Addison has a balance of $3,450 on her credit card that has an APR of 18%. She currently pays the minimum monthly payment of $86. 25. If Addison wants to pay off her balance in 24 months, determine the monthly payments she would need to make. Choose the following modification with the least cuts to her current expenses that will allow Addison to pay off her balance in 24 months. Income Wages $2,278. 00 Expenses Rent $950. 00 Utilities $232. 45 Food/Clothes $445. 00 Entertainment $270. 00 Car $200. 00 Credit Card $86. 25 Cell Phone $77. 89 Net Income $16. 41 a. Addison can eliminate $73 from Food/Clothes and $100 from Entertainment. B. Addison can eliminate $45 from Food/Clothes and $41 from Entertainment. C. Addison can eliminate $25 from Food/Clothes and $22 from Entertainment. D. The minimum payment is enough to pay off the balance within 24 months.

Answers

Answer 1

Addison needs to cut $45 from Food/Clothes and $41 from Entertainment, to pay the revised monthly payment.

It is given that

Addison has a balance of $3,450 on her credit card.

APR = 18%

Current monthly payment = $86.25

She wants to choose a monthly payment for 24 months.

So for 24 months,

A revised monthly payment using formula,

[tex]M = \frac{P.\frac{R}{12}. (1+\frac{R}{12} )^N }{(1+\frac{R}{12})N -1}[/tex]

R = 0.18

P = 3450

N = 24

Revised montly payment M = $172.24

Current monthly payment = $86.25

Difference = $86

So, she needs to cut the expenses by  $86

If she cut $45 from Food/Clothes and $41 from Entertainment, she can easily pay the revised monthly payment.

Therefore, Addison needs to cut $45 from Food/Clothes and $41 from Entertainment, to pay the revised monthly payment.

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Related Questions

you are going on vacation and leaving your dog in a kennel. kennel a charges $25 per day which includes a one-time grooming treatment. kennel b charges $20 per day and a one-time fee of $30 for grooming. if your vacation is 7 days long, which kennel should you choose? explain.

Answers

Answer:

is this a quiz?

Step-by-step explanation:

WHAT IS THE AREA OF THE RECTANGLE?​

Answers

Answer:

There is no picture of the rectangle.

The formula for solving the area of a rectangle or a square is L x W (Length times Width).

Hope this helps! :D

Answer:

soln

here let the followings

The length of rectangle is (L)

The breadth of rectangle is (B)

Now

Area of rectangle is = L×B

View
A tropical species of mite named Archegozetes longisetosus is the record holder for the strongest insect in
the world. It can lift up to 1.182 x 103 times its own weight. If a person who weighed 100 pounds were as
strong as this insect, how much could that person lift? Enter the answer using scientific notation.
Step-b
The person could lift
pounds.
Print

Answers

Answer:

Ummm yeah yeah 123_3

Step-by-step explanation:

1x1+3

College student makes decorative Styrofoam Lions and Husky's which she sells each year. Each one uses 8 oz of Styrofoam and takes 35 minutes to make. Each husky uses 12 oz of Styrofoam and takes 20 minutes to me. Furthermore, each line brings in a profit of $2.50 while each husky brings in a profit of $3. If she only has 3840 ounces of Styrofoam to work with and has 9650 minutes, how many of each animal should she make in order to maximize profits? What is the maximum profit possible?

Answers

Answer:

She should make 122 Styrofoam lions and 268 Styrofoam Husky's

The maximum profit, she makes is  $1109

Step-by-step explanation:

The given information are;

The volume required to make each lion = 8 oz

The time it takes to make each lion = 35 minutes

The amount of profit each lion brings = $2.50

The volume required to make each Husky = 12 oz

The time it takes to make each Husky = 20 minutes

The amount of profit each Husky brings = $3

Let the number of lion Styrofoam cups she makes = x

Let the number of Husky Styrofoam cups she makes = y

Therefore, we have;

x × 35 + y × 20 = 9650..........(1)

x × 8 + y × 12  = 3840.............(2)

Dividing equation (2) by 8 and making x the subject, we get;

x × 8/8 + y × 12/8  = 3840/8

x + 4/3·y = 480

x = 480 - 4/3·y

Substituting the value of x in equation (1) gives;

