The balance on a credit card, that charges a 28.5%
APR interest rate, over a 1 month period is given
in the following table:
HUKUTH
Days 1-3:
$150 (initial balance)
($50 purchase)
Days 4-20: $200
Days 21-30: $50 ($150 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
Hint: First, calculate the balance for the 30 days. To do this,
take the number of days and multiply it by the balance.
What was the balance for the first 3 days?
3($[?]) +
($200) +
($50)

Answers

Answer 1

The finance charge on the average daily balance for this credit card over the 1-month period is approximately $84.31.

To calculate the finance charge on the average daily balance for this credit card over a 1-month period, let's break down the information provided.

The balance for the first 3 days is given as $150 (initial balance) minus a $50 purchase, which equals $100.

Next, we need to calculate the balance for the remaining days:

Days 4-20: The balance remains constant at $200 for 17 days, so the total balance for these days is 17 [tex]\times[/tex] $200 = $3,400.

Days 21-30: The balance is $50 due to a $150 payment made.

To calculate the finance charge on the average daily balance, we need to determine the total balance for the entire 30-day period.

Summing up the balances for each period:

Balance for the first 3 days: $100

Balance for days 4-20: $3,400

Balance for days 21-30: $50

Total balance for the 30-day period: $100 + $3,400 + $50 = $3,550

Now, to calculate the finance charge, we multiply the total balance by the monthly interest rate.

The monthly interest rate can be found by dividing the annual percentage rate (APR) by 12.

Monthly interest rate = 28.5% / 12 = 0.02375

Finance charge = Total balance [tex]\times[/tex] Monthly interest rate = $3,550 [tex]\times[/tex]0.02375 ≈ $84.3125

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Related Questions

1. Select the sets of ordered pairs that represent a function.

A)(0,3),(1,4),(2,5),(1,6),(0,7)
B) (-2,0),(0,1),(2,2),(4,3),(6,4)
C) (2,4),(0,2),(2,0),(0,-2),(2,-4)
D) (3,-2),(4,-3),(5,-4),(6,-5)
E) (3,-2),(-2,3),(4,-1),(-1,4)

*Select all that apply

The first people to answer i give brainliest answer!!
I give 10 points!!

Answers

Answer:

B, D, and E

Step-by-step explanation:

The x values don't repeat for those sets, therefore they are functions.

Line n intersects lines 1 and m, forming the angles shown in the diagram below.
which value of x would prove l parallel to line m?
A. 2.5
B. 4.5
C. 6.25
D. 8.75​

Answers

Answer:

B. 4.5

Step-by-step explanation:

(6x + 42)° and (18x - 12)° are alternate interior angles. If line l is parallel to line m, therefore,

6x + 42 = 18x - 12

Solve for the value of x. Combine like terms.

6x - 18x = -42 - 12

-12x = -54

Divide both sides by -12

-12x/-12 = -54/-12

x = 4.5

Therefore, x = 4.5 would prove lines l and m are parallel to each other.

What is 10+3x=5-2x

Choices -1 and 1

Answers

Answer:

x = -1

Step-by-step explanation:

First subtract the constants, which in this case is 10, on both sides.

Then add 2x on both sides

then you should have 5x = -5

After you get that, divide 5 on both sides.

Finally, your answer is x = -1

what does x= ??
ASAP thank youuuuuuuu

Answers

14.14 is there answer to this

Anita saved $325 to give to her grandchildren at the end of the year . If she has 17 grandchildren and divided the money equally among them, how much money does she give each child ?

Answers

Answer: $19 or $19.1176471 to be exact

A $250 suit is marked down by 10%. Find the sale price

Answers

Answer:

$225

Step-by-step explanation:

calculator

The value of y varies directly with x, and y = 15 when x = 9. What is the value of x if y = 20?

Answers

answer: x = 14

x is 5 less than y

Answer:

14

Step-by-step explanation:

I'll be awarding BRAINLIEST!! :) Please help!

The pair of points (6, y) and (10, -1) lie on a line with the slope 1/4. What is the value of y?
A. -5.
B. -2.
C. 2.
D. 5. ​

Answers

Answer:           -2

Step-by-step explanation:    (6,-2) (10, -1)

Slope: y2 - y1 divided by x2 - x1

(x1, y1) = (6,-2)

(x2, y2) = (10,-1)

m = 1/4

intercept of each of the follow
y = -x - 4
M=
B=

Answers

Answer:

M=-1    B=(0.-4)

Step-by-step explanation:

Answer:

m = -1, b = -4  

Hope this helps!

its f(-3)=6x+3. can someone pls help me solve this.

