A credit card holder has an outstanding balance on four different credit cards. Which method of paying off the credit card will take the longest period of time? Making fixed payments each month Paying the minimum balance each month Snowballing payments according to the highest interest rate Snowballing payments according to the lowest balance

Answers

Answer 1

(C) It will take him the most time to snowball his payments based on the highest interest rate.

What are Credit cards?

Customers (cardholders) are given a credit card, a sort of payment card, to enable them to pay a business for goods and services based on the amount of debt they have accrued (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges).

A revolving account is set up by the card issuer, which is frequently a bank or credit union and gives the cardholder access to a line of credit from which they can borrow money to make purchases or get cash advances.

Consumer credit cards and business credit cards are the two types of credit cards.

Most cards are made of plastic, but others are made of metal (stainless steel, gold, palladium, titanium), and some have jewels inlaid in the metal.

As a result, Fred currently owes money on four separate credit cards.

Paying off your lowest obligations first, then going on to the next smallest, and so forth, is known as snowballing.

Debt avalanche, an alternative approach, recommends paying off debts with the highest interest rates first.

Therefore, (C) It will take him the most time to snowball his payments based on the highest interest rate.

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Correct question:
Fred has an outstanding balance on four different credit cards. Which method of paying off his credit card debt will take him the longest period of time?

A. Paying the minimum balance each month.

B. Making fixed payments.

C. Snowballing his payments according to the highest interest rate.

D. Snowballing his payments according to the lowest balance.


Related Questions

Pls show your work thank you will mark the Brainliest

Answers

Set up as a system of equations,

Let x represent the number of 4 credit courses and y represent the 3 credit courses.

The total number of courses the student took was 15. So we can say[tex]x+y=15[/tex]

The total credits earned was 54. So we can say, [tex]4x+3y=54[/tex]

Now we have the following system of equations, solve for the value of x.

[tex]\left \{ {{x+y=15} \atop {4x+3y=54}} \right.[/tex]

Take the top equation and solving for y. We get,

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

=>[tex]y=15-x[/tex]

Take the value of y above and plug it into the second equation.

=> [tex]4x+3y=54[/tex]

=> [tex]4x+3(15-x)=54[/tex]

=> [tex]4x+45-3x=54[/tex]

=> [tex]x+45=54[/tex]

=> [tex]x=54-45[/tex]

=> [tex]x=9[/tex]

Thus, the student took 9, 4 credit classes.

Find the approximate side lengths and perimeter of quadrilateral WXYZ. If necessary, round your answers to the nearest hundredth.


The approximate length of segment WX is
[tex]\left[\begin{array}{ccc}2\\4. 12\\4. 47\\5\end{array}\right][/tex]

The approximate length of segment XY is
[tex]\left[\begin{array}{ccc}2\\4. 12\\4. 47\\5\end{array}\right][/tex]

The approximate length of segment YZ is
[tex]\left[\begin{array}{ccc}2\\4. 12\\4. 47\\5\end{array}\right][/tex]

The approximate perimeter of quadrilateral WXYZ is [tex]\left[\begin{array}{ccc}14\\14. 47\\15\\15. 59\end{array}\right][/tex]

Answers

The side length of quadrilateral WXYZ are

|WX| = 4.47

|XY| = 2

|YZ| = 4

|ZW| = 4

The perimeter of quadrilateral WXYZ is 14.47 units.

The four points W, X, Y, and Z are located at ponts (3,1), (7,-1), (7,-3), and (3,-3) respectively.

To find the distance between two points, A and B, with coordinates (x1, y1) and (x2, y2) respectively, we use the formula:

|AB|=√(x2 – x1)² + (y2 – y1)²

The side lengths of the quadrilateral are calculated using this formula.

|WX| = √(– 1 – 1)² + (7 – 3)² = 4.47

|XY| = √(– 3 – (– 1))² + (7 – 7)² = 2

|YZ| = √(– 3 – (– 3))² + (3– 7)² = 4

|ZW| = √(– 3 – 1)² + (3 – 3)² = 4

Hence, the Perimeter of the quadrilateral = |WX| + |XY| + |YZ| + |ZX| = 4.47 + 2 + 4 + 4 = 14.47 units

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GH is tangent to ⨀F. What is the value of x?