(480 - 4/3·y) × 35 + y × 20 = 9650

16800 - 80/3·y = 9650

y = 268.125

x = 480 - 4/3·y  = 480 - 4/3×268.125 = 122.5

Therefore, she can make 122 Styrofoam lions and 268 Styrofoam Husky's

The maximum profit, she makes is therefore given by the following equation;

The maximum profit = 122 × 2.5 + 268 × 3 = $1109.

will give brainliest answer

Answers

Answer:

true

true

false

Step-by-step explanation:

the triangle is equal throughout but not symmetrical.

Simplify -2√18


Would appreciate an explanation!

Answers

Answer:

-6√2

Step-by-step explanation:

Since the largest square root in 18 is 9 we can separate it out as shown:

√18 = √9√2

We can then solve this out to 3√2

Since we have a negative two on the outside, we would multiply it by 3 ( from the 3√2).

Work:

-2√18

-2√9√2

-2(3)√2

-6√2

Answer:

Step-by-step explanation:

Prime factorize 18

[tex]-2\sqrt{18}=-2*\sqrt{3*3*2}= -2*3\sqrt{2} \\\\ = -6\sqrt{2}[/tex]

can somebody simply explain a unlinear functions???​

Answers

Answer:

The graph of a linear function is a line. ... Linear functions have a constant slope, so nonlinear functions have a slope that varies between points. Algebraically, linear functions are polynomials with highest exponent equal to 1 or of the form y = c where c is constant. Nonlinear functions are all other functions.

nonlinear functions are functions that are not linear functions. Therefore, they have the opposite properties of a linear function. The graph of a linear function is a line. Thus, the graph of a nonlinear function is not a line.

Step-by-step explanation:

NEED NOW!!! A bag of marbles can be shared equally amoung 6, 8, or 12 students with none left iver. What is the least ammount of marbles that can be in the bag?

Answers

Answer: the least amount of marbles would be 24 because it would be divided equally among the people , with none leftover.

Step-by-step explanation: if you had 6 people, each of them would have 4 marbles. if you had 8 people each of them would get 3 marbles. and if you had 12 people, each of them would get 2 marbles.  

hope i could help :)

3x2 – 7x + 9, when x = 4
A)5
B)29
C)61
D)85

Answers

Answer:

B) 29

Step-by-step explanation:

Plug in 4 for x.

3(4)^2 - 7(4) + 9

3(16) - 28 + 9

48 - 28 + 9

20 + 9

29.

Hope this helps.

Write the equation of a line through point (-5,1) and perpendicular to 2x - 3y = 6.

Answers

Answer:

y = 2/3x - 2

Step-by-step explanation:

Step 1:

y = mx + b       Slope Intercept Form

Step 2:

2x - 3y = 6           Equation

Step 3:

- 3y = - 2x + 6     Subtract 2x on both sides

Step 4:

y = 2/3x - 2           Divide - 3 on both sides

Answer:

y = 2/3x - 2

Hope This Helps :)

The graph shows the amount of savings over time in Eliane​'s account. ​, ​Lana meanwhile, puts ​$35 each week into savings account. If they both begin with​ $0, who is saving at the greater​ rate The graph shows the amount of savings over time in ​'s account. ​, ​meanwhile, puts ​$ each week into savings account. If they both begin with​ $0, who is saving at the greater​ rate?

Answers

wheres the graph? im confused

Answer: $37 for Eliane's account and $35 for Lana's account

Step-by-step explanation:

A family of five went out to dinner at HogTastic Pit BBQ. They all ordered the buffet and drink at $12.80 each. They left a 15% gratuity for the waitress on the after-tax bill. Based on a tax rate of 7.5%, they ended up paying a total of $ for dinner.

Answers

Answer:

$79.12

Step-by-step explanation:

Given the following :

Cost per order = $12.80

Number of people = 5

Gratuity left for waitress = 15%

Tax rate = 7.5%

Total bill before tax:

$12.80 * 5 = $64

Bill after tax:

$64 * (1 + 7.5%)

64 - 4.8

= $68.80

Final amount paid:

After tax bill + (after tax bill * Gratuity rate)

$68.80 + (68.80 * 15%)

= $79.12

Can someone please help me with this problem?

