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leonid [27]
2 years ago
13

In general, reducing the interest rate (i) of a credit card but keeping the present value (PV) and number of periods (n) the sam

e will __________. a. decrease the monthly payment (P) needed to pay off the debt b. increase the monthly payment (P) needed to pay off the debt c. eliminate the monthly payment (P) needed to pay off the debt d. have no effect on the monthly payment (P) needed to pay off the debt
Mathematics
2 answers:
padilas [110]2 years ago
7 0
If the present value and number of periods are the same, but interest rate is lowered, this means that less interest needs to be paid each month, and the correct answer is a) decrease the monthly payment.
Monthly payments would increase if the interest rate increases. Monthly payments cannot be eliminated.
Helen [10]2 years ago
5 0
<span>The <u>correct answer</u> is:

A) decrease the monthly payment (P) needed to pay off the debt.

Explanation<span>:

When calculating the monthly payment, the interest rate affects the amount you pay.

The higher the interest rate is, the more you must pay monthly in order to pay the debt off within the same number of time periods.

However, if you lower the interest rate, the reverse will be true; you will need to pay less money each month in order to pay off the debt within the same amount of time.</span></span>
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Sunita bought a 10 kg box of grapes from the market. She gave 3 1/2 kg of her grapes to her friend Reena and 2 1/4 kg to Anita.
kirill115 [55]

Answer:

17/4 kg

Step-by-step explanation:

Sunita has = 10kg of grapes

Quantity given out :

To Reena =3 1/2

7/2 kg

To Anita =2 1/4

9/4 kg

Total quantity of grape given out

7/2+9/4

(14+9)/4

23/4

Quantity left after giving out = Total quantity of grape before giving out minus quantity of grape given out

10/1 - 23/4

40-23)/4

= 17/4 or 4 1/4

Hence, she has 17/4 kg of grape left with her

5 0
2 years ago
Mei and Anju are sitting next to each other on different horses on a carousel. Mei's horse is 3 meters from the center of the
SOVA2 [1]

Answer:

2\pi \approx 6.28\ meters

Step-by-step explanation:

Mei's horse is 3 meters from the center of the carousel. After one rotation, Mei travelled

l_M=2\pi r=2\pi \cdot 3=6\pi\ meters

Anju's horse is 2 meters from the center. After one rotation, Mei travelled

l_A=2\pi r=2\pi \cdot 2=4\pi\ meters

The difference in their travelled distances is

l_M-l_A=6\pi -4\pi =2\pi \approx 6.28\ meters

5 0
2 years ago
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Answer:

b)When they are on the same side of the Sun, the distance between Mars and Earth is approximately 8 times 10 Superscript 7 kilometers. and c)When they are on opposites sides of the Sun, the distance between Mars and Earth is approximately 3.8 times 10 Superscript 8 kilometers.

Step-by-step explanation:

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2 years ago
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The diagram included should explain this.

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You have $50 to spend on cold cuts for a party. Ham costs $5.99/lbs, and turkey costs $4.99/lbs. Write an equation in standard f
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Answer:

The answer here is 5.99x + 4.99y <= 50

Step-by-step explanation:

x represents the number of pounds of ham you buy, and y represents the number of pounds of turkey you buy. Since you only have 50 dollars, the amount of money you spend has to be less than or equal to 50.

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