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igomit [66]
1 year 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]1 year 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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Answer:

b

Step-by-step explanation:

draw a tree diagram to help visualize this problem. all you have to do if use the classic or formula: a+b-a(b), but use .72 as the answer and solve for a(b). so, .6 (late)+.35 (not overbooked) - ?= .72. once you solve it's .95-.72, which is .23.

5 0
1 year ago
Read 2 more answers
Solve the rational equation quantity 3 times x minus 5 end quantity divided by 7 equals four sevenths. A: f(n) = f(n − 1) ⋅ 0.3
KengaRu [80]

Answer:

2.8 < x -0

Step-by-step explanation:

4 0
1 year ago
I'm confused I don't understand this??? Will give brainliest to whoever can help!
Nata [24]

Answer:

The Rome data center is best described by the mean. The New York data center is best described by the median

Step-by-step explanation:

Before moving forward, first we should understand that what is mean and median. Mean is the average of all the values in the data set. Median is the middle value of the data set in ascending order. As we noticed that there is an outlier in the data for NEW YORK (An outlier is an extreme value in the data set which is much higher or lower as compared to other numbers. It affects the mean value). Since outlier is found in the data of New York therefore mean is not a good representation on the central tendency of the data and gets distorted by the outlier. Therefore it is better to use median. While Rome does not have any outlier, so we can use mean for this.

Therefore we can say that the Rome data center is best described by the mean. The New York data center is best described by the median.

Thus option C is correct....

3 0
2 years ago
Logan wants to move to a new city. He gathered graphs of temperatures for two different cities. Which statements about the data
eduard

Answer:

we need the data to answer the question

3 0
2 years ago
(b) A department store has 7,000 charge accounts. The comptroller takes a random sample of 36 of
galben [10]

Answer:

a.0.8664

b. 0.23753

c. 0.15866

Step-by-step explanation:

The comptroller takes a random sample of 36 of the account balances and calculates the standard deviation to be N42.00. If the actual mean (1) of the account balances is N175.00, what is the probability that the sample mean would be between

a. N164.50 and N185.50?

b. greater than N180.00?

c. less than N168.00?

We solve the above question using z score formula

z = (x-μ)/σ/√n where

x is the raw score,

μ is the population mean = N175

σ is the population standard deviation = N42

n is random number of sample = 36

a. Between N164.50 and N185.50?

For x = N 164.50

z = 164.50 - 175/42 /√36

z = -1.5

Probability value from Z-Table:

P(x = 164.50) = 0.066807

For x = N185.50

z = 185.50 - 175/42 /√36

z =1.5

Probability value from Z-Table:

P(x=185.50) = 0.93319

Hence:

P(x = 185.50) - P(x =164.50)

= 0.93319 - 0.066807

= 0.866383

Approximately = 0.8664

b. greater than N180.00?

x > N 180

Hence:

z = 180 - 175/42 /√36

z = 5/42/6

z = 5/7

= 0.71429

Probability value from Z-Table:

P(x<180) = 0.76247

P(x>180) = 1 - P(x<180) = 0.23753

c. less than N168.00?

x < N168.

z = 168 - 175/42 /√36

z = -7/42/6

z = -7/7

z = -1

Probability value from Z-Table:

P(x<168) = 0.15866

4 0
1 year ago
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