Answers

Answer:

53 - .75x < 50

Step-by-step explanation:

4 + 49 - .75x < 50

53 - .75x < 50

-.75x < -3

x > 4

He needs to remove 5 or more shirts to meet the requirement.

Answer:

53 - .75x < 50

Step-by-step explanation:

Which number line and expression show how to find the distance from 4 to 1

Answers

Answer:

C.

Step-by-step explanation:

The distance between two numbers on the number line is the absolute value of the difference of the numbers.

The distance between 4 and 1 is

|4 - 1|

Answer: C.

Answer:

c

Step-by-step explanation:

its the proper way

11=3−4/3x solve for x

Answers

11 = 3 - 4/3x

11 = (9 - 4x)/3

33 = 9 - 4x

24 = -4x

24/4 = - x

x = -6

Which of this following is an expression

Answers

Answer:

Step-by-step explanation:

expressions dont have an equal sign but they have either a plus, minus, multiplying or dividing sign

Taylor multiplied 8.25 x 104 and 0.4 x 104 and got 8.65 x 104
Explain Taylor's mistake and give the correct answer. (1 pt. for the explanation and 1 pt. for the correct answer.)

Answers

Answer:

Taylor added. The correct answer is 3.3*10^8

Step-by-step explanation:

Taylor haven't consider the exponents properties and multiplication was also incorrect.

What are exponents?

Exponent refers to how many times a number multiplied by itself.

Given:

8.25 x [tex]10^{4}[/tex] and 0.4 x [tex]10^{4}[/tex]

Now, multiplying by considering exponents as

a^m * a^n = a^( m+ n)

So,

=8.25 * 0.4 * [tex](10) ^{4+4}[/tex]

= 3.3 * [tex]10^8[/tex]

Hence, Taylor haven't consider the exponents properties and multiplication was also incorrect.

Learn more about exponents here:

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find the distance traveled in 15 seconds by an object traveling at a constant velocity of 20 feet per second

Answers

The distance travel by the object would be 300 feet

The distance covered by the object is 300 feet's.

We have -  object traveling at a constant velocity of 20 feet per second.

We have to calculate the distance traveled in 15 seconds by the object.

What is the formula to calculate the distance covered by the object ?

The distance covered by the object can be calculated using the formula -

d = v x t

Where -

v - it is the velocity of object

t - time taken by object

According to question -

v = 20 feet/sec

t = 15 seconds

Hence, the distance covered will be -

d = 20 x 15 = 300 feet's

Hence, the distance covered by the object is 300 feet's.

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Half the product of two numbers x and y minus five times a third number z

Answers

Answer: (X times Y) 1/2 - 5 ( Z/3 )

Step-by-step explanation:

i don’t understand anything someone please help me :/

Answers

Answer:

answer choice c=6

Step-by-step explanation:

since the question says that round to the nearest

mile then you would round 5.7 to get you 6 so

your answer is 6

Hope this help you :))

 please give me branliest.                                                              


What is the length of the diagonal of the rectangle?

Answers

Answer:

21.5

HERE'S YOUR ANSWER....

HOW MUCH WAS IT HELPFUL

PLEASE HELP! I WILL MAKE YOU BRAINLIST!

Answers

The answer is A, because the perimeter in cm is 19 and if we multiply 19 by 6.5 we get 61.75

True or false: When you multiply or divide an inequality by a negative, you flip the inequality sign
Plz tell me

Answers

Answer:

[tex]\boxed {\tt True}[/tex]

Step-by-step explanation:

This is true. Whenever you divide or multiply an inequality by a negative number, you must flip the inequality sign.

Here is an example:

[tex]-9x>27[/tex]

We have to divide both sides of the inequality by -9. Since it is a negative number, flip the inequality sign.

[tex]\frac{-9x}{-9} <\frac{27}{-9}[/tex]

[tex]x<\frac{27}{-9}[/tex]

[tex]x<-3[/tex]

So, it is true that you must flip the inequality sign when multiplying or dividing by a negative number.

