jacque7jajbianKit jacque7jajbianKit

25-03-2017
Mathematics

contestada

Lenny has a remaining balance on his credit card of $3,000. His credit card has an APR of 20 percent. How much will he pay in interest in one month?
$50.20
$600
$50.00
$6.00

Respuesta :

Aliwohaish12 Aliwohaish12

25-03-2017

A=p(1+i/m)^mn
P=3000
i=0.20
M=12
n=1/12
A=3,000×(1+0.20÷12)^(12*1/12)
=3,050
Interest earned=3050-3000=50

Answer Link

Otras preguntas

Three friends decide to evenly split their bill at a restaurant. The total bill is $84.99 and they will have to pay an additional $5.10 tax. One of the friends

10 students in a cooking club want to attend a cook off. The ticket price is $25 for each student, and the tramsportation for everyone will cost $80.To pay for

a righ circular cylinder of a volume 36.96 cm3 and the radius length of its base is 1.4 cm then find its height (pie = 22 over 7). help pls

It is estimated that up to 20,000 effigyemounds were created just in Wisconsin

Given that the volume of a rectangular prism is given by the formula V = lwh, what is the value of V if l = 7 cm, w = 5 cm, and h = 4 cm?

What is the solution to the system of equations? x+y = 2 x -y =4 (__ , ____)

Judge Danforth says, "a person is either with this court or he must be counted against it, there be no road between" (Act 3, Scene 1). What happens to a society

Help me!! <ABC = ____?

The green line below

1. One drawback of mailed marketing surveys is A. the process is inconvenient for the respondent. B. the high cost. C. longer response times, s