With a beginning balance of $1200 and no additional charges during the next three months, you will just pay the minimum payment each month for the next three months. The APR is 24.99% and the minimum payment each month is 3% of the balance.

Answers

Answer 1

Here is the complete question.

With a beginning balance of $1200 and no additional charges during the next three months, you will just pay the minimum payment each month for the next three months. The APR is 24.99% and the minimum payment each month is 3% of the balance. Determine the finance charge, new balance, and minimum payment required for each of the next three months, and the starting balance for month 4 in the table below.

a) What is the total of minimum payments?

b) What is the total sum of the finance charges?

c) How much does the starting balance decrease after these three payments?

d)The total of your finance charges is what percent of our total payments?

Answer:

Step-by-step explanation:

Month       Beginning        Finance          New               Minimum

                  Balance          Charge            Balance        Payment

1          $ 1200             24.99           1224.99            36.75

2          1188.24             24.75          1212.99            36.39

3          1176.60             24.50           1201.10            36.03

4          1165.07             24.26           1189.33             35.68

a.

The total minimum payments for 3 months = 36.75 + 36.39 + 36.03

The total minimum payments for 3 months = $ 109.17

b.

Total finance charges for 3 months = 24.99 + 24.75 + 24.50

Total finance charges for 3 months = $ 74.24

c. The starting balance decrease from 1200 to 1165.07, this implies that there is a reduction of $ 34.93

d. The total of finance charges = 74.24×(100/109.17)

The total of finance charges = 68% of total payments.


Related Questions

PLEASEE HELP.!! ILL GIVE BRAINLIEST.!! *EXTRA POINTS* DONT SKIP:((

Answers

Answer:

-12

Step-by-step explanation:

Each dash is +-4

Probably really easy and I’m just overthinking it but please help me

Answers

42 divied by 3kg the after you get that answer then multiply that by 4kg

Step-by-step explanation:

3 kg of rump steak = £ 42

So, 1 kg of rump steak = £ 42/3 = £ 14

So, 4 kg of rump steak = £ 14 × 4 = £ 56

In Tallahassee, Florida, CR 373 intersects non-parallel streets CR 363 and Monroe Street. Which locations/structures represent consecutive (same side) interior angles? Select all that apply.
Fast Food 2 and the Park

the Lake and the Post Office

the Apartments and Fast Food 1

Fast Food 2 and the Grocery Store

the Apartments and the Post Office

the Big Box Store and the Grocery Store

Answers

Answer:

Option (3)

Step-by-step explanation:

Option (1)

Fast food 2 and the Park → Consecutive exterior angles

Option (2)

The lake and the Post office→ Consecutive exterior angles

Option (3)

The Apartments and Fast food 1 → Consecutive interior angles

Option (4)

Fast food 2 and the Grocery store → Linear pair of angles

Option (5)

The Apartments and the Post office → Linear pair of angles

Option (6)

The Big Box Store and the Grocery Store → Consecutive interior angles

Therefore, Option (3) and Option (6) will be the correct options.

Sasha sells T-shirts. Each day she earns a set amount, plus a commission.



Assume Sasha sells 24 T-Shirts in one day. How much would she earn that day?

Answers

Answer:

137$

Step-by-step explanation:

Let the slope of the equation be

[tex]m=\dfrac{\Delta y}{\Delta x}[/tex]

where y = Total pay

x = T-shirts sold

Take any two values of x and corresponding y value

[tex]m=\dfrac{71-68}{2-1}\\\Rightarrow m=3[/tex]

The equation will be

[tex]y=mx+b[/tex]

Finding b

[tex]68=3\times 1+b\\\Rightarrow b=68-3\\\Rightarrow b=65[/tex]

The equation is

[tex]y=3x+65[/tex]

Now sasha sells 24 shirts [tex]x=24[/tex]

[tex]y=3\times 24+65\\\Rightarrow y=137[/tex]

Sasha would earn 137$ on that day.

abel has $10. he buys a hotdogs for $2,and then he buys 5 bags of chips. if he has no money left, what was the cost of each bag

Answers

Answer:

$1.6

Step-by-step explanation:

do 10-2 then you do 8 dived by 5

Answer:

The cost of each bag is $1.6 according to my calculations.

Step-by-step explanation:

what is 5(3x+8) answer?

