You finance a $500 car repair completely on credit, you will just pay the minimum payment each month for the next three months. The APR is 18.99% and the minimum payment each month is 4% of the balance. Determine the finance charge, carry-over balance, and minimum payment required for each of the next two months, and the starting balance for month 2 in the table below.

Answers

Answer 1

Answer:

Determination of the Finance Charge, Carry-over balance, Minimum Payment for each of the next two months:

Finance Charge:

First month = $7.91

Second month = $7.72

Carry-over balance:

First month = $487.59

Second month = $475.50

Minimum Payment:

First month = $20.32

Second month = $19.81

Starting balance (Carry-over balance + Finance charge):

First month = $507.91

Second month = $495.31

Step-by-step explanation:

a) Data and Calculations:

Credit Finance = $500

APR = 18.99%

Minimum monthly payment = 4% of the balance

Monthly rate of interest = 0.1899/12 = 0.015825

Finance Charge:

First month = $7.91 ($500 * 0.015825)

Second month = $7.72 ($487.59 * 0.015825)

Carry-over balance:

First month = $487.59($507.91 - $20.32)

Second month = $475.50 ($495.31 - $19.81)

Minimum Payment:

First month = $20.32 ($507.91 * 4%)

Second month = $19.81 ($495.31 * 4%)

Starting balance (Carry-over balance + Finance charge):

First month = $507.91 ($500 + $7.91)

Second month = $495.31 ($487.59 + $7.72)


Related Questions

f(x) =2x+8 when x=-2, x=0, and x=5.

Answers

Answer:

f(-2)=4, f(0)=8, f(5)=18

Step-by-step explanation:

f(x)=2x+8

f(-2)=2(-2)+8

f(-2)=-4+8

f(-2)=4

f(0)=2(0)+8

f(0)=0+8

f(0)=8

f(5)=2(5)+8

f(5)=10+8

f(5)=18

nuevo presidente estados unidos

Answers

Answer:

Joe Biden

Step-by-step explanation:

Answer:

El presidente actual de los Estados Unidos es Joe Biden

Step-by-step explanation:

The edge length of a cube is changing at a rate of 10 in/sec. At what rate is the cube's volume changing when the edge length is 3 inches?

Answers

Given:

The edge length of a cube is changing at a rate of 10 in/sec.

To find:

The rate by which cube's volume changing when the edge length is 3 inches.

Solution:

We have,

[tex]\dfrac{da}{dt}=10\text{ in/sec}[/tex]

We know that, volume of cube is

[tex]V=a^3[/tex]

Differentiate with respect to t.

[tex]\dfrac{dV}{dt}=3a^2\dfrac{da}{dt}[/tex]

Substituting [tex]\dfrac{da}{dt}=10[/tex] and a=3, we get

[tex]\dfrac{dV}{dt}_{a=3}=3(3)^2(10)[/tex]

[tex]\dfrac{dV}{dt}_{a=3}=3(9)(10)[/tex]

[tex]\dfrac{dV}{dt}_{a=3}=270[/tex]

Therefore, the volume increased by 270 cubic inches per sec.

cube m holds a maximum of 64 unit cubes. each unit cube has an edge length of 1/2 centimeter. what is the length of cube m?

Answers

Answer:

136 or 34

Step-by-step explanation:

not sure if its right because my math is bad

#4
Write an equation in slope-intercept
form to represent the line
perpendicular to 6y = 9 - x with
y-intercept 2
O y = -6x + 2
O y = 2x + 9

Answers

Answer:

A, y= -6x + 2

Step-by-step explanation:

1. Put the equation into slope intercept form

6y = 9 - x

y= -1/6x + 9/6

The slope of equation 1 is -1/6

2. A perpendicular line is the inverse slope of our firsy equation. (-1/6)^-1 = -6.

3. The y intercept of a line in slope intercept form is the b value in the equation as written:

y=mx+b

Therefore, if m=-6 and b=2, our equation is

y= -6x + 2

as for $65 each and included a 60% mark
+

Answers

Answer:

revenue: $104 profit: $39

Step-by-step explanation:

Tova has 17 marbles. The types of marbles she has are aggies, comets, and cats eyes. She has twictas many aggies as comets. She has 1 more cats eye than comets. She has 8 aggies. How many cats eyes does tova have?

Answers

Answer:

Tova has 5 cat's eyes.