Answers

Therefore , the solution of the given problem of angle comes out to be  x value is 3.

Exactly what is an angle?

An angle in Euclidean space is a shape made up of two poles that divide at the centre, or apex, of the structure. These beams are referred to as the sides or loops. When two rays are combined, there may be an inclination inside this surface where they are situated. Angles can also be created by combining two surfaces. Dihedral angles are what these are known as. Two-dimensional designs can be created by arranging two line beams at their ends in a variety of ways.

Here,

Give :

=> GH is tangent to ⨀F.

According to angle sum property of triangle :

=> ∠HGJ+ ∠JHG + ∠HJG= 180

=> 8x + 9 + 58 + 90 = 180

=> 8x = 24

=> x = 24/8 = 3

Thus , x value is 3.

Therefore , the solution of the given problem of angle comes out to be  x value is 3.

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g(x)=|-3x+16| if g(x)=17, find x

Answers

Answer: im not sure how but i hope you can get ut

Step-by-step explanation:

PLEASE PLEASE PLEASE HELP ME!!!!

A plane, 50 miles away from its
destination, is flying toward the airport at
an altitude of 30,500 feet. Later, this same
plane is 20 miles from the airport and has
descended to an altitude of 18,000 ft.

How far has the plane flown?

Answers

Answer:

Below

Step-by-step explanation:

The plane's distance is the hypotenuse of a right triangle with legs of

(50 -20)mi = 30 miles     and     30500 - 18000 = 12500 ft

                             for consistent units  12500ft/5280ft/mile = 2.36742 miles

Now just use Pythagorean theorem

Hypotenuse^2 = leg1^2 + leg2^2

               h^2    = 30^2 + 2.36742^2

                   h = ~ miles 30.093 miles  ( note that the vertical descent distance does not matter much)

    (this is 158 892 feet)

You are deciding what carb you want to eat for dinner, and you decide to look at the ratio of cooking times between rice to pasta. Rice takes 20 minutes to cook, and pasta takes 12. What is the ratio of cooking times for the rice to pasta?

(Make sure your ratio is simplified for your final answer)

Answers

5 : 3  is the ratio of cooking times for the rice to pasta .

What does a math ratio mean?

When b does not equal 0, an ordered pair of numbers a and b, represented as a / b, is said to be a ratio. A percentage is an equation in which two ratios are made equal to one another.

                                    You might express the ratio as 1: 3 for instance, if there is 1 boy and 3 girls (for every one boy there are 3 girls) There are 1 in 4 boys and 3 in 4 girls.

Rice takes 20 minutes to cook

pasta takes 12

the ratio of cooking times for the rice to pasta = 20  :  12

                                                                            = 5 : 3

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Help Help! Due in an hour!

Answers

Answer:

gradient= -1 1/5

Step-by-step explanation:

1st point : (3,-3)

2nd point : (-2,3)

gradient= rise/run

= -3-3/3-(-2)

=-6/5

=-1 1/5

Use substitution to solve the system of equations. How many solutions are there?


1/2x-1/3y=5
x=2/3y+10

A.
There are no solutions.

B.
There is one solution.

C.
There are infinitely many solutions.

D.
It is not possible to determine the number of solutions.

Answers

The correct statement regarding the solution to the system of equations is given as follows:

A. There are no solutions.

How to solve the system of equations?

The system of equations for this problem is defined as follows:

x/2 - y/3 = 5.x = 2y/3 + 10.

Multiplying the first equation by 3, we have that:

1.5x - y = 5.

Substituting the second equation into the first, the solution for y is obtained as follows:

3/2(2y/3 + 10) - y = 5.

y + 15 - y = 5

0y = -10

y = -10/0.

Division by zero is not possible, hence the system of equations has zero solutions.

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Find the value of the expression
7/8+x
for x =3/8
Write your answer as a fraction or as a whole or mixed number.

Answers

Answer:

The expression 7/8 + x = 3/8 for x = 3/8 can be solved as follows:

7/8 + 3/8 = 10/8

Therefore, the value of the expression 7/8 + x = 3/8 for x = 3/8 is 10/8, which is equal to 1 1/8 or 1.125 when expressed as a whole or mixed number.