Answers

Answer:

15x + 40

Step-by-step explanation:

5(3x + 8)

Use the distributive property and multiply 5 by 3x and 8

5(3x + 8)

15x + 40

P>.9 and it is found the statistic is 1.04 Test the claim with 5% significance level. is the test left right or two tailed and what is the p value

Answers

Complete Question

The alternative hypothesis is [tex]H_a : p > 0.9[/tex] and it is found the statistic is 1.04 Test the claim with 5% significance level. is the test left right or two tailed and what is the p value

Answer:

    This a right tailed test

  The p-value is   p-value  = 0.14917

Step-by-step explanation:

From the question we are told that

   The alternative hypothesis is [tex]H_a : p > 0.9[/tex]

   The test statistics is  [tex]z = 1.04[/tex]

    The level of significance is  [tex]\alpha = 0.05[/tex]

Generally this a right tailed test because from the alternative hypothesis p > 0.9 i.e due to the greater than sign signifying that test will be focusing on the right tail of the normal curve

From the z table the area under the normal curve to the right corresponding to 1.04 is  

     P( Z>  1.04 )  = 0.14917

Generally the p-value is mathematically represented as

      p-value  =  P( Z>  1.04 )  = 0.14917

   

Help me ASAP for this question.

Answers

Answer:

C 72

Step-by-step explanation:

complementary meaning they add up to 90 degrees, so 90-18=72

Answer:

72 Degrees

Step-by-step explanation:

Complementary are angles that add up to 90 degrees. So 90 - 18.

Which expression represents the word phrase the product of 3 and 6 more than a number? 3(x+6) 3(6−x) 3x + 6 I don't know.

Answers

Answer:

The answer would be 3(x + 6).

3(x+6) is the expression represents the word phrase the product of 3 and 6 more than a number

What is Expression?

An expression is combination of variables, numbers and operators.

Given,

We need to find the expression of word phrase "the product of 3 and 6 more than a number"

Product means multiplication of two or more numbers.

more than a number means a number is added to it.

Here in the given phrase, x is the added number.

6 more than a number means 6+x

the product of 3 and 6 more than a number

3(x+6)

Hence 3(x+6) is the expression represents the word phrase the product of 3 and 6 more than a number

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Find the area of a square with side length x when x is equal to the given value. Are the area of a square and the length of its side directly proportional? Justify your answer. b x=10 in. PLS HELP WILL MARK AS BRIANLIEST PLSS

Answers

Given:

Side length of square is x = 10 in.

To find:

Area of a square with side length x when x = 10 in.

Check whether the area of a square and the length of its side directly proportional.

Solution:

Area of square is

[tex]Area=(side)^2[/tex]

[tex]Area=x^2[/tex]

For x=10, we have

[tex]Area=(10)^2[/tex]

[tex]Area=100[/tex]

Therefore, the area of square is 100 sq. in. when x=10 in.

For x=1,

[tex]A_1=1^2=1[/tex]

[tex]\dfrac{A_1}{x_1}=\dfrac{1}{1}=1[/tex]

For x=2,

[tex]A_2=1^2=4[/tex]

[tex]\dfrac{A_2}{x_2}=\dfrac{4}{2}=2[/tex]

Here, [tex]\dfrac{A_1}{x_1}\neq \dfrac{A_2}{x_2}[/tex].

Since, [tex]Area=(side)^2[/tex] and ratio of area and sides are not always same, therefore the area of depends on the side but not directly proportional to its side.

10

Steve has 54 stamps in his collection of 13€,

294, and 45¢ stamps, totaling a value of $15.98.

If the number of 13¢ stamps is doubled, the

new total value of his stamp collection would

be $17.80. Find the number of each type of

stamp in his collection.

A) 14- 13€, 24 - 294, 16 - 45€

they felt like it

B) 16- 134, 25 - 294, 13- 45°

she lost a bet

C) 15 - 13€, 24-29€, 15 - 45°

she was bored

D) 15 - 13€, 25 - 294, 14- 454

she thought it was cool

E) 14- 13¢, 25 - 29%, 15 - 45°

it would be fun

Gina Wison II Ting Alpebra LC), 2016

Answers

This question was not written properly

Complete Question

Steve has 54 stamps in his collection of 13 cent, 29 cent, and 45 cent stamps, totaling a value of $15.98. If the number of 13 cent stamps is doubled, the new total value of his stamp collection would be $17.80. Find the number of each type of stamp in his collection.

Answer:

a) The number of 13 cent = 14

b) The number of 29 cent = 24

c) The number of 45 cent = 16

Step-by-step explanation:

We are told he has 54 stamps in total.

These stamps are;13 cent, 29 cent, and 45 cent stamps.

Let's

Number of 13 cent = a

Number of 29 cent = b

Number of 45 cent = c

Hence,

a + b + c = 54........... Equation 1

The total value of the 3 stamps are $15.98.