Step-by-step explanation:

Use simple math to figure out the amounts. If she had twice as many aggies as comets, and the amount of aggies is 8, she had 4 comets. She had one more cat eye than comets. That means that she had 5 cat's eyes.

Answer: Tova has 5 cat's eyes.

A recipe calls for using ¾ cup of brown sugar for each ⅔ cup of white sugar. How many cups of brown sugar are used per cup of white sugar?
Show the rate and unit rate.

Answers

Answer:

1 1/8 cups of brown sugar is needed. The unit rate is 1 1/8 cups of brown sugar per cup of white sugar.

Step-by-step explanation

2/3 * 3/2 = 1 This is for white sugar

3/4 * 3/2 = 9/8 or 1 1/8 This is for brown sugar

x+y =783
10x+7y=6459​

Answers

9514 1404 393

Answer:

  (x, y) = (326, 457)

Step-by-step explanation:

Use the first equation to make an expression for y that can be substituted into the second.

  y = 783 -x

  10x +7(783 -x) = 6459

  3x = 978 . . . . . . . . . . . . subtract 7(783) = 5481

  x = 326 . . . . . . . . . . . . . divide by 3

  y = 783 -326 = 457

The solution is (x, y) = (326, 457).

ILL GIVE BRAINLIEST FOR BEST AWNSER!!!
A football player kicks a ball with a force of 50 N
How does the impulse above change if he doubles the amount of time that his foot is in contact with the ball?

Answers

Answer: AP= 30 kgm/s c) Calculate the final velocity of the object, if it was initially at rest. A 0.5kg baseball experiences a 10N force for a duration of 0.1s.

Step-by-step explanation:

I need help figuring out what: f(r-2)=6x+7 is

Answers

Answer:

f(r-2) = 6r -5

Step-by-step explanation:

f(r-2) is another notation for x = r-2

so we’ll plug in r-2 for x and solve:

f(r-2) = 6(r-2)+7

f(r-2) = 6r -12 +7

f(r-2) = 6r -5

Solve the system of equations.

2x−9y=14
x=−6y+7

Answers

Answer:{x,y}={7,0}

i hope this is right :)

Step-by-step explanati

Answer:

Step-by-step explanation:

In a particular​ game, the probability of winning $95 is 1/36 and the probability of losing $7 is 35/36. What is the expected value after playing this​ game? Round to the nearest cent.

Answers

Answer:

1.53

Step-by-step explanation:

1

36

(

85

)

+

(

35

36

)

(

4

)

=

E

V

 

85

36

140

36

=

E

V

55

36

=

E

V

E

V

$

1.53

05.01)A poster is shown below: A rectangle is shown. The length of the rectangle is labeled 18 inches. The width of the rectangle is labeled 6 inches. What are the dimensions if the poster is enlarged by a factor of seven over two ? 42 in by 126 in 3 in by 9 in 9 in by 12 in 21 in by 63 in

Answers

Answer:

21 in by 63 in

Step-by-step explanation:

Answer:

D.

Step-by-step explanation:

I took the quiz!!!!

Perform the function compositions

Answers

Answer:

1. 4x^2-24x^2+37

2.16x^4+8x^2-2

Step-by-step explanation:

Use the function to solve the question. What is f(-3) ?

Answers

Answer:

-3 f

ithink

Step-by-step explanation:

We are told that x is -3. Based on the side conditions of this piecewise function, we evaluate the top portion only.

f(-3) = -1/2(-3) + 4

Take it from here.

Define a variable, write an inequality, and solve the problem : Four less than nine times a number is greater than eleven more than two times the same number.

Answers

Answer:

x > 15/7

Step-by-step explanation:

four less than nine times a number:

9x - 4

Eleven more than two times the same number:

2x + 11

Thus:

9x - 4 > 2x + 11

7x > 15

x > 15/7

I hope this helps you :)

I NEED HELP PLZ
Write an equation in point slope and slope-intercept that includes the points (0, 0) and (9, -3).

Answers

d fed ifjk vs cjsioxhdjducjskvuhdkfuxhxiufuc

pls help pls ill mark brainliest

Answers

Answer:

Area/Circumference is the length of a circle!

Step-by-step explanation:

Answer: the answer is area/ circumference

Step-by-step explanation:

Which transformations map the strip pattern onto itself. dp dp dp dp

Answers

Answer:

A horizontal translation and a reflection across a vertical line is the map that has a strip pattern onto itself.

