Use Liam DeWitt's Flash Card statement and the credit calendar for Exercises a-e.
1 answer:
The answers for this task are gotten in most cases by Careful Observation of Liam DeWitt's Bank Account Information.
<h3>What is a Bank Account Information?</h3>
A bank account information refers to all the details present on or which can be deduced from one's statement or record of banking activities..
Liam's Average Daily Balance is: Total sum of balance each day divided by the number of days. That is
(250+87+1300+470-200+34.76+102.71+45.90+84.60)/9
ADB= $241.66
B) Liam's Monthly Periodic Rate (MPR) is the Annual Interest Rate divided by the number of periods. In this case, that will be:
19.8%/12
MPR = 1.65%
C) Liam's Finance Charge is (Average Daily Balance * APR)/365.
That is (241.66 * 19.8)/365 = 13.11%
D) Liam's New Balance is calculated by removing new inflow from old balance. That is
(250+87.60+1,300+470.63+34.76+102.71+45+848.60)-3,240.5
= $-101.20
E) Liam's Available Line of Credit is clearly stated as $4,000.
See the link below for more about Bank Account Information:
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Given:
In 2010, the population of a town = 2000
Every year, it increase by 1.5%
To find the equation P(t) which represents the population of this town t years from 2010.
Formula
If a be the original population of a town and it increases by b% every year, after t year the population will be
Now,
Taking, a =2000, b = 1.5 we get,
or,
Hence,
The population of this town t years from 2010 P(t) = , Option D.
The graph that does not represents a proportional relationship is: A (see image attached below).
<h3>What is a Proportional Relationship?</h3>A proportional relationship has a constant, which is uniform and is defined in the equation y = kx, as k. This means a relationship that is proportionate will have an equation in that form.
For a proportional graph, the line must pass through the point of origin which is denoted by the ordered pair, (0, 0).
Therefore, from the options given, the option B represents a proportional relationship because it contains (0, 0), while option C and D takes the form of y = kx.
Therefore, option A does not represent a proportional relationship.
Learn more about proportional relationship on:
#SPJ1