1 cent = $0.01

We have

0.13a + 0.29b + 0.45c= $15.98 ......... Equation 2

We know from the question that:

13 cent stamps is doubled, the new total value of his stamp collection would be $17.80.

Therefore

2(0.13a) + 0.29b + 0.45c = 17.8

0.26a + 0.29b + 0.45c = 17.8 ......... Equation 3

Combining Equation 2 and 3 together

0.13a + 0.29b + 0.45c= 15.98 ......... Equation 2

0.26a + 0.29b + 0.45c = 17.8 ......... Equation 3

We eliminate b and c by Subtracting Equation 3 from 3

0.13a = 1.82

a = 1.82/0.13

a = 14

a + b + c = 54........... Equation 1

Since a = 14

14 + b + c = 54

b + c = 54 - 14

b + c = 40

c = 40 - b

Substitute 40 - b for c and 14 for a is Equation 2

0.13a + 0.29b + 0.45c= 15.98 ......... Equation 2

0.13(14 ) + 0.29b + 0.45(40 - b) = 15.98

= 1.82 + 0.29b + 18 - 0.45b = 15.98

Collect like terms

1.82 + 18 - 15.98 = 0.45b - 0.29b

3.84 = 0.16b

b = 3.84/0.16

b = 24

Hence: Solving for c

a + b + c = 54........... Equation 1

14 + 24 + c = 54

38 + c = 54

c = 54 - 38

c = 16

Therefore,

The number of 13 cent = 14

The number of 29 cent = 24

The number of 45 cent = 16

If f(x) = 3x - 1 and 2f(b) = 28, what is the value of f(2b)?

Answers

Answer:  29

=================================

Work Shown:

Solve the second equation for f(b)

2f(b) = 28

f(b) = 28/2

f(b) = 14

----------

Plug in x = b and solve for b

f(x) = 3x-1

f(b) = 3b-1 ... replace every x with b

14 = 3b-1 ..... plug in f(b) = 14

3b-1 = 14

3b = 14+1

3b = 15

b = 15/3

b = 5

-----------

f(x) = 3x-1

f(2b) = 3(2b)-1 .... replace every x with 2b

f(2b) = 3(2*5)-1 .... plug in b = 5

f(2b) = 3*10-1

f(2b) = 30-1

f(2b) = 29

Miguel bikes 23 km per hour and starts at mile 10. Gabby bies 28 km per hour and starts at mile 0. Which system of linear equations represents this situation?

Answers

Answer:

y = 23x + 10

y = 28x + 0

Step-by-step explanation:

Given that:

Miguel :

Velocity = 23 km/hr

Starting position = 10 miles

Gabby:

Velocity = 28 km/hr

Starting position = 0 miles

The general form of a linear equation :

y = mx + c

In the scenario above ; the starting points corresponds to the intercept, c

The distance moved per hour (velocity) is the slope (m), which is the change in y per unit change in x

Hence ;

Miguel:

y = 23x + 10

Gabby:

y = 28x + 0

Does the table show a proportional relationship? If so, what is the value of y when x is 11

Answers

Answer:

Yes, the table shows a proportional relationship

The value of y when x is 11 is 1331

Step-by-step explanation:

Let us check the relation between x and y in the table

x = 4 and y = 64

∵ 64 = 4³

y = x³

x = 5 and y = 125

∵ 125 = 5³

y = x³

x = 6 and y = 216

∵ 216 = 6³

y = x³

x = 10 and y = 1000

∵ 1000 = 10³

y = x³

∵ All the values on the table give the same relation

∴ x and y are proportion

The table shows a proportional relationship

∵ y = x³

∵ x = 11

∴ y = (11)³

∴ y = 1331

The value of y when x is 11 is 1331

if (3x_25)⁰ and( x+15⁰) are complemantary angles find the angles. pls answer fast my friend I will mark brainly​

Answers

Answer:

50 degrees, 40 degrees

Step-by-step explanation:

3x-25+x+15=90                       Complementary angles add up to 90 degrees

4x-10=90

4x=100

x=25

75-25=50 and 25 plus 15=40  50+40=90

x=25°

Further explanation

There are two angles that can form:

• Supplementary Angles: if both angles are added = 180 °

• Complementary Angles: if both angles are added = 90 °

(3x-25)+((x+15)=90

4x-10=90

4x=100

x=25°

Which graph shows y = 2x – 12?

Answers

Answer:

(0,6) (0,-12)

Step-by-step explanation:

The equation y = 2x - 12 represents a linear function with a slope of 2 and a y-intercept of -12.