Answers

Answer:17

Step-by-step explanation:

which equations are correct?

Answers

The first and last one are correct

Which point is located at (–3, –2)?
A. C
B. D
C. F
D. G

Answers

Answer:

C.

Step-by-step explanation:

STAN THE9 STAN THE9 STAN THE9

F point is located at (–3, –2)

What is co-ordinate geometry ?

Coordinate geometry (or analytic geometry) is defined as the study of geometry using coordinate points. With the help of coordinate geometry, it is possible to find the distance between two points, the dividing line with the ratio m:n, the center of a line, calculate the area of a triangle on the Cartesian plane, etc.

Here we want to find which point is located at (–3, –2)?

We have here four options.They are C,D,F,G.

Here by the given graph,

Co-ordinate of point A is (3,4)

and co-ordinate of point B is (-1,3)

and location of point C is (-2,2)

and location of point D is (2,0)

and location of point E is (-1,0)

and co-ordinate of point F is (-3,-2)

and co-ordinate of point G is (3,-2)

and location of point H is (0,-4)

According to question,

Point F is the point is located at (–3, –2).

This is a problem of co-ordinate geometry.

Know more about co-ordinate geometry:

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Find r when (5)* r/3 = 125.

Answers

Answer:

5 to the power of 3 is 125, so since the denominator is 3 you need a  numerator that will simplify to 3.

9 divided by 3 equals 3, so your numerator will be 9.

Hope it helps!

Step-by-step explanation:

The value of 'r' in the given equation is 9, as per cube of a number.

What is the cube of a number?

If we multiply a number two times with the same number, then the result is called the cube of the first number.

If a number is 'x' and we multiply it with 'x' two times, then the result will be 'x³'. Here,  'x³' is the cube of 'x'.

The given equation is:

[tex]5^{r/3} = 125[/tex]

⇒ [tex](5^{r/3})^{3} = (125)^{3}[/tex]

⇒ [tex](5^{r}) = (5)^{9}[/tex]

⇒ r = 9

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Between 9 pm and 6:36 am, the water level in a swimming pool decreased by 6/25in. Assuming that the water level decreased at a constant​ rate, how much did the water level drop each​ hour?

Answers

Answer:

shqhgsgs

Step-by-step explanation:

Answer for points and do it right with work pls

Answers

Answer: B

Step-by-step explanation:

If m∠A is less than 90°, then ∠A is an acute angle. m∠A = 75°. What can you logically conclude using the Law of Detachment?

A. ∠A is acute.
B. ∠A is right.
C. ∠A is obtuse.
D. Not enough information

Answers

Answer:

A. ∠A is acute.

Step-by-step explanation:

An acute angle is any angle < 90°

Which real world situation CANNOT be represented by
x + 8 = 2x + 4?

Correct answer will get
brainliest!

A. Carls age increased by eight years is the same as twice his age increased by four years. What is Carl’s age now

B. A number added to 8 is the same as 4 increased by twice the number. What is the number , x?

C. Two triangles are similar. The base of triangle A is 8 Units more then its height. The base of triangle B is 4 Units more than twice it’s height. What is x , the height of the triangles?

D. If a number is increased by 8 , then it will equal 4 times the number increased by 2. What is x , the number.

Answers

Answer:

D. If a number is increased by 8, then it will equal 4 times the number increased by 2. What is x?

4/3x -(2/3x) I need help​

Answers

Answer: 2/3x

Step-by-step explanation: 4 - 2 = 2 so 4/3x - 2/3x = 2/3x.

Answer:

2/3x

Step-by-step explanation:

Question 2 (1 point)
Select all the tables that could represent proportional relationships.
x/y
a
0/0
b
3/7
c
6/14
I need help ASAP

Answers

Answer:

Step-by-step explanation:

Désolé mais je ne comprends pas

I’m pretty sure it’s b

Use an algebraic equation to find the measures of the two angles described below. Begin by letting x represent the degree measure of the​ angle's supplement.

The measure of the angle is thirty dash five times greater than its supplement.