Step-by-step explanation:

The expression 7/8 + x = 3/8 can be solved as follows:

7/8 + x = 3/8

Replace x with 3/8

7/8 + 3/8 = 10/8

Therefore, the value of the expression 7/8 + x = 3/8 for x = 3/8 is 10/8, which is equal to 1 1/8 or 1.125 when expressed as a whole or mixed number.

7/8+x, where x is 3/8= 7/8+3/8= 10/8
10/8 to simplify it, it will be equal as 10/8=5/4
Which the final answer will be “1.25”

PLEASE HEEEELP MEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
You invest an amount in an account that has a annual interest rate of 5%. If the interest is compounded quarterly for four years, find the equivalent interest rate. How many times will the money be compounded? (To find the quarterly, divide by 4)
8% and 4 times
1.25% and 1 time
8% and 16 times
1.25% and 16 times

Answers

Answer:

Below

Step-by-step explanation:

Equivalent interest rate in decimal form will be   ( 1+i)^n - 1    

   where i = periodic interest in decimal = .05/4     n = periods = 4  per year  

(1+ .05/4)^4 -1 = 5.09 % equivalent interest per year

.05 / 4 = .0125    or    1.25%   16 times   ( 4 times per year x 4 years)  

Help please thankyou in advance

Answers

Answer:

degree is 2

standard form is

-x^2+2x-8

classification is trinomial

leading coeff is -1

hope i helped

Step-by-step explanation:

question 10b. how many different ways can the combination of 5 heads and 5 tails occur? in other words, the coefficient for this term in the binomial equation is

Answers

There are 252 different ways that the combination of 5 heads and 5 tails can occur. The coefficient for this term in the binomial equation is [tex]\mathrm{10C_x}[/tex]

What do you mean Binomial Theorem?

The binomial theorem is a mathematical result that describes the expansion of the power of a binomial expression. A binomial expression is an expression that consists of two terms, such as (x + y) or (a + b). The binomial theorem states that for any positive integer n, the expansion of the expression (x + y)^n will contain exactly n+1 terms, each of which is a power of x multiplied by a coefficient.

If we want 5H and 5T,hence there are 10 trials.

Hence it is similar to choosing 5 out of 10 or choosing 2 similar sets of 5 each out of 10 in 10C5 ways:

[tex]$\mathrm{10C_5=\frac{10!}{5!(10-5)!}=252}[/tex]

The coefficient is actually the number of ways of choosing the 5 out of 10.

So similarly the coefficient of:

[tex]$\mathrm{coeff(p^xq^{10-x})=10C_x=\frac{10!}{x!(10-x)!}}[/tex]

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The theater sells two types of tickets: adult tickets for $8 and child tickets for $4.
Last night, the theater sold a total of 291 tickets for a total of $1900. How many adult tickets did the theater sell last night?

Answers

Solving a system of equations we will see that they sold 184 adult tickets.

How many adult tickets did the theater sell last night?

We know that the theater sells two types of tickets:

adult tickets for $8 and child tickets for $4.

The variables that we will use are:

x = number of adult tickets sold.

y = number of child tickets sold.

Then we can write the cost revenue equation as:

8x + 4y = 1900

And the total number of tickets sold is 291, then:

x + y = 291

Then we have a system of equations:

8x + 4y = 1900

x + y = 291

We can isolate y on the second equation to get:

y = 291 - x

Replacing that on the other equation we will get:

8x + 4*(291 - x) =1900

4x + 1164 = 1900

4x = 1900 - 1164 =736

x = 736/4 = 184

They sold 184 adult tickets.

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The proportional relationship between the number of sweaters a clothing store buys and sells, s, and the profit, in dollars and cents, that it makes off those sweaters, can be represented by the equation p=23sp=23s. What is the profit in dollars and cents that the store makes per sweater?

Answers

The profit in dollars cent that the store makes per sweater is $23.

In general, the profit is defined as the amount gained by selling a product, which should be more than the cost price of the product. It is the gain amount from any kind of business activity. In short, if the selling price (SP) of the product is more than the cost price (CP) of a product, then it is considered as a gain or profit. It describes the financial benefit obtained if the revenue from the business activity exceeds the taxes, expenses, and so on, which are involved in sustaining business activities.

