0.67</h3>

i got it right⬇️

ArbitrLikvidat [17]2 years ago
3 0

Jennifer's January finance charge will be $0.6717 more if it is calculated using the previous balance method.

<h3>what is the difference between the previous balance method and the adjusted balance method?</h3>

Previous balance method: Interest charges are based on the amount owed at the beginning of the previous month's billing cycle.

Adjusted balance method: Bases finance charges on the amount(s) owed at the end of the current billing cycle after credits and payments have been posted.

the total amount on which interest will be applied using the previous balance method = 807.94+41.81+75+18.65 = $943.4

so, interest levied on this= 943.4*10.22*(30/360)*(1/100)= $8.0346

now, the total amount on which interest will be applied using the adjusted balance method = 807.94+41.81+75+18.65-53.88-25 = $864.52

so, interest levied on this = 864.52*10.22*(30/360)*(1/100)= $7.3628

difference between charges by previous balance method and adjusted balance method = 8.0346-7.3628 = $0.6717

therefore, Jennifer's January finance charge will be $0.6717 more if it is calculated using the previous balance method.

to get more about the previous balance method and the adjusted balance method please refer to the link,

brainly.com/question/14351468

You might be interested in
There is a game at the carnival that costs $20 to play. There are two outcomes: either you win $100 , or you lose.
Alex_Xolod [135]

Answer:

I would say that the answer is a. because I would go with the lowest one knowing that if I roll anything other than six, I lose this game is designed for you to nearly lose, so I would go with the lowest choice which is a. since i have a lower chance at winning.  

Step-by-step explanation: please mark this brainliest and I will be glad to help anytime.


4 0
3 years ago
Can someone help me out with my 1 &amp; 2 geometry semester course I’m trying to graduate ..
zloy xaker [14]
It's true
if the consecutive angles of a quadrilateral are supplementary it will be parallelogram. like square and rectangular
6 0
2 years ago
Nine is 12% of which number
Ksenya-84 [330]
The answer is 75. You can find this using the equation 9 = 0.12x and then dividing 9 by 0.12 or 12%.
8 0
3 years ago
A company earns a weekly profit of P dollars by selling x items, according to the equation P(x)=-5x^2+40x-300. How many items do
STALIN [3.7K]
Since the equation is:

<span>P(x)=-5x^2+40x-300

Solving the equation by using the calculator, the values for x are:

x = 4.72

Therefore, the company must sell 8 items per week to maximize the profit.

</span>I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
3 0
3 years ago
I need some help, please. : )
ankoles [38]

Answer:

A

Step-by-step explanation:

The y intercept = (0,0) since the c value = 0.

Since the numerical coefficient of x^2 is > 0, the graph opens upward.

a = 1

b = 7

c = 0

The Table describing all the conditions is A

4 0
2 years ago
Other questions:
  • Brian has reduced his cholesterol level by 20% by following a strict diet and regular exercise. If his original level was 220, w
    15·2 answers
  • Y= 3 • 2^x <br> I’m not sure what the answer is.
    13·1 answer
  • Evaluate the following expressions, and justify your answers.<br> WhatPower1/3(9)
    14·1 answer
  • A dilation has center (0, 0). Find the image of each point for the given scale factor.
    7·2 answers
  • State the domain and range of the following relation.
    7·2 answers
  • Can someone help me with this
    14·1 answer
  • Solving Distributive Property Equations,
    15·1 answer
  • Finde<br>3 rational number<br> 7 and 8<br>​
    10·2 answers
  • Ughhh can someone help its so confusing
    11·1 answer
  • Find the height of the triangle: Area of the triangle = 21.6 cm 2 , base=3.6 cm
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!