You owe $1,753.42 on a credit card with a limit of $3,000.00 at a rate of 15.5% APR. You pay $400.00 the first 2 months and then
$200.00 until the bill is paid off. You pay the bill on the due date each month.
1) Complete the table showing the decreasing debt.
2) How much is your last payment?
3) What is the total amount paid by the time you pay off the credit card?
4) What was your debt ratio at the beginning?
Be sure to include in your response:
All parts of the table are complete and calculations correct
The answers to the additional questions
Month
Principal
Interest
accrued
Payment (on
due date)
End-of-
month
balance

Answers

Answer 1

9514 1404 393

Answer:

see attached$33.97$1833.970.584

Step-by-step explanation:

1. We cannot be sure of your table headings, so we used ones that seem to fit. The completed table is attached.

The amount of interest is computed first. It is the product of the previous balance and the monthly interest rate: 0.155/12. This amount is rounded to cents, as it would be in real life.

The remainder of the payment after interest is paid goes to reduction of the principal amount owed. That payment to principal is subtracted from the previous EOM Balance to give the new end-of-month balance.

The total of payments to date is found in the Accrued Pmt column.

__

2. For the last payment, we made note of the interest owed and the outstanding balance, and added those values to get the payment amount. The result is the final balance is zero. The last payment is $33.97.

__

3. The total of all payments is $1833.97.

__

4. The "debt ratio" is presumed to mean the ratio of the credit card balance to the credit card limit. That ratio is ...

  1753.42/3000 ≈ 0.584 . . . . "debt ratio"

_____

Additional comment

Various definitions of "debt ratio" are used by different folks for different purposes. Sometimes, it means the ratio of debt to income. Sometimes it means the ratio of minimum payments due to income. Here, we're not given any income information, so we presume the ratio is supposed to mean the fraction of credit limit that is being utilized.

You Owe $1,753.42 On A Credit Card With A Limit Of $3,000.00 At A Rate Of 15.5% APR. You Pay $400.00

Related Questions


Help please 6th grade math

Answers

Answer:

You would just plot it on the 1

the absolute value of positive 1=1

Use the given figure (triangular)to find the length of x. x+14 28 ​

Answers

Step-by-step explanation:

Answer. Finding the missing side of a right triangle is a pretty simple matter if two sides are known. One of the more famous mathematical formulas is a2+b2=c2 a 2 + b 2 = c 2 , which is known as the Pythagorean Theorem.

IM MARKING BRAINLEST IF U HELP PLEASE!!!

Answers

Angle A = 133 degrees

47 degrees and angle A are supplementary angles/a linear pair, which means that they add up to 180.

180 - 47 = 133

Angle B = 15 degrees

The sum of the interior angles in a triangle is 180.

a + 32 + b = 180

133 + 32 + b = 180

b = 15

Angle D = 58 degrees

32 degrees and angle D are complementary angles, which means that they add up to 90.

90 - 32 = 58

Angle C = 75 degrees

The sum of the interior angles in a triangle is 180.

c + d + 47 = 180

c + 58 + 47 = 180

c = 75

Hope this helps!! :)

Serena deposits $1200 into a savings account that earns simple interest. The interest is applied to her account at the end of each year. Complete the table

Answers

Answer:

lu have to ask mss v for the question

please help i dont understand this

Answers

Answer:

I would try cymath

I can't solve this so I would use cymath or copy and paste your answer to go 0gle and you might find another brainly question with this

Proof Hexagon:
Hey, I'm a German 11th grader and we currently have a tough geometry question: The centers A, B, C of three congruent circles that have no common points do not lie on the same straight line. From points A, B, C, the six tangents shown in the figure are placed on the circles that enclose a convex hexagon.Prove: The sums of the lengths of three pairs of not immediately adjacent sides of this hexagon are equal, i.e. | PQ | + | RS | + | TU | = | QR | + | ST | + | UP |
How can I prove this? I already found out that the triangles on the sides of the hexagon are not pairwisely congruent, as i first thought. I think my other idea that the red and orange triangles (attachment) are congruent, so the sum of the areas of the triangles on the above mentioned sides is equal, but the congruency of red and orange must be proven too. Any help is appreciated!