The equation y = 2x - 12 represents a linear function with a slope of 2 and a y-intercept of -12. This means that the graph will have a positive slope, indicating a upward trend, and it will intersect the y-axis at the point (0, -12).

To sketch the graph, you can start by plotting the y-intercept at (0, -12). From there, use the slope of 2 to determine additional points by moving 1 unit horizontally (to the right) and 2 units vertically (upward) to plot another point. Repeat this process to plot more points, then connect them to form a straight line.

Keep in mind that a visual representation is essential for accurately identifying the specific graph of y = 2x - 12.

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is the point (20,13) on this line?

Answers

Answer:

yes

Step-by-step explanation:

the graph needs to be shown for us to answer it.

Step-by-step explanation:

calculate the perimeter of a square with vertices on a circle of diameter 4 cm

Answers

Answer:

I dont like sqaures.

Step-by-step explanation: Their pointy.

a) Write 7.1 x 10² as an ordinary number.

Answers

710

Move the decimal two spaces to the right

Answer:

710 is the answer.

Step-by-step explanation:

7.1 x 10^2

10^2= 10 x 10 = 100

so,

7.1 x 100 = 710

what is the experimental probability that a coin toss will result in two heads showing


what is the experimental probability that a coin toss will result in two tail showing

what is the experimental probability that a coin toss will result in one head and one tail showing ​

Answers

Answer:

50% if its one head and one tail. If it's two heads then it may be 25%

Step-by-step explanation:

Choose the correct answer to 992/16.

Answers

Answer:

62

Step-by-step explanation:

How many times can 16 go into 992.

16*10 = 160

16*50 = 800

Now you have 960

16*2 = 32

Now you have 996

Hope this helps ya!!

The price of an item has been reduced by 15% the original price was $73

Answers

Answer:

$62.05 is the new price

the reduced price is $10.95

Step-by-step explanation:

73*.85=62.05

Expand
(2x + 2)(x + 4

Answers

Answer:

2x^2+10x+8

Step-by-step explanation:

(2x+2)(x+4)

=(2x+2)(x+4)

=(2x)(x)+(2x)(4)+(2)(x)+(2)(4)

=2x^2+8x+2x+8

=2x^2+10x+8

Answer:

Work shown below!

Step-by-step explanation:

[tex](2x+2)(x+4)=2x^{2} +8x+2x+8=2x^{2} +10x+8[/tex]

1+8k=-6+8k how many solutions? marking brainlyest

Answers

Answer:

there is no solutions

Step-by-step explanation:

Answer:

The equation has no solution

Step-by-step explanation:

1 does not equal -6

What is the volume of a box that measures 12cm by 7cm by 19cm

Answers

Answer:

1,596 cm cubed

Step-by-step explanation:

Volume of box = 12*7*19= 1,596 cm cubed

Answer:

1596

Step-by-step explanation:

To find the volume of a box, you multiply the length, width, and height of the box.

So, 12 times 7 is 84 times 19 is 1596.

if 6 litres of petrol cover's 60km , how many litres of petrol will a car need to cover 50km​

Answers

Answer:

5 litres

Step-by-step explanation:

60 ÷ 10 = 6

50 ÷ 10 = 5

So 5 litres of petro

I hope this helped, please mark Brainliest, thank you!

can somebody solve this

Answers

Answer:

36

Step-by-step explanation:

Sylvia plans to place 617 stamps in an album. Each page of the album holds 5 stamps. She uses division to find out how many full pages she will have. How many full pages will she have?

Answers

Answer:

123 full pages

Step-by-step explanation:

Given

[tex]Total\ Stamps = 617\ stamps[/tex]

[tex]Each\ Page = 5\ stamps[/tex]

Required

Determine the number of full page

To do this, we simply divide the total stamps by stamps in each page;

[tex]Pages = \frac{Total\ Stamps}{Each\ Page}[/tex]

[tex]Pages = \frac{617}{5}[/tex]

[tex]Pages = 123.4[/tex]

Then we record only the quotient

The quotient is the digits before the decimal

[tex]Pages = 123[/tex]

Hence, she has 123 full pages

What value of makes the equation 0.25(10x-3)= 1.5(x+2) - 0.75 true?

A. x = 3
B. x= 4
C. x= 3.75
D. x= 4.25

Answers

Answer:

3.75

Step-by-step explanation:

2.5x-.75=1.5x+3

x=3.75

For any linear function f(x) = mx + b, when does 5f(x) = f(5x)?

a) always
b) when b = 0
c) when b = 5/4
d) when b = 5

Answers

Answer:

B

Step-by-step explanation:

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