Question: Assume you have a balance of $1000 on a credit card with an APR of 12%, or 1% per month. You start making monthly payments
of $200, but at the same time you charge an additional $100 per month to the credit card. Assume that interest for a given month is based on
the balance for the previous month. The following table shows how you can calculate your monthly balance. Complete and extend the table to
show the balance at the end of each month until the debt is paid off. How long does it take to pay off the credit carddebt?
nts
Fill out the table row by row and continue until the last full payment. Round to the nearest cent as needed.
Month
Payment
Expenses
Interest
New Balance
a
urces
0
---
$1000
es
1
$200
$100
$10
$910
4/7
fing
2
$200
$100
ection
3
$200
$100
4
$200
$100

Answers

Answer 1

1. The extension of the table to show the month-end balances until full debt settlement is as follows:

Month  Payment  Expenses  Interest   New Balance

0                  $0          $0            $0        $1,000

1              $200         $100       $10        $910 ($1,000 - $200 + $100 +$10)

2             $200         $100      $9.10     $819.10 ($910 - $200 + $100 + $9.10)

3             $200         $100      $8.19     $727.29 ($819.10-$200+$100+$8.19)

4             $200         $100      $7.27    $634.56 ($727.29-$200+$100+$7.27)

5             $200         $100      $6.35    $540.91 ($634.56-$200+$100+$6.35)

6             $200         $100      $5.41     $446.32 ($540.91-$200+$100+$5.41)

7             $200         $100      $4.46    $350.78 ($446.32-$200+$100+$4.46)

8            $200         $100       $3.51    $254.29 ($350.78-$200+$100+$3.51)

9            $200        $100        $2.54   $156.83 ($254.29-$200+$100+$2.54)

10          $200         $100        $1.57    $58.40 ($156.83-$200+$100+$1.57)

11           $200         $100        $0.58   ($41.02) ($58.40-$200+$100+$0.58)

Data and Calculations:

Credit card balance = $1,000

APR = 12%

Monthly APR = 1%

Monthly payments = $200

Monthly charge = $100

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Related Questions

Hello, Sorry To bother you nice ppl but more questions awaits u :)

Answers

Answer:

B. -2x + 10 is the correct answer

Answer:

(C) -2x + 10

Step-by-step explanation:

This is going to be multiplication from the first number outside the "Bubble"

                              -2 multiplied by x = -2x ,

why ? because a negative times a positive makes a negative    

                      Next is -2 multiplied by -5 = 10

why ? because a negative times a negative = equals a positive !

now .. you add up all of the sums together to make an equation ..

                            Answer would be -2x+10

you make 12 equal payments your total is 1308 how much is each payment

Answers

Answer:

109 is the correct answer

the number of students in a chess club decreased from 37 to 19. What is the percent decrease? Round your answer to the nearest percent. The percent decrease is %.

Answers

Answer:

You should be able to get your answer by

Step-by-step explanation:

For example let's sayAbout 33%. You divide 12 by 18 and get 0.6666666 and it goes on. So, rounded to the nearest percent, it is 67%. Then, you subtract it from 100 and get 33%. So the percent decrease is 33%.

Hope this helps

Is there a proportional relationship between x and y? Explain.

Answers

Answer:

c

Step-by-step explanation:

14-11=3

12-9=3

10-7=3

8-5=3

Answer:

A

Step-by-step explanation:

It isn’t proportional because when you graph the coordinates, it doesn’t pass the origin, so it isn’t equivalent. Therefore, making the answer A.

1+×= ???? answer it ​

Answers

Answer:

1+x=x

Step-by-step explanation:

1 is only one letter

Convert (-6, -6) from Cartesian coordinates to polar coordinates. Round the length to the nearest 0.01 Express the
angle in degrees where is between 0 and 360°, and round to the nearest 0.1 degree. Do not enter the degree
symbol in the answer

Answers

9514 1404 393

Answer:

  (8.49; 225°)

Step-by-step explanation:

The angle is a 3rd-quadrant angle. The reference angle will be ...

  arctan(-6/-6) = 45°

In the 3rd quadrant, the angle is 45° +180° = 225°.

The magnitude of the vector to the point is its distance from the origin:

  √((-6)² +(-6)²) = √(6²·2) = 6√2 ≈ 8.4859 ≈ 8.49

The polar coordinates can be written as (8.49; 225°).

_____

Additional comment

My preferred form for the polar coordinates is 8.49∠225°. Most authors use some sort of notation with parentheses. If parentheses are used, I prefer a semicolon between the coordinate values so they don't get confused with an (x, y) ordered pair that uses a comma. You need to use the coordinate format that is consistent with your curriculum materials.

Pls someone help, and fast

Answers

It would be 22.4-16.1 which is 6.3 pounds!