Answers

If I'm not wrong, then the answer will be:-

Given

• centers A, B, C

• three congruent sides

• have no common points

So, the result is:-

| PQ | + | RS | + | TU | = | QR | + | ST | + | UP |

Proved

I hope this answer is correct and helps you.

✍️ By Benjemin ☺️

Can someone help with this question fast ? <3

Answers

Answer:

x=7

Step-by-step explanation:

x+x+3+2x-1=30

4x+2=30

4x=30-2

=28

x=28÷4

=7

solve pls brainliest

Answers

Answer:

a) 5

b) 9

Step-by-step explanation:

The lines by the side decide absolute value, meaning distance from zero. for question A, simply add the integers to get -5. With the absolute value lines surrounding the question, you must make the answer 5 instead of -5 to show the distance from zero. In easier words, absolute value is just the positive number of an integer. For question B, the absolute value is surrounding just the -7, making it a positive 7. So, you simply just add 7 + 2 for question B, getting 9.

Use the formula below to find the 25th term in the geometric sequence.
an= (-3)2^n-1
A. -100,663,296
B. -50,331,648
C. -25,165,824
D. 50,331,648

Answers

Answer:

B.

Step-by-step explanation:

To solve, substitute 25 in for x:

[tex]a_{x} = (-3)2^x^-^1[/tex]

[tex]a_{x} = (-3)2^2^5^-^1[/tex]

[tex]a_{x} = (-3)2^2^4[/tex]

[tex]a_{x} = (-3)(16777216)[/tex]

[tex]a_{x} = -50331648[/tex]

Write a problem based on the given information.
7.) c = cost per pound of plain coffee beans
C + 3 = cost per pound of flavored coffee
beans 2c + (c + 3) = 21

Answers

4c+ 3 = the number of coins so therefore that is the equation you need to use

Hey ! Can anyone help me with this question please . Thank you !

Answers

Answer:

[tex]x=7[/tex]

Step-by-step explanation:

Corresponding angles in  parallel lines are equal. (m// n)

Therefore,

[tex]4x-13 =x+8\\4x-x=13+8\\3x=21\\\frac{3x}{3} =\frac{21}{3} \\x=7[/tex]

Hope this helps you.

Let me know if you have any other questions :-)

The answer is x=7

4x-13=x+8
+13. +13


4x=x+21
-x. -x

3x=21

Then divide both numbers by three and the answer is x=7

Hope this helps:)

How many 1/3 cup serving are there in 10/3 cups of dried beans

Answers

sense they gave the same denominator, just multiply, so 1/3 x 10/3 would just be 10.

A fraction is written in the form of a numerator and a denominator where the denominator is greater than the numerator.

The number of 1/3 cups of servings in 10/3 cups of dried beans is 10 cups of servings.

i.e

= 10/3 ÷ 1/3

= 10/3 x 3/1

=  10/3 x 3

= 3

What is a fraction?

A fraction is written in the form of a numerator and a denominator where the denominator is greater than the numerator.

Example: 1/2, 1/3 is a fraction.

We have

Number of dried beans = 10/3 cups

The number of 1/3 cup servings can be found by dividing the total number of cups of dried beans by 1/3.

The number of 1/3 cup servings:

= Number of dried beans cups ÷ 1/3

= 10/3 ÷ 1/3

= 10/3 x 3/1

= 10 cups servings

Thus,

The number of 1/3 cups of servings in 10/3 cups of dried beans is 10 cups of servings.

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PLSS PLS PLSSS HELP ME WITH THIS I'M SOO TIRED OF SCHOOL I DON'T UNDERSTAND THIS SIGHH I WILL MARK YOU AS BRAINLIEST IF YOU ANSWER THIS CORRECTLYY PLS AND TYY

Answers

Answer:

ew

Step-by-step explanation:

8% of what number is 1.2

Answers

Answer; 15.

Mark me brainiest if helped!

The polynomial of degree 4, P ( x ) , has a root of multiplicity 2 at x = 1 and roots of multiplicity 1 at x = 0 and x = − 2 . It goes through the point ( 5 , 336 ) . Find a formula for P ( x ) . P ( x ) =___
Show your work

Answers

We want to find a polynomial given that we know its roots and a point on the graph.

