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Genrish500 [490]
2 years ago
11

Making late payments on credit card bills has what kind of effect on a person's credit score?

Mathematics
2 answers:
kykrilka [37]2 years ago
7 0

Answer:

A late payments have a negative effect on a persons credit score

Step-by-step explanation:

A credit score is basically the trust banks have with you or the potentiality that you will pay them back. Making late payments will obviously lower the banks reliability on you to pay your bill ontime and in full.

olga2289 [7]2 years ago
4 0

Answer:

A. Late payments have a negative effect on a person's credit score.

Step-by-step explanation:

Hope this Helps!

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The owner of a ski resort estimates that a new 4-person ski lift will cost $5,500,000. The owner begins making payments on March
disa [49]

Amount must the owner make to have the cost of the ski lift in 5 years  is $6,711,045.22.

<h3>What is compound interest?</h3>

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.

A = P(1 + r/n)^{nt}

P =5,500,000

r =4%= 0.004

n =4

t= 5 years.

Now,

A = P(1 + r/n)^{nt}

A = 5,500,000.00(1 + 0.04/4)^{(4)(5)}

A = 5,500,000.00(1 + 0.01)^{20}

A = $6,711,045.22

Hence, The total amount accrued is $6,711,045.22.

Learn more about compound interest here:

brainly.com/question/14295570

#SPJ1

7 0
2 years ago
See image attached below keeeeeeeeeeeeeeeeeeeed
emmasim [6.3K]

Answer:

.13%

68.26%

2.28%

47.72%

49.87%

34.13%

Step-by-step explanation:

1.) standardize by subtracting the mean and dividng by the standard deviation

(625-1000)/125= -3

go to a ztable to get .0013 or (1-.9987)

this is equal to .13%

2.)

875<x<1125

standardize both seperately and subtract them

(875-1000)/125= -1  whose probability is .1587 (or 1-.8413)

(1125-1000)/125= 1  whose probability is .8413

.8413-.1587= 68.26%

3.)

Find the probability that someone paid less than 1250 and take its compliment

(1250-1000)/125= 2 which has a probability of .9772

take its compliment (1-.9772)= .0228= 2.28%

4.)

Same process as question 2

(750-1000)/125= -2 which has a probability of (1-.9772) = .0228

(1000-1000)/125= 0 which has a probability of .5

.5-.0228= .4772= 47.72%

5.) same deal as the previous question

(625-1000)/125= -3 which has a probability of (1-.9987)= .0013

(1000-1000)/125= 0 which has a probability of .5

.5-.0013= .4987= 49.87%

6.)same deal the previous question

(875-1000)/125= -1 which has a probability of (1-.8413)=.1587

(1000-1000)/125= 0 which has a probability of .5

.5-.1587= .3413= 34.13%

4 0
3 years ago
HELP I WILL GIVE BRAINLY THING ​
lana [24]

Answer:

The answer is A.

Step-by-step explanation:

Hope this helps.

4 0
3 years ago
If 3^2x+1=3x+5 what is the value of x
stiks02 [169]
The answer is 2/3.
(3^2) (x) + 1 = 3x+5
9x+1=3x+5
Subtract 3x on both sides
6x+1=5
Subtract 1 on both sides
6x=4
Divide both sides by 6 then you get 2/3
4 0
3 years ago
Read 2 more answers
8. The sum of two numbers is 46. The larger number is 16 more than the smaller
Naddika [18.5K]

Answer:

The numbers are 31 and 15.  Add to get a sum of 46, and subtract to get a difference of 16.  

Step-by-step explanation:

3 0
3 years ago
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