Answer:

So for Shop A 10, a pack of 10 pens is going to be 2.30. To get to 70 pens we must multiply

7x2.30

=$16.10

For Shop B you must  first divide

70 divided by 5 = 14 packs of pens in total, divide 14 by 2 because half of the packs will be half off.

so, 7x1.60

=$11.20- then divide 1.60 by 2 = $0.80,

then multiply by 7

=$5.60, then add the the two numbers for Shop B,

$11.20 + $5.60= 16.80

Step-by-step explanation:

So if you buy pens from Shop A you will spend $16.10, If your buying pens for Shop B you will spend $16.80

The difference from buying pens from Shop A and Shop B would be $0.70

Collect the like terms: 5a + 2b + b - 2a​

Answers

Answer:

5a+2b+b-2a

5a-2a+2b+b

3a+3b

plzz help don't understand

Answers

Answer:

3b

Step-by-step explanation:

[tex]3\sqrt{b^{2} }[/tex]

= 3b

If your answer is b[tex]\neq[/tex]-10 what does it mean

Answers

Answer:

This means that b is not equal to -10.

I am having a hard time on solving this question x4−85=−92 does someone know how to explain it?

Answers

Answer:

X equals positive -1.75

Step-by-step explanation:

because X is muliplying by the common number attached to it (4)

-1.75 times 4 equals -7

thus being -7-85= -92

Answer:

well you have to solve for X  so -1.75 times 4 equals -7 then solve. so your answer would be- X equals positive -1.75

find the slope from the pair of points (0,-5) (2,5)

Answers

Step-by-step explanation:

given points,

(0,-5) and (2,5)

we know,

slope = y2 - y1 / x2 - x1

→ 5 - (-5) / 2 - 0

→ 5+5/2 = 10/2

→ 5

therefore, slope of the line is 5.

HOPE THIS ANSWER HELPS YOU DEAR! TAKE CARE

PLEASE NEED THIS ASAP

Answers

Answer:

The answer is in the above attachment.

What is the value of -2(x+5)​

Answers

Answer:

-2x-10

Step-by-step explanation:

You have to use the distributive property to solve this problem. You multiply the things inside the parenthesis by -2. -2x+-2x5 = -2x+(-10) = -2x-10

Ty'Sean went to the bowling alley and spent $14.50. If his rental shoes cost $4.50 and he played in 5 games, what was the price per game?

Answers

Answer:

$2 each

Step-by-step explanation:

$14.50-$4.50=$10.00

10.00/5 games =$2 each

A veterinarian prescribed Sunny, a 75 pound dog, an antibacterial medicine in case an infection emerges after her teeth were cleaned. If the dosage is 4 mg for every pound, how much medicine was Sunny given?

Sunny was given mg of medicine.

Answers

Answer:

Step-by-step explanation:

The dog is 75 pounds

1 pound requires 4 mg

75 pounds requires 4*75 = 300 mg

Solve for x.

−2x−1+3x=7


x=−2

x=−1

x = 6

x = 8

Answers

Answer:

x=8 is the answer. x-1=7 => x=7+1= 8

Any athlete who fails the Enormous State University's women's soccer fitness test is automatically dropped from the team. Last year, Mona Header failed the test, but claimed that this was due to the early hour. (The fitness test is traditionally given at 5 AM on a Sunday morning.) In fact, a study by the ESU Physical Education Department suggested that 46% of athletes fit enough to play on the team would fail the soccer test, although no unfit athlete could possibly pass the test. It also estimated that 37% of the athletes who take the test are fit enough to play soccer. Assuming these estimates are correct, what is the probability that Mona was justifiably dropped

Answers

Using conditional probability, it is found that there is a 0.7873 = 78.73% probability that Mona was justifiably dropped.

Conditional Probability

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)}[/tex]

In which

P(B|A) is the probability of event B happening, given that A happened. [tex]P(A \cap B)[/tex] is the probability of both A and B happening. P(A) is the probability of A happening.

In this problem:

Event A: Fail the test.Event B: Unfit.

The probability of failing the test is composed by:

46% of 37%(are fit).100% of 63%(not fit).

Hence:

[tex]P(A) = 0.46(0.37) + 0.63 = 0.8002[/tex]

The probability of both failing the test and being unfit is:

[tex]P(A \cap B) = 0.63[/tex]

Hence, the conditional probability is:

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.63}{0.8002} = 0.7873[/tex]

0.7873 = 78.73% probability that Mona was justifiably dropped.

A similar problem is given at https://brainly.com/question/14398287

is 6 x 8 4 x 12 equal or not equal

Answers

Answer:

both is 48

Step-by-step explanation:

Round 61.373737842 to the nearest ten-millionth ​

Answers

Answer:

61.3737378

Step-by-step explanation:

First find the ten millionth digit, and the digit after it.

The digit "8", the seventh digit to the right of the decimal point is the ten millionth digit.

As the digit after "8" is 4, which is less than 5, so simply round the digit "4" down.

Thus the answer is 61.3737378

Frank is going to buy some ties
at $7.50 per tie and some shirts
at $18.50 per shirt. If he buys
twice as many ties as shirts and
spends no more than $205, what is the greatest number of shirts he
can buy? [All prices include tax.]

Answers

Answer:

  6 shirts

Step-by-step explanation:

The cost of a shirt and 2 ties is ...