We will find the polynomial:

p(x) = (183/280)*(x - 1)*(x - 1)*(x + 2)*x

We know that for a polynomial with roots {x₁, x₂, ..., xₙ} and a leading coefficient a, we can write the polynomial equation as:

p(x) = a*(x - x₁)*(x - x₂)...*(x - xₙ)

Here we know that the roots are:

x = 1 (two times)x = 0x = -2

Then the roots are: {1, 1, 0, -2}

We can write the polynomial as:

p(x) = a*(x - 1)*(x - 1)(x - 0)*(x - (-2))

p(x) = a*(x - 1)*(x - 1)*(x + 2)*x

We also know that this polynomial goes through the point (5, 336).

This means that:

p(5) = 336

Then we can solve:

336 = a*(5 - 1)*(5 - 1)*(5 + 2)*5

336 = a*(4)*(4)*(7)*5

336 = a*560

366/560 = a = 183/280

Then the polynomial is:

p(x) = (183/280)*(x - 1)*(x - 1)*(x + 2)*x

If you want to learn more, you can read:

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Zayn puts garland around a square window. He uses 888 meters of garland.
What is the height of the window?

Answers

Answer:

222 meters

Step-by-step explanation:

Zayn puts a total of 888 meters of garland around a square window.

Because a square has all equal sides, divide the amount of garland he used by 4 to find how much is used per side:

888 ÷ 4 = 222

So, the height of the window is 222 meters.

27. Representative Sample? You want to determine the average number of classes skipped by
first-year students at a small college during a particular semester. State whether each of the
following samples is likely to be representative and explain why or why not.
Sample 1: 100 first-year students who belong to a sorority or fraternity
Sample 2: 100 first-year students who play a varsity sport
Sample 3: The first 100 first-year students whom you meet at the student union
Sample 4: 100 first-year students taking honors humanities,, courses

Answers

A sample is said to be representative if the selection made form have population is free of bias. Evaluating the selection criteria listed above :

Sample 1 will not likely be representative as students who do not belong to either a sorority or fraternity are automatically exempted from the selection.

Sample 2 will not likely be representative because not all students play a varsity sport, hence students who do not play a varsity sport won't have a chance of being selected.

Sample 3 is a convenience sampling technique, they often exhibit sampling bias hence, sample 3 is not representative of the population.

Sample 4 will not likely be representative as students taking other courses aside humanities have no chance of being selected.

Therefore, all the sampling methods are not representative of the population of first year student.

Learn more : https://brainly.com/question/18405415

si a+b = 40; ab= 40 calcula a2 + b2

Answers

a² + b² = 1,520

Step-by-step explanation:

a + b = 40ab = 40

a² + b²

= (a + b)² - 2ab

= 40² - 2(40)

= 1,600 - 80

= 1,520

15 Which line passes through the point (1.-4)? A x + y = 5 B.X + y = 5 c.xy=5 D.x-y=.5​

Answers

Answer:

Step-by-step explanation:

A x + y = 5  1 + -4 = -3  Nope

B.X + y = 5  1 + -4 = -3  Nope  same as A unless X is somehow not equal to x,

C. xy = 5      1(-4) = -4    Nope and does not even qualify as a line.

D. x - y = .5​  1 - (-4) = 5 Nope unless you have a typo adding an unwanted decimal point

Try It!
Suppose that Katie finished the race 0.13 second before Amy. What was Katie's
time in the race? Use an estimate to check that your answer is reasonable.

Answers

wouldnt you need to know amys time??

which equation does not belong with the other three A. y=-5x-1 B.2x-y=8 C. y=x+4 D. y= -3x+13

Answers

Answer:B

Step-by-step explanation:

All other equations solve for Y

If you divide the age of the first President Bush when he was inaugurated by 2 and add 14 years, you get the age of President Clinton when he was first inaugurated. How old was President G.H.W. Bush when he was inaugurated?

Answers

Answer:

64Step-by-step explanation:32+14=46

Step-by-step explanation:

lf you divide the age of the first President Bush when he was inaugurated by 2 and add 14 years, you get the age of President Clinton when ...

1 answer

Age of President G.H.W. Bush  is 37.

What is Unitary Method?

The unitary method is a technique for solving a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.

Given:

Age of President Bush = 54,

So, Age of President Clinton

=(54/2) + 14

=27+14

=41

Now, Age of President G.H.W. Bush

=46/2+14

=23+14

=37

Hence, the age of President G.H.W. Bush  is 37.

