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igomit [66]
2 years ago
5

Dudley’s credit card has an APR of 20.7%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the

month after the first purchase. His credit card record for the last 7 months is shown in the table below.  Use the table below to answer the following questions.
3. What is the total amount that Dudley has paid in interest over the 7 months?
Mathematics
1 answer:
Annette [7]2 years ago
7 0
If the credit card Balance is of, lets say, $2000 and if the interest rate is 2.7% and then he has a minimum payment of 2% which in terms of money will be $40 then it will take 9 years and 9 months to payoff his balance and the total interest wil be of $2640.45. If the credit card balance is not $2000 then you can take the amount they give you and do a cross multplication. 
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PLEASE HELP ME!
algol13

Step-by-step explanation:

1.\sum_{i=1}^{5}3i

The simplest method is "brute force".  Calculate each term and add them up.

∑ = 3(1) + 3(2) + 3(3) + 3(4) + 3(5)

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4/9 divided by what equals 12?<br> :)
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27 is right

<h2>hope it help</h2>
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