jacque7jajbianKit jacque7jajbianKit

25-03-2017
Mathematics

contestada

Lenny has a remaining balance on his credit card of $3,000. His credit card has an APR of 20 percent. How much will he pay in interest in one month?
$50.20
$600
$50.00
$6.00

Respuesta :

Aliwohaish12 Aliwohaish12

25-03-2017

A=p(1+i/m)^mn
P=3000
i=0.20
M=12
n=1/12
A=3,000×(1+0.20÷12)^(12*1/12)
=3,050
Interest earned=3050-3000=50

Answer Link

Otras preguntas

Imagine that you are a reporter. Write a news article about what happened during Kristallnacht, or the Night of Broken Glass. Be sure to use evidence from the t

After solving the system of equations, find the value of z only?

From additional sources, can you uncover or discover a recent example in which the relationship between public law and the 'sport industry' has come under quest

How does Tu Reh's new sense of purpose in chapter 7 contribute to theme of the text? A.He is determined to defeat the Burmese so his people can live in safety.

2. "You don't admit Michael Oher because of sports. You admit him because it's the right thing to do"

A veggle wrap at City Subs is composed of 3 different vegetables and 3 different condiments wrapped up in a there are 8vegetables, 7 condimentsand 3 types of to

Please help and explain!! Find the volume of the pyramid to the nearest tenth.

What is the hexadecimal bit pattern representing -11.25 in single precision IEEE 754 standard 32-bit format?

Given cos 0 and sin 0 < 0. 5 What is the value of sin 0? O SP EP SP 5

HIT capital budget usually consists of three parts: hardware costs, software costs and internal effort to implement the system.A. TrueB. False