  $18.50 +2(7.50) = $33.50

For $205, Frank can buy $205/$33.50 = 6.12 sets of shirt and ties.

Frank can buy 6 shirts (and 12 ties) for an amount less than $205.

_____

Additional comment

Frank's cost will be $201 for that purchase.

4)
4826 Fans attended the
Bears vs. Wildcats footbal game.
The number of Wildcat fans was
250 less than three times the
number of Bear fans in attendance
How many Wildcat fans were at
the game? How many
Bear Fans were there?

Answers

The number of Wildcat fans were at  the game is 3557.

The number of  bears fans at the game is 1269.

Let:

W = number of wildcats fans at the game

B = number of bears fans at the game.

The total number of fans at the game: W + B = 4826

This equation can be used to represent the number of wildcats fans at the game: W = 3b - 250

Replace for w in the above equation:

3b - 250 + b = 4826

To determine the value of b, take the following steps

Combine and add similar terms

4b = 5076

Divide both sides by 4

b = 1269

To determine the value of w, substitute for b in the first given equation.

W + 1269 = 4826

w = 4826 - 1269

w = 3557

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what is the slope of the line?

Answers

The slope is 8/5 or 1.6

Solve the compound inequality.
3x + 1 <4 or 9x > 31

Answers

Answer:

Step-by-step explanation:

3x < 4 - 1   or x > 31/9

3x < 3 or x > 31/9

x < 1  or x > 31/9

Simplify the expression, ((p^(-2)+1/p)^1 )^p, when p=3/4, in both radical and rational exponents forms.

Radical form: Rational exponent form:

this question requires two answers please

Answers

Answer:

(1/27)252^(3/4)(1/27)fourth root(252^3)

Step-by-step explanation:

The exponent of 1 can be ignored. This means we're simplifying ...

  [tex]\left(\left(\dfrac{3}{4}\right)^{-2}+\dfrac{1}{\left(\dfrac{3}{4}\right)}\right)^{3/4}=\left(\dfrac{16}{9}+\dfrac{4}{3}\right)^{3/4}=\left(\dfrac{28}{9}\right)^{3/4}\\\\=\left(\dfrac{28\cdot9}{3^4}\right)^{3/4}=\boxed{\dfrac{252^{3/4}}{27}}\qquad\text{rational exponent form}\\\\=\boxed{\dfrac{\sqrt[4]{252^3}}{27}=\dfrac{\sqrt[4]{16003008}}{27}}\qquad\text{radical form}[/tex]

If (x + 4) is a factor of f(x), which of the following must be true?

Group of answer choices

f(-4) = 0

Neither x = -4 nor x = 4 are roots of f(x).

Both x = -4 and x = 4 are roots of f(x).

f(4) = 0

Answers

f(-4) = 0

Here, we replace x with -4. In doing so, we see that (-4+4) is indeed 0, making this the correct answer.

The next two choices are incorrect since only -4 is a root of f(x), as explained above (a root occurs when the function equals zero when plugging in that “root”).

The last answer is incorrect since plugging in 4 will get f(4)=8.

Anyone to help me answer this question am giving the brainliest

Answers

[tex]▪▪▪▪▪▪▪▪▪▪▪▪▪  {\huge\mathfrak{Answer}}▪▪▪▪▪▪▪▪▪▪▪▪▪▪[/tex]

As we know,

[tex] \boxed{\sin(a + b) = \sin(a) \cos(b) + \cos(a) \sin(b) }[/tex]

and

[tex] \boxed{\sin(a - b) = \sin(a) \cos(b) - \cos(a \sin(b) ) }[/tex]

now, let's add them as shown ~

[tex] \boxed{\sin(a + b) + \sin(a - b)} [/tex]

[tex] \boxed{ \sin(a) \cos(b) + \cos(a) \sin(b) + \sin(a) \cos(b) - \cos(a) \sin(b) }[/tex]

[tex] \boxed{2 \sin(a) \cos(b) }[/tex]

-2 (x+5) = 4
use the distributive property to solve the equation

Answers

Ok
-2x-10=4
Add 10 on both sides
X = -7
-2=14
Divide by -2

Use the Pythagorean Theorem to find the missing length and
then round the result to the nearest tenth.
a = 12, b = 12, C =

Answers

Step-by-step explanation:

c = 12√2. or 16.968.

hope this helps you.

Since both a & b have the same measurements, the triangle is a right angled isosceles triangle (we use pythagorean theorem only for right angled triangles). So, C is obviously the hypotenuse of the triangle (the longest side).

According to the pythagorean theorem,

Hypotenuse² = Base² + Altitude²

C² = A² + B²

C² = 12² + 12²

C² = 144 + 144

C² = 288

C = √288

C = 16.975

C = 17 (approx.)

______

RainbowSalt2222 ☔

What is the net pay for these details?
$764 gross pay
Federal withholding $128
FICA $41.87
State $45.15
Health $19.25
A. $529.73
B. $568.23
C. $658.53
D. $703.77​

Answers

Answer:

Its a

Step-by-step explanation:

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