A bank credit card charges interest at the rate of 24% per year, compounded monthly. If a senior in college charges $1,500 to pay for college expenses, and intends to pay it in one ye

what will he have to pay? (Round your answer to the nearest cent.)

$

Answers

Answer 1

Answer: 1902.36

Step-by-step explanation:

When interest is compounded monthly , the formula to find the accumulated amount is

[tex]A=P(1+\dfrac{r}{12})^{12t}[/tex] , where P = principal value , r = rate of interest , t = time.

As per given,

r= 24% =  0.24

P= $1500

t= 1 year

Put all value in formula , we get

[tex]A= 1500(1+\dfrac{0.24}{12})^{12\times 1}\\\\=1500(1+0.02)^{12}\\\\=1500(1.02)^{12}\\\\=1500(1.26824179456)\approx1902.36[/tex]

Hence, he need to pay $1902.36.


Related Questions

isha spent $0.75 on 1.5 pounds of bananas. at this rate, how much will 6 pounds of bananas cost?

Answers

Answer:

9

Step-by-step explanation:

Answer:

the answer is $3

Step-by-step explanation:

0.75+0.75+0.75+0.75=3

Is x − 8 a factor of the function f(x) = −2x3 + 17x2 − 64? Explain. (2 points)

Answers

Answer:

x-8 is a factor of f(x)

Step-by-step explanation:

The polynomial remainder theorem states that the remainder of the division of a polynomial f(x) by (x-a) is equal to f(a).

We are given the function

[tex]f(x)=-2x^3+17x^2-64[/tex]

And it's required to find if x-8 is a factor of f.

Applying the mentioned theorem, we only have to find f(8):

[tex]f(8)=-2\cdot 8^3+17\cdot 8^2-64[/tex]

Operating:

[tex]f(8)=-2\cdot 512+17\cdot 64-64[/tex]

[tex]f(8)=-1024+1088-64[/tex]

[tex]f(8)=0[/tex]

Thus, x-8 is a factor of f(x)


Does the data in the table represent a function?



Please help guysssss

Answers

Answer:

No

Step-by-step explanation:

a function can not repeat

The table given in the problem does not represent a function.

What is a function?

A function y = f(x) is a one to one relationship between two sets X and Y where the set X is called the domain and Y the range of function f(x) ans x ∈ X and y ∈ Y.

The ordered pair for data given in the table is as below,

{(2, 5), (3, 6), (4, 6), (5, 9), (8, 11)}

Suppose x denotes the first elements and y the second elements of the  ordered pair.

Then, from the ordered pair it is concluded that for x = 3 and x = 4, the value of y is 6.

Which implies that the values of x are not unique for a given value of y.

Thus, it does not represent a function.

Hence, the given table does not represent a function as the values in the domain set are not unique.

To know more about function click on,

https://brainly.com/question/21145944

#SPJ5

Bridget was thinking of a number. Bridget doubles it, then adds 15 to get an answer of 16.4. What was the original number?

Answers

0.7 is the correct number:)

Answer: 0.7

Step-by-step explanation:

16.4 - 15= 1.4

1.4 ÷ 2= 0.7

Hope this helps :)

Write and expression using only a whole-number based and a whole-number exponent to model 9•9•9•9•9

Answers

[tex]9 \times 9 \times 9 \times 9 \times 9 \\ = {9}^{5} [/tex]

i walk for 3 hours at a speed of 40 km/h , wha distance did i travel ?

Answers

Answer:

120km

Step-by-step explanation:

All you have to do is multiply 3 times 40 and then you get your answer.