Learn more about unitary method here:

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Which of the following equations represents a linear function?
A) 2x - 4y = 6
B) 3x3- y= -2
C) y=√4x
D) y = 6/x

Answers

Answer:

Step-by-step explanation:

ANSWER: Linear

Proof/Explaing

-5^2 - (-5)^2 PLS SOLVE FAST!!!!! I WILL GIVE BRAINLIST...... BUT I NEED ANSWER CORRECT

Answers

Answer: -50

Step-by-step explanation:

Choose the number sentence that illustrates the distributive property of multiplication over additional

Answers

Answer: A

Step-by-step explanation:

It distributed into 5x 4 and 5 x 9. Lemme get brainliest

Answer:

A

Step-by-step explanation:

The population P of a small town, measured in hundreds, is modeled by the inverse of the function P−1(t) = 10ln(50t − 1000), where t is measured in years. Find the equation to model the population and determine its initial value.

P = 5t +100 where P(0) = 100
P = 1/50 In(0.1t)+20
P = 1/500e^t + 20
P = 1/50e^0.1t + 20

Answers

Using the inverse function, it is found that the equation is:

[tex]P(t) = \frac{e^{0.1t}}{50} + 20[/tex]

It's initial value is 20.

---------------------------

We want to find the inverse of:

[tex]y = P^{-1}(t) = 10\ln{50t - 1000}[/tex]

To do this, we exchange y and t, and isolate y.

Then:

[tex]10\ln{50y - 1000} = t[/tex]

[tex]\ln{50y - 1000} = \frac{t}{10}[/tex]

[tex]e^{\ln{50y - 1000}} = e^{0.1t}[/tex]

[tex]50y - 1000 = e^{0.1t}[/tex]

[tex]50y = e^{0.1t} + 1000[/tex]

[tex]y = \frac{e^{0.1t} + 1000}{50}[/tex]

[tex]y = \frac{e^{0.1t}}{50} + \frac{1000}{50}[/tex]

[tex]P(t) = \frac{e^{0.1t}}{50} + 20[/tex]

It's initial value is:

[tex]P(0) = \frac{e^{0.1(0)}}{50} + 20 = 0.02 + 20 = 20.02[/tex]

Rounding, 20.

A similar problem is given at https://brainly.com/question/23950969

Answer:

P = 1/50e^0.1t + 20

Step-by-step explanation:

Examine the Federal Tax Table for married couples filing joint returns.

Married Couples Filing Jointly
If Taxable Income Is between: Then the Tax Due Is:
$0 – $19,400 10% of taxable income
$19,401 – $78,950 $1940+12% of the amount over $19,400
$78,951 – $168,400 $9086+22% of the amount over $78,950
$168,401 – $321,450 $28,765+24% of the amount over $168,400
$321,451 – $408,200 $65,497+32% of the amount over $321,450
$408,201 – $612,350 $93,257+35% of the amount over $408,200
$612,351+ $164,709.50+37% of the amount over $612,350



Sally and her husband, Ahmed, together earned a total of $203,300 in taxable income last year. Using the tax table, what do they owe in federal income taxes? Enter your answer rounded to the nearest dollar, such as: $42,536

Answers

Answer:

  $37,141

Step-by-step explanation:

The applicable line of the tax table is ...

  $28,765+24% of the amount over $168,400

If A represents the amount of taxable income, this simplifies to ...

  $28,765 +0.24(A - 168,400) = $28,765 +0.24A -40416 = 0.24A -$11,651

For their income of 203,300, Sally and Ahmed owe ...

  0.24×203300 -11651 = 48792 -11651 = 37141

They owe $37,141.

what is the volume of the following figure. all of the cubes are visible​

Answers

Answer:

Is there an image you can post? I dont see the figure.

Guys please help me i really need this right answer

Answers

Answer:

Step 2: Commutative Property

Step 3: Associative Property

Step-by-step explanation:

According to the Commutative Property of Addition: Two real numbers can be added in either order.

a + b = b + a

Therefore, she used the Commutative Property in Step 2.

In Step 3, she used the Associative Property, in which the grouping of the addends does not change the sum.

Find an angle between 0 and 2 that is coterminal with the given angle.

Answers

Answer:

40degres

Step-by-step explanation:

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