Step-by-step explanation:

reflection is the correct transformation

PLS ANWSER QUICK TIMED ASSIGNMENT

Which equation represents a circle with a center at (2,-8) and a radius of 11

(x-8)^2+(y+2)^2=11
(x-2)^2+(y+8)^2=121
(x+2)^2+(y-8)^2=11
(x+8)^2+(y-2)^2=121​

Answers

The second one, because when you square the right side of the equation you get 11 which is your radius. On the right side you get 2,-8 when you solve for the radius. aka solve for x and y

The spinner in a game based on chance has 25 equal sectors. The prize is worth $50, and the cost to play is $2.50. A player wins if the arrow lands on the sector he or she chose.

Which table shows the correct outcomes for a player who plays the game one time?

Answers

Answer:

________________ WIN _____ LOSE

Outcome(x) ______ $47.50 ____ - $2.50

PROBABILITY P(x) _____ __________

Step-by-step explanation:

Given that :

The cost of play = $2.50

The winning price = $50

Hence, if a player emerges victorious or wins; the net amount won is :

Winning price - cost of play

$50 - $2.50 = $47.50

If the player loses :

Then he wins $0

Net amount lost equals :

Amount won - cost of play

$0 - $2.50 = - $2.50

________________ WIN _____ LOSE

Outcome(x) ______ $47.50 ____ - $2.50

PROBABILITY P(x)

Answer:

Win       Lose

47.50    -2.50    

Step-by-step explanation:

Got it right on the test.

Please help me!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

70

Step-by-step explanation:

4060/58=70

Will mark brainliest!
Please explain :)

Answers

Answer:

(x - 6) ( x+ 1)

Step-by-step explanation:

W I go crazy

Answer:

= (x+1)(x-6)

Explanation:

Step one, Rewrite the expression:

x^2+x-6x-6

Step two, Factor the expression:

x(x+1)-6(x+1)

= (x+1)(x-6)

Find the missing angle.
Enter the number that belongs in the green box.
Enter

Answers

Answer:

35 degrees

Step-by-step explanation:

The sum of all angles in a triangle equals to 180

To find angle z, just subtract 55 and 90 from 180

180-55-90= 35

Angle z = 35 degrees

Hope this helps

4r + 6r - 13 = 7r + 5

Answers

Answer:

r = 6

Step-by-step explanation:

4r + 6r - 13 = 7r + 5

10r - 13 = 7r + 5

10r - 7r = 13 + 5

3r = 18

r = 6

hi there! here's my answer for you...

Answer:

r = 6

Step-by-step explanation:

4r + 6r - 13 = 7r + 5

10r - 13 = 7r + 5

10r - 13 + 13 = 7r + 5 + 13

10r = 7r + 18

10r - 7r = 7r + 18 - 7r

3r = 18

3r/3 = 18/3

r = 6

hope this helped. have a good one!

7 1/5 ÷ 8/1 in simplest form?

Answers

Answer:

9/10 (Decimal: 0.9)

Step-by-step explanation:

7 1/5 ÷ 8 = 9/10

(Decimal: 0.9)

56) A tire retailer plans to sell
$100,000 worth of tires in
January. Planned reductions are
$15,000; planned inventory for
January Ist is $300,000 and for
January 31st is $350,000. As of
January 8th, the retailer has
ordered $15,000 for January
delivery. What is the open-to-
buy for the rest of the month?

Answers

Answer:

/

Step-by-step explanation:

Based on historical data, your manager believes that 30% of the company's orders come from first-time customers. A random sample of 64 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.2?

Answers

Answer:

0.9594

Step-by-step explanation:

Given that:

Sample size (n) = 64

p = 30% = 0.3 ; 1 - p = 0.7

Probability that sample proportion is greater than 0.2

Mean (m) = n*p = 64 * 0.3 = 19.2

Standard deviation (s) = √n*p*(1-p) = √(19.2*0.7)= 3.67

0.2 of 64 = 12.8

Z > [(x - m) / s]

Z > (12.8 - 19.2) / 3.67

Z > (-6.4 /3.67)

Z > - 1.7438

= 0.9594

5(3m + 12)+8 written in word form

Answers

The answer is 15m+68
five times three m plus five times twelve plus 8
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