Answer:

true

Step-by-step explanation:

yes true

..............

Find the values of x and y if (x+2,y)=(3,4).​

Answers

Answer:

x = 1 and y = 4

Step-by-step explanation:

Solution,

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

Now,

Comparing corresponding elements,

x+2 = 3 , y = 4

or, x = 3 - 2 , y = 4

or, x = 1 , y = 4

Therefore, the value of x is 1 and y is 4.

WORTH 50 POINTS graph y=4/7x−2​. i need two points

Answers

Cant really show you how to do it but the graph would start at the y axis at (0,-2) then from there each point would move to the left 4 and up 7 or back 4 and down 7. It would form a straight line.

[tex]\sf \longmapsto y=4/7x−2[/tex]

[tex]\sf \longmapsto \dfrac{4}{7} x - 2 = y[/tex]

[tex]\sf \longmapsto \dfrac{4}{7} x - 2 + 2 = y + 2[/tex]

[tex]\sf \longmapsto \dfrac{4}{7} x = y + 2[/tex]

[tex]\sf \longmapsto \dfrac{4}{7 } x \bigg/ \dfrac{4}{7} = \dfrac{y + 2}{ \dfrac{4}{7} } [/tex]

[tex]\sf \longmapsto x = \dfrac{7y + 4}{14} [/tex]

Graph attached

What value of 'x' would make lines n and m parallel?

Answers

x=39 because consecutive angles are congruent

jhjkhgfxdzfxcghjklhgfydfxcvbnklmoiuytfcgvb nmkljiouhytfrdfcgvhbjnkiuhygtfrhcgvhbjiou98y7tgvhmb

Answers

Answer:

uihuvbuh ufsghiusgu 8y39 8y3yy894y87y48jhfjhjbvhjjavjlh ailhli

Step-by-step explanation:

Fjdjkssnnfnsskkfmddntmkrkdkensnene;)

Helen is merging images from her two favorite movies so that the characters from the different movies appear to be dueling with each other. The editing program she is using has a virtual protractor, which tells Helen that the character in the first picture is holding her sword at a 43 angle and that the character in the second picture is holding his sword at a 107 angle. In the merged image that Helen creates, what will the angle between the characters’ swords be?

Answers

Answer:

[tex]the \: angle \: between \: the \: characters’ \: swords\: \\will \: be \: 30[/tex]

Step-by-step explanation:

[tex]both \: characters \: swords \: form \: \\ a \: triangular \: shape \: with \: 43 \: and \: 107 \: \\ as \: thier \: bases. \\ to \: find \: the \: unknown \: angle \: we \ \\ \: employ \: that \: the \: sum \: of \: angles \: in \: a \\ \: triangle \: = \: 180. \\ so \: 180 - (107 + 43) = 30.[/tex]

The number of users of social media has increased significantly since the year 2001. In fact, the approximate number of users has tripled each year. It was reported that in 2005 there were 3 million users of social media.

a. Assuming that the number of users continues to triple each year, for the next three years, determine the number of users in 2006, 2007, and 2008.



How many users were there in 2006?

Answers

Answer:

9 million

Step-by-step explanation:

3 million × 3 = 9 million

I hope this helps!

The number of users in 2006, 2007, and 2008 will be 9 million, 27 million, and 51 million respectively.

What is a sequence?

It is defined as the systematic way of representing the data that follows a certain rule of arithmetic.

Divergent sequences are those in which the terms never stabilize; instead, they constantly increase or decrease as n approaches infinity, approaching either infinity or -infinity.

It is given that, the approximate number of users has tripled each year and in 2005 there were 3 million users of social media.

The number of users in 2006 = 3 × number of users in 2005]

The number of users in 2006 = 3 × 3 million
The number of users in 2006 = 9 million

The number of users in 2007 = 3 × number of users in 2006

The number of users in 2007 = 3 × 9 million
The number of users in 2007 = 27 million

Thus, the number of users in 2006, 2007, and 2008 will be 9 million, 27 million, and 51 million respectively.

Learn more about the sequence here:

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pls help!!!!!!!!!!!!!!

Answers

The answer to this question is 9,898.
You are very welcome
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