Find the monthly interest payment in the situation described below. Assume that the monthly interest rate is 1 divided by 12 of the annual interest rate.
You maintain an average balance of ​$675 on your credit​ card, which carries a 24%
annual interest rate.

The monthly interest payment is ​

Answers

Answer 1

The monthly interest payment is 162

What is Interest?

Interest, in its most simple form, is calculated as a percent of the principal.

First,

monthly interest rate,

= 0.24/12

= 0.02.

Now,

Average monthly interest,

=0.02×$675

= $13.50.

Thus, the annual interest payments,

= 12×$13.50

= $162

Learn more about this concept here:

https://brainly.com/question/1435782

#SPJ1


Related Questions

which expression is equivalent to 6 to the power of 4 x 6 to the 3rd power

Answers

Answer:

6^4 * 6^3

Step-by-step explanation:

Graph the exponential function g (x) = 4* -1
To do this, plot two points on the graph of the function, and also draw the asymptote. Then click on the graph-a-function button.
Additionally, give the domain and range of the function using interval notation.

Answers

I assume you meant [tex]g(x)=4^x -1[/tex].

The graph is shown in the attached image.

The two points on the graph are (0,0) and (1, 3).The asymptote is y = -1.The domain is [tex](-\infty, \infty)[/tex].The range is [tex](-1, \infty)[/tex].

The two points on the graph are (0,0) and (1, 3).

The asymptote is y = -1.

The domain is (-∞,∞)

The range is (-1,∞)

What is an exponential function?

Powers can simply be expressed in concise form using exponential expressions. The exponent shows how many times the base has been multiplied. Since 2 is the "base" and 5 is the "exponent," it can be written as 2 2 2 2=25 for the number 32. This phrase should be understood as "two to the fifth power."

The two points on the graph are (0,0) and (1, 3).

The asymptote is y = -1.

The domain is (-∞,∞)

The range is (-1,∞)

The graph of the function is attached with the answer.

To know more about an exponential expression follow

brainly.com/question/2456547

#SPJ2

Help me with this question please :)

Answers

Answer:  5040

Explanation:

There are 7 ways to pick the first place position, then 6 ways for second place, 5 for third, and so on. We count down until we get to 1

7,6,5,4,3,2,1

Multiply out those values to get the final answer. On many calculators this can be done using the factorial button, indicated as an exclamation mark

7! = 7*6*5*4*3*2*1 = 5040

Which value is a solution to 3y + 4 < 16?

Answers

Hello,

    3y + 4 < 16

⇔ 3y < 16 - 4

⇔ 3y < 12

⇔ y < 12/3

⇔ y < 4

⇒ S = ] - ∞ ; 4 [

Resuelve la Ecuación 4x-7=1+2x

Answers

Answer:x=4

Step-by-step explanation:

tendrías que poner términos similares juntos, asegurándote de cambiar el signo de cualquier figura que cruce el igual al signo. luego restarías o sumarías, resolverías las ecuaciones de cada lado, ya que ahora están agrupadas. luego dividirás tu respuesta por el coeficiente que es 2 (2x). esto te dejaría con 4

4x - 2x = 1+7

4x-2x= 8

2x =8

divisir

x=8

A fair coin is flipped twice. What is the probability of showing heads on both flips?

Answers

Answer:

0.25 or 1/4

Step-by-step explanation:

P(coin is flipped as head) = 0.5 or 1/2 (one of 2 sides)

P(coin is flipped as head twice) = P(coin is flipped as head) x P(coin is flipped as head)

= 0.5 x 0.5

= 0.25 or 1/4

find the magnitude and direction
(WILL GIVE BRANLIEST!!)

Answers

The magnitude of the resultant vector is 22.6 m and the direction is 56.8⁰.

Resolution of vector A into x and y components

Ax = A cosθ

Ay = A sinθ

Ax = 7.7 x cos(27.8)

Ax = 6.81 m

Ay = 7.7 x sin(27.8)

Ay = 3.59 m

Resolution of vector B into x and y components

Bx = B cosθ

By = B sinθ

θ with respect to x - axis = 90 - 20 = 70⁰

Bx = 16.3 m x cos(70)

Bx = 5.575 m

By = 16.3 m x sin(70)

By = 15.32 m

Sum of vectors in x direction

Vx = Ax + Bx

Vx = 6.81 m + 5.575 m = 12.385 m

Sum of vectors in y direction

Vy = Ay + By

Vy = 3.59 m + 15.32 m = 18.91 m

Resultant vector

V = √(Vy² + Vx²)

V = √(18.91² + 12.385²)

V = 22.6 m

Direction of the vector

tan θ = Vy/Vx

tan θ = (18.91)/(12.385)

tan θ = 1.527

θ = arc tan (1.527)

θ = 56.8⁰

Thus, the magnitude of the resultant vector is 22.6 m and the direction is 56.8⁰.

Learn more about vectors here: https://brainly.com/question/25811261

#SPJ1

A greedy hamster hoarded 2 piles of sunflower seeds. Yesterday the ratio of the seeds in these piles 3:4; but today the greedy hamster placed another 2 pounds of seeds in the bigger pile. He also ate 1/4 pound from the smaller pile and now the quantities of seeds in those piles is in the ratio of 5:16. What was the weight of each pile yesterday

Answers

The weight of each pie will be 6 and 8 pounds respectively if the ratio of the seeds in these piles 3:4

What is the ratio?

It is described as the comparison of two quantities to determine how many times one obtains the other. The proportion can be expressed as a fraction or as a sign: between two integers.

We have:

A greedy hamster hoarded 2 piles of sunflower seeds. Yesterday the ratio of the seeds in these piles was 3:4

Let 3x and 4x are the seeds from the smaller and bigger pile.