4/9+3/10= what's the answer please​

Answers

Answer:

67/90

Step-by-step explanation:

no explanation

Question 17 (5 points) Find the equation of a line passing through the point (6,-5) and parallel to the line y = 7x + 1. Oy -*x+41 y=7x - 29 Oy = 7x - 47 47 X+ 7 Question 18 (5 points)​

Answers

Answer:

y = 7x - 47

Step-by-step explanation:

y = mx + b (m is slope, b y-intercept)

Parallel lines have the same slope.

y - [tex]y_{1}[/tex] = m( x - [tex]x_{1}[/tex] )

~~~~~~~~~~~~~~~~

y = 7x + 1

m = 7

(6, - 5)

y + 5 = 7 (x - 6)

y = 7x - 47

Solve the equation C=5/9(F-32) Solve for F.

Answers

Answer: f=9c/5+32

Step-by-step explanation:

hope it helps!

Answer:

F=9C/5+32

Step-by-step explanation:

A medical statistician wants to estimate the average weight loss of people who are on a new diet plan. In a preliminary study, he guesses that the standard deviation of the population of weight losses is about 10 pounds. How large a sample should he take to estimate the mean weight loss to within 2 pounds, with 90% confidence?

Answers

Answer:

68

Step-by-step explanation:

To get the sample size of the population, we will use the formula for calculating the standard error of the mean. This is expressed as;

SE = zσ/√n

z is the z score at 90% confidence

σ is the standard deviation

n is the sample size

SE is the mean weight loss

Given

z = 1.645

σ = 10

SE = 2

Required

sample size n

Substitute into the given equation;

SE = zσ/√n

2 = (1.645)(10)/√n

2 = 16.45/√n

√n = 16.45/2

√n = 8.225

n = (8.225)²

n = 67.650625

Hence the total sample should be about 68

if every red space i land on is -50 points, and i have -450 points, whats the minimum amount of spaces i could have landed on

Answers

Answer:I think 9 spaces

Step-by-step explanation:

Answer:

i think its 9

Step-by-step explanation: im not sure

What is the equation of a line that has a slope of 2 and passes through point (-6,3)?

Answers

Answer:

The answer is

[tex] \huge y = 2x + 15[/tex]

Step-by-step explanation:

To find an equation of a line when given the slope and a point we use the formula

[tex]y - y_1 = m(x - x_1)[/tex]

From the question we have

[tex]y - 3 = 2(x + 6) \\ y - 3 = 2x + 12 \\ y = 2x + 12 + 3[/tex]

We have the final answer as

[tex]y = 2x + 15[/tex]

Hope this helps you

The product of my number and three times my number is 108. What is half my number?

Answers

Answer:

sorry it couldn't let me suck read bio

If you can walk 5.8 miles in 4.3 hours, how many minutes does it take to walk 0.64 miles? Round to 1 decimal.

Answers

Answer:

About 20 minutes.

Opal plots point D at (Negative 3 and one-half, one-half). Which graph shows the location of point D?

Answers

Answer:

b

Step-by-step explanation:

IM DORA

Answer:

B      

\

ur welcome ......

Step-by-step explanation:

Jaine has saved 7times as much as jared has saved. Jaine has saved $378.how much money has jared saved?

Answers

Jared saved $54. 378/7 = 548.

Answer:

54

Step-by-step explanation:

378 divided by 7 is how much Jared saved

Miguel has a total of 27 dimes and nickels. The total value of the coins is $1.80. How many dimes and nickels does he have?

Answers

Answer:

There are 9 dimes and 18 nickels.

Step-by-step explanation:

Let d = be the number of dimes

 

     n = be the number of nickels

 

 

    d + n = 27...eq.1

 

   0.10d + 0.05n = 1.80...eq.2

 

Solve the system of equations

 

   d + n = 27

 

10d + 5n = 180  ( multiply eq.2 by 100 )

 

 -5d - 5n = -135

 

      5d = 45

 

       

        d = 9 , there are 9 dimes so,0.90

 

        n = 27 - 9 = 18,   there are 18 nickels so, 0.90

 

To check:   9 dimes + 18 nickels = 27 coins

 

                0.90 + 0.90 = $ 1.80 total value of the coins

Which equation justifies why 9 1/3 = ∛9?
(9 1/3)³ = 9(1/3·3) = 9
(9 1/3)³ = 9(1/3+3) = 9
(9 1/3)³ = 9(1/3-3) = 9
(9 1/3)³ = 9(3-1/3) = 9

Answers

Answer:

(91/3)3=9(1/3-3)=9

Step-by-step explanation:

Answer:

hows your day

Step-by-step explanation:

Find the value of 7u-5 given that 13u-6= 7.