Through this information, we can calculate.

[tex]\because p=23 \mathrm{~s} \text {. }[/tex]

when S=1, we could get:

[tex]\therefore P=23 \times 1=23$ \{Operation\}.[/tex]

Therefore, the profit in dollars cent that the store makes per sweater is $23.

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What is the answer to this I need an answer please asap! 3x − 4/5= −1/2?

Answers

Answer:

x = 1/10

Step-by-step explanation:

3x - 4/5 = -1/2

-1/2 + 4/5 =

-5/10 + 8/10 =

3/10

3x = 3/10

x = 1/10

Solve please! Steps if possible, it's pathagoream theorum

Answers

Answer:

[tex]2\sqrt{14}[/tex]

D.

Step-by-step explanation:

10 in half is 5

[tex]b = \sqrt{c^{2} - a^{2} }[/tex]

b = [tex]\sqrt{81 - 25}[/tex] = [tex]\sqrt{56}[/tex] = [tex]2\sqrt{14}[/tex]

Researchers want to study behaviors in lions. They
observe the social interactions of various groups of lions
living in zoos.
What are two limitations of this model?
A. Lions in a zoo are not related to lions in the wild, so they cannot
be compared.
B. The environment of the zoo may cause the lions to behave
differently than they would in a natural habitat.
C. Observing lions in a zoo would be just as dangerous to the
researchers as observing them in the wild.
D. The presence of the researchers may affect the lions' behavior.

Answers

Answer: A and D

Step-by-step explanation:

This is the REAL correct answer.

Answer: B. The environment of the zoo may cause the lions to behave

differently than they would in a natural habitat.  

                                         and

D. The presence of the researchers may affect the lions' behavior.

Step-by-step explanation:  Studying lion behavior in zoos has limitations. The artificial environment of a zoo can affect how lions behave compared to their behavior in the wild.  Additionally, the presence of researchers may influence the lions' behavior, making it difficult to observe and understand their natural interactions.

B. The environment of the zoo may cause the lions to behave differently than they would in a natural habitat.

In a zoo, lions are confined to a limited space and are provided with a controlled environment.  This artificial setting may not accurately reflect their natural habitat and can influence their behavior.  For example, the availability of food, different social dynamics, and reduced hunting opportunities in a zoo can lead to altered behaviors that may not be representative of how lions behave in the wild.

D. The presence of the researchers may affect the lions' behavior.

When researchers observe animals in a zoo, their presence can influence the behavior of the lions.  The presence of unfamiliar humans can cause the animals to become more cautious, stressed, or exhibit abnormal behavior.  This could potentially alter the social interactions and dynamics observed by the researchers, making it challenging to accurately understand and interpret natural lion behavior.

Bella can text 60 words in 10 minutes. At this rate, how many words could she text in 24 minutes?

Answers

She can text 127.5 words in 24 minutes.
Explanation: 60 + 60 = 120= 20 minutes, 30/4= 7.5

if you wanted to test, using a 5% significance level, whether or not a specific slope coefficient is equal to one, then you should

Answers

The significance level is an factor in hypothesis testing and helps us determine the likelihood of making a Type I error.

A significance level is a critical value in hypothesis testing that determines the probability of making a Type I error, which is rejecting a null hypothesis when it is actually true.

To test whether a specific slope coefficient is equal to one, we can perform a t-test to see if the estimated slope coefficient is significantly different from one at a certain significance level.

The null hypothesis for this test is that the slope coefficient is equal to one, and the alternative hypothesis is that it is not equal to one.

We can use the t-statistic to determine the level of significance for the estimated slope coefficient. The t-statistic is calculated by dividing the estimated slope coefficient minus one by the standard error of the slope coefficient.

The resulting t-value is then compared to the critical t-value from a t-distribution table with the appropriate degrees of freedom.

If the t-value is less than the critical t-value, we fail to reject the null hypothesis and conclude that the estimated slope coefficient is not significantly different from one at the 5% significance level.

On the other hand, if the t-value is greater than the critical t-value, we reject the null hypothesis and conclude that the estimated slope coefficient is significantly different from one at the 5% significance level.

