Myrtle has a credit card that uses the average daily balance method. For the first 21 days of one of her billing cycles, her bal
ance was $2030, and for the last 9 days of the billing cycle, her balance was $1450. If her credit card's APR is 23%, which of these expressions could be used to calculate the amount Myrtle was charged in interest for the billing cycle?
(a)- (0.23/365 x30)÷(21x $2030+ 9x$1450/30)
(b)- (0.23/365 x30)÷(9x $2030+ 21x$1450/30)
(c)- (0.23/365 x31)÷(9x $2030+ 21x$1450/31)
(d)- (0.23/365 x31)÷(21x $2030+ 9x$1450/31)
(a)- (0.23/365 x30)÷(21x $2030+ 9x$1450/30)
(b)- (0.23/365 x30)÷(9x $2030+ 21x$1450/30)
(c)- (0.23/365 x31)÷(9x $2030+ 21x$1450/31)
(d)- (0.23/365 x31)÷(21x $2030+ 9x$1450/31)
2 answers:
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Depends if you want
1. find how much he will earn, find the differnce between that and 18000
2. see how much to invest till he will get 18000
A=
A=futre amount
P=present amout
r=rate in decimal
n=number of times per year ccompounded
t=time in years
1.
A=?
P=9000
r=0.06
n=4 (quarter means 4 times per year)
t=2
?=
?=
?=
?=10138.4 will be earned
18000-10138.4=7861.6 needed
2.
A=18000
P=9000+x
r=0.06
n=4 (quarter means 4 times per year)
t=2
18000=
18000=
18000=
divide both sides by 1.015^8
15978.8=9000+x
minus 9000 both sides
6978.8 needed
if he willnot be investing any more, he needs $7861.6 more
if he will invest more he will need to invest $6978.8 more
1. find how much he will earn, find the differnce between that and 18000
2. see how much to invest till he will get 18000
A=
A=futre amount
P=present amout
r=rate in decimal
n=number of times per year ccompounded
t=time in years
1.
A=?
P=9000
r=0.06
n=4 (quarter means 4 times per year)
t=2
?=
?=
?=
?=10138.4 will be earned
18000-10138.4=7861.6 needed
2.
A=18000
P=9000+x
r=0.06
n=4 (quarter means 4 times per year)
t=2
18000=
18000=
18000=
divide both sides by 1.015^8
15978.8=9000+x
minus 9000 both sides
6978.8 needed
if he willnot be investing any more, he needs $7861.6 more
if he will invest more he will need to invest $6978.8 more
Answer:
In Right Δ ABC with right angle B,
∠A=(3 x -8)°, ∠B=90°, ∠C=(x-2)°
∠A+∠B+∠C=180°[∠ sum property of triangle]
3 x-8+90 + x-2=180
Adding and subtracting like terms
4 x-10+90=180
4 x+80=180
4 x=180-80
4 x=100
x=100/4
x=25°
∠A=3×25-8=75-8=67°