What is the measure of the​ supplement?

Answers

Answer:

Step-by-step explanation:

For two angles x and y to be supplementary, the sum of the angles must be 180°

x+y = 180

x = 180-y... 1

If the measure of the angle is five times greater than its supplement this is expressed as:

x = 5y…. 2

Substitute equation 2 into 1

5y = 180-y

5y+y = 180

6y = 180

y = 30°

Hence the measure of the supplement is x = 5y

x = 5(30)

x = 150°

Question 2 of 5
Find the greatest common factor (GCF) of 66 and 77.
A. 6
B. 7
C. 11
D. 12

Answers

the greates common factor is c:11 you welcome

Answer:

C.11

Step-by-step explanation:11*6=66 11*7=77

thought of a two-digit number. The unit digit of my number is 7 more than the tens digit cubed. What is my number

Answers

Given:

In a two digit number, the unit digit of my number is 7 more than the tens digit cubed.

To find:

The two digit number.

Solution:

Possible digits for ones places are 0,1,2,3,4,5,6,7,8,9.

Zero cannot be on tens places.

Possible digits for tens places are 1,2,3,4,5,6,7,8,9.

If digit on tens place is 1, then digit on ones place is

[tex]1^3+7=1+7[/tex]

[tex]1^3+7=8[/tex]

So, the required number is 18.

If digit on tens place is 2, then digit on ones place is

[tex]2^3+7=8+7[/tex]

[tex]2^3+7=15[/tex]

It cannot be possible because 15 is not a digit it is a two digit number.

Similarly, other numbers except 1 on the tens place are not possible.

Therefore, the required number is 18.

what is $9.95-$7.45 in math

Answers

Answer:

2.50$

Step-by-step explanation:

Answer:

$2.50

Step-by-step explanation:

(x+2)(x - 7)(x - 13)>0

Answers

Answer:

-2<x<7      x>13

Step-by-step explanation:

simply (x^2+3)^2 - (x^2 - 1)^2​

Answers

I think the answer is 8(x^2+1):)

PLEASE AWNSER

Simplify negative 4 over 5 ÷ 3 over negative 2.

Answers

Answer:

8/15

Step-by-step explanation:

The reason is because to multiply, you take the reciprocal of the fraction...

So

4/5/3/-2, right? So that's basically -4/5 ÷ 3/-2 so 4/5 * -2/3. The reciprocal of a fraction is literally just flipping it. Now, you know how to multiply, right?

-4/5 * -2/3 = (you can't simplify) 8 (negative times negative = positive) / 5*3

so 8/5*3 = 8/15. 8/15 is 0.53333, or you can just keep it as a fraction.

Write the equation in Slope Intercept form for the line that passes through (-2,-11) and is perpendicular to the x-axis. m= _______ Equation: ________________________________

Answers

Answer:

x = -2

Step-by-step explanation:

Line perpendicular to x-axis is going to be parallel to y-axis

The formula for this line is

x = b

Considering the given point (-2, -11)

x = -2

Factor
3x^2+5x-8
Use step by step explaining how you got that answer

Answers

Answer: (x-1)(3x+8)

Step-by-step explanation:

Slide and divide method

See what multiplies to get -24 (because of 3 and -8) and what adds to get 5

Put those into factoring form (x-3)(x+8) without a number in front of the x’s

Divide the numbers by what isn’t in front of the x’s (-3/3 and 8/3)

Simplify them and if it doesn’t divide perfectly, put the denominator in front of the x

Solution

**I can’t explain it well but watch a video on the method AND ONLY DO IT IF IT WORKS WELL FOR YOU**

CAN SOMEONE PLEASE ANSWER THIS QUICK.

1.) Change these numbers into a mixed number.

- 3.60555

- 9.38083

- 10.04988

Answers

3 12111/20000

9 38083/100000

10 1247/25000



An integer N is less than its opposite. Which of the
​following must be true of the integer?
​​
A

​The integer is less than zero.
​​
B

​The integer is zero.
​​
C

​The integer is between zero
​and one.
​​
D

​The integer is greater than
​one.
​​

Answers

Answer:

A is correct

Step-by-step explanation:

The opposite of a negative is a positive. Anything positive is bigger than a negative

Answer:

A

Step-by-step explanation:

I got it right on the test and can confirm that a is the correct answer

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