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1. What is the product of 1/2x-1/4 and 5x^2-2x+6 ? Write your answer in standard form.
(a) Show your work.
(b) Is the product of 1/2x-1/4 and 5x^2-2x+6 equal to the product of 1/4x-1/2 and 5x^2-2x+6? Explain your answer.

Answers

(a) To find the product of 1/2x-1/4 and 5x^2-2x+6, we can use the distributive property of multiplication:

(1/2x - 1/4)(5x^2 - 2x + 6)

= (1/2x)(5x^2) + (1/2x)(-2x) + (1/2x)(6) - (1/4)(5x^2) + (1/4)(2x) - (1/4)(6)

= (5/2)x^2 - x + 3 - (5/4)x + (1/2)x - (3/2)

= (5/2)x^2 - (3/4)x + 3/2

Therefore, the product of 1/2x-1/4 and 5x^2-2x+6 is (5/2)x^2 - (3/4)x + 3/2.

(b) No, the product of 1/2x-1/4 and 5x^2-2x+6 is not equal to the product of 1/4x-1/2 and 5x^2-2x+6. This is because when we expand both products using the distributive property, we get different expressions:

(1/2x - 1/4)(5x^2 - 2x + 6) = (5/2)x^2 - (3/4)x + 3/2

(1/4x - 1/2)(5x^2 - 2x + 6) = (5/4)x^2 - (7/4)x + 3

So the coefficients of the x^2 and x terms in the two products are different. Therefore, the two products are not equal.

Jara wants to select a negative integer that is closer to zero than -3 on the number line. How many possible choices does she have?

Answers

Jara has 2 alternatives: -2 and -1 A number line is a diagram that depicts numbers,

As we walk along the line from left to right, the numbers rise. Positive numbers are often to the right and negative numbers to the left of zero, which is typically in the middle of the line.

Jara wants to choose a negative number that, in this instance, is closer to zero than -3. This suggests that instead of choosing -3, she should choose a negative integer that is situated nearer to zero on the number line.

-2 and -1 are the two negative numbers that are nearer to zero than -3. On the number line, these values are to the right of -3 and are nearer to zero than -3.

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Help w. math homework please!

Answers

Answer: 1: -8x+6

Step-by-step explanation:

Lin is shopping for a couch with her dad and hears him ask the salesperson, "How much is your commission?" The salesperson says that her commission is 5 1/2% of the selling price. (Hint: 5 1/2% is what decimal number?)

Answers

In linear equation, the store will get $468.72 from the sale of the couch.

What in mathematics is a linear equation?

An algebraic equation with simply a constant and a first-order (linear) term, such as y=mx+b, where m is the slope and b is the y-intercept, is known as a linear equation.

                          Sometimes, the aforementioned is referred to as a "linear equation of two variables," where x and y are the variables.

a.

Commission can be referred to as the reward given by the company on goods for the employee to sell products in order to make more sales and more money.

Commission is calculated as follows:

Total commission = Total Sales * Commission Percentage

Given

Total Sales = $495

Commission Percentage = 5½%

Substitute in, the above values

Total Commission = $496 * 5½%

Total Commission = $496 * 5.5%

Total Commission = $496 * 0.055

Total Commission = $27.28

Hence, the total commission is calculated as $27.28

b. The amount remitted to the store is calculated as

Amount = Total Sales - Total Commission

Where Total Sales = $496

Total Commission = $27.28

Amount = $496 - $27.28

Amount = $468.72

Hence, the store will get $468.72 from the sale of the couch.

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The complete question is -

Lin is shopping for a couch with her dad and heard him ask the salesperson “how much is your commission?” The salesperson says that her commission is 5½% of the selling price.

A.How much commission will the salesperson earn by selling a couch for $495?

B.How much money will the store get from the sale of the couch?

Answer:

a. The total commission is $27.28

b. The store will get $468.72 from the sale of the couch

lee was filling a new sandbox and estimated how many bags of sand he would need. he used 8 bags of sand to fill the sandbox, but his estimate was 25% more than that. how many bags of sand did lee estimate he would need?

Answers

Lee estimated he would need a total number of ten bags of sand, which is 25% more than the eight bags he actually used.

Lee estimated he would need 10 bags of sand.