Simplify your answer as much as possible.
please help asap if it’s not a real answer i will report but anyways ty if you answer

Answers

Answer:

Step-by-step explanation:

13u - 6= 7

13u = 7 + 6

13u= 13

u = 13/13 = 1

Putting value of u in the equation

7u - 5

7(1) - 5

= 7 - 5

= 2

Plss helpppppppppppppppppppppppp

Answers

I’ll do all of these for brainliest deal?

8/12 - 4/12 answer?​

Answers

Answer:

4/12

Step-by-step explanation:

Because the bottom numbers are the same just subtract the top numbers:

8/12 -4/12 = 4/12

4/12 can simplify to 1/3


Question 11
Hannah, Kyler, Austin, Yeneli, Katie, and Cal all went to Red Robin to eat lunch. The girls ordered a hamburger
platter that cost $11.25 and the boys ordered the large hamburger platter delux for $13.75. The tax in Middle
School Land is 7.93%. They also left a 20% tip on the bill that includes the tax.
1) The total food bill is $_
2) The tax on the bill is _
3) The total bill for food and tax is.
4) The tip on the food and the tax is (use exact figures and DO NOT round) _
5) How much did each student pay for the food and tax? They each paid _ (Round your answer to the nearest
pennny!)

Answers

Cant see the picture I can’t

How are x and y intercepts alike and different? ( I need like 3 reasons for each)

Answers

Answer:

x and y intercepts are alike because they're both on the graph ,they help you graph a line, they can be both found in the slope-intercept form equation

they're different one is when it can be found where it crosses the X line and one can be found where it's the y line, when is found at the end of the equation for slope intercept form and what is found near the slope. x-intercept is an input and y-intercept is an output

Pls help it’s for algebra 1 write like how

Answers

Answer:

A solution set to an inequality means that the values given will solve the inequality correctly. All of the given values are possibilities for the inequalities and will make the inequality true.

Joanne can read around 16 sentences per minute of her current novel. She wants to finish her reading before the movie comes out next week. If she has 19 pages left to read and each page has about 140 sentences, how many hours should Joanne set aside to complete her reading? Show your work. Round the answer to the tenths place.

Answers

Answer:

The answer is "3 hours and 28 minutes".

Step-by-step explanation:

Calculating the total sentence:

[tex]= 19 \ pages \times 140 \ sentences \\\\= 2,660 sentences\\\\[/tex]

Calculating the minutes which is needed:

[tex]= 2,660 \div 16 \\\\ = 166.25 \ minutes\\\\[/tex]

Calculating the hours and minutes:

[tex]= 166.25 \div 60 \\\\=3 \ hours \ and \ 28 \ minutes[/tex]

A small container holds 75% as much as a large container. if the small container holds 36 liters, how much does the large container hold?

Answers

the answer is 45 I believe sorry if wrong

When looking at the results of a 99% confidence interval, we can predict what the results of the two-sided significance test will be: Group of answer choices

Answers

Answer:

alpha=0.01

Step-by-step explanation:

confidence level = 1 - alpha

so alpha = 1 - confidence level = 1 - 0.99 = 0.01

In statistics, alpha represents the value that checks the test statistic in order to determine if it is significant or not. In other words, alpha is the acceptable margin of type 1 error. Alpha is also called the significance level, which opposes the confidence level. Significance level + confidence level = 1.

i have 1,000 chickens i take 749 away how much would there be left (trick question?)

Answers

Answer:

69

Step-by-step explanation:

1000 you didn’t kill the chickens

Select the number property that will justify the step in the following expression.

Answers

There is no expression there. What is it?

(4+2x)+(3+1x) simplify!

Answers

Answer:

3x+7

Step-by-step explanation:

Answer:

Let's simplify step-by-step.

4+2x+3+1x

=4+2x+3+x

Combine Like Terms:

=4+2x+3+x

=(2x+x)+(4+3)

=3x+7

Step-by-step explanation:

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