= 4x + 2  (greedy hamster placed another 2 pounds of seeds in the bigger pile)

= 3x - 1/4 (ate 1/4 pound from the smaller pile)

4x + 2 = 5x

Because the quantities of seeds in those piles is in the ratio of 5:16

After solving:

x = 2

Smaller pile weight = 3x = 3(2) = 6

Bigger pile wieght = 4x = 4(2) = 8

Thus, the weight of each pie will be 6 and 8 pounds respectively if the ratio of the seeds in these piles 3:4

Learn more about the ratio here:

brainly.com/question/13419413

#SPJ1

4. Debbie's nephew comes to live with them over the summer. He eats the same amount as each
of the other three kids. How much does it cost each morning to feed all four kids now?
Show your work.


Note: To feed one kid each morning, it costs $1.12
Each kid eats 1.3 tubs of yogurt and 3.3 ounces of granola each morning.

Answers

Answer:

$4.48

Step-by-step explanation:

It takes $1.12 to feed one kid, to find the cost of all four kids we multiply 1.12 by 4

1.12*4 = $4.48

If cos = 3/5 and is in quadrant IV, Sin2=

Answers

Using a trigonometric identity, it is found that the sine of the angle is given as follows:

[tex]\sin{\theta} = -\frac{4}{5}[/tex].

Which trigonometric identity relates the sine and the cosine of an angle?

Considering an angle [tex]\theta[/tex], the identity is given as follows:

[tex]\sin^2{\theta} + \cos^2{\theta} = 1[/tex]

In this problem, the cosine is given as follows:

[tex]\cos{\theta} = \frac{3}{5}[/tex]

Hence the sine is found as follows:

[tex]\sin^2{\theta} + \cos^2{\theta} = 1[/tex]

[tex]\sin^2{\theta} + \left(\frac{3}{5}\right)^2{\theta} = 1[/tex]

[tex]\sin^2{\theta} + \frac{9}{25} = 1[/tex]

[tex]\sin^2{\theta} = \frac{16}{25}[/tex]

[tex]\sin{\theta} = \pm \sqrt{\frac{16}{25}}[/tex]

In quadrant IV, the sine is negative, hence:

[tex]\sin{\theta} = -\frac{4}{5}[/tex].

More can be learned about trigonometric identities at https://brainly.com/question/7331447

#SPJ1


Drag the tiles to the correct boxes to complete the pairs. Not all tiles will be used.
Match each equation of the plecewise function represented in the graph to its corresponding plece of the domain.

Answers

Matching each equation of the plecewise function represented in the graph will be:

2 < x < 3 = 3 - x0 < x < 2 = 1x = 2 = x3 < x < 5 = 5 - x

How to illustrate the information?

It should be noted that a domain simply means the set of inputs that are accepted by the function.

In this case, the equation of the piecewise function represented is given.

The graph is attached.

Learn more about equations on:

brainly.com/question/2972832

#SPJ1

Use the function below to find F(-4).

Answers

Answer:

D

Step-by-step explanation:

Answer:

1/16

Step-by-step explanation:

To evaluate the function f(-4), we let x =4 in f(x) = [tex]2^{x}[/tex]

f(-4) = [tex]2^{-4}[/tex]

     = 1/[tex]2^{4}[/tex]

     =1/16

y=x^2 is y a function of x​

Answers

Yes y=x^2 is a function because Using the definition of a function, y=x^2 is a function because for every x-value in your domain, you will only get 1 unique y-value. A quick check you can do is to use the vertical line test

if f(x)=4x-x^2 find f(x+h)-f(x+h)/2h

Answers

Answer:

0

Step-by-step explanation:

same numerator for that it is zero

Answer: A

Step-by-step explanation:

Please solve this question

Answers

The probability that a randomly selected x-value from the distribution will be in the interval:

P(35 < x < 45) = 0.6827 and,P(30 < x < 40) = 0.47725

What is the probability of a normal distribution?

The probability of a normal distribution can be determined from the symmetrical curve between 1 to 100%.

From the information given:

Mean = 40Standard deviation = 5

To determine the probability that a randomly selected x-value is in the given interval:

P(35<x<45)P(30<x<40)

[tex]P(35 < x < 45) = P(\dfrac{35-40}{5} < Z < \dfrac{45-40}{5})[/tex]

[tex]P(35 < x < 45) = P(\dfrac{-5}{5} < Z < \dfrac{5}{5})[/tex]

[tex]P(35 < x < 45) = P(-1 < Z < 1)[/tex]

[tex]\mathbf{P(35 < x < 45) = P[Z\le 1] -P[Z\le -1]}[/tex]

Using normal distribution table:

P(35 < x < 45) = 0.8414 - 0.1587

P(35 < x < 45) = 0.6827

[tex]P(30 < x < 40) = P(\dfrac{30-40}{5} < Z < \dfrac{40-40}{5})[/tex]

[tex]P(30 < x < 40) = P(\dfrac{-10}{5} < Z < \dfrac{0}{5})[/tex]

[tex]P(30 < x < 40) = P(-2 < Z < 0)[/tex]

[tex]\mathbf{P(30 < x < 40) = P[Z\le0]-P[Z\le -2]}[/tex]

Using normal distribution table:

P(30 < x < 40) = 0.5 - 0.02275

P(30 < x < 40) = 0.47725

Learn more about the probability of a normal distribution here:

https://brainly.com/question/4079902

#SPJ1

Consider the given figure. Two right angled triangles R T S, and U T S with their hypotenuse side intersecting at the point Q. The opposite side of both triangle have the same length. Using the SSS congruence criterion, what additional information is needed to show that