To calculate how many number of bags of sand Lee estimated he would need, we must first find 25% of 8 bags.

25% of 8 is 2, so Lee estimated he would need 8 + 2 = 10 bags of sand.

Lee estimated he would need a total of ten bags of sand, which is 25% more than the eight bags he actually used.

Lee was filling a new sandbox and he used his best judgement to estimate how many bags of sand he would need. He thought that he would need 25% more than the amount of sand he actually used, which was 8 bags. To calculate the amount of sand he estimated he would need, we must first find 25% of 8 bags. 25% of 8 is 2, so Lee estimated he would need 8 + 2 = 10 bags of sand to fill the sandbox. Thus, Lee estimated he would need a total of ten bags of sand, which is 25% more than the eight bags he actually used.

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what expression is equivalent to 4/4x+5- 1/x+1

Answers

The expression equivalent to given expression is -1/(4x²+9x+5).

What is an equivalent expression?

Equivalent expressions are expressions that work the same even though they look different. If two algebraic expressions are equivalent, then the two expressions have the same value when we plug in the same value for the variable.

The given expression is 4/(4x+5) -1/(x+1)

Here, 4(x+1)-(4x+5)/(4x+5)(x+1)

= (4x+4-4x-5)/(4x²+5x+4x+5)

= -1/(4x²+9x+5)

Therefore, the expression equivalent to given expression is -1/(4x²+9x+5).

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10!-6! with solution

Answers

The value of the given factorial expression is 10! - 6! will be 3,628,800.

What is the factorial of n?

The factor of n is given as the production of the number n, (n - 1), (n - 2)... and 1. Then the factorial of n is given as

n! = n x (n - 1) x (n - 2) x ... 3 x 2 x 1

The definition of simplicity is making something simpler to achieve or grasp while also making it a little less difficult.

The expression is given below.

⇒ 10! - 6!

Simplify the expression, then we have

⇒ 10! - 6!

⇒ 10 x 9 x 8 x 7 x 6! - 6!

⇒ 6! (10 x 9 x 8 x 7 - 1 )

⇒ 6 x 5 x 4 x 3 x 2 x 1 x (5040 - 1 )

⇒ 6 x 5 x 4 x 3 x 2 x 1 x 5039

⇒ 3,628,800

The value of the given factorial expression is 10! - 6! will be 3,628,800.

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what is the answer when x = 10

Answers

Answer:

b = 10

Step-by-step explanation:

substitute x = 10 into the equation

b = [tex]\frac{2(10)^2(10-5)}{10(10)}[/tex]

  = [tex]\frac{2(100)(5)}{100}[/tex] ← cancel 100 on numerator/ denominator

 = 2(5)

 = 10

About 35% of the plants in a greenhouse are tomatoes. About 20% of the tomato plants are grape tomatoes. What percent of all the plants are grape tomato plants?

Answers

Answer:

7%

Step-by-step explanation:

To find the percentage of grape tomatoes among all plants, we can multiply the percentage of tomato plants by the percentage of grape tomatoes among tomato plants:

(35%) * (20%) = 7%

So, 7% of the plants in the greenhouse are grape tomato plants.

pls help im strugglinggggg

Answers

The answer is true it is in the Thales region

(8h - 4) + (4h to the third power - 8h squared +9h +7)

Answers

Lastly, the 7 does not need to be multiplied so it remains at 7. After expanding and grouping like terms, we are left with 8h^3 - 32h^2 + 73h - 27.To solve the given equation, we first need to expand the terms in the parentheses and group like terms together.

= 8h^3 - 32h^2 + 73h - 27

To solve the given equation, we first need to expand the terms in the parentheses and group like terms together. We start by expanding the first term (8h - 4) which gives us 8h + -4. Then, we move on to the second term (4h^3 - 8h^2 + 9h + 7). We start by multiplying the 4h to the third power, which gives us 4h^3. Then, we multiply the 8h squared, which gives us -8h^2. Then, we multiply the 9h, which gives us 9h. Lastly, the 7 does not need to be multiplied so it remains at 7. After expanding and grouping like terms, we are left with 8h^3 - 32h^2 + 73h - 27.

The complete question is :

Simplify the expression : 8h - 4 + (4h to the third power - 8h squared + 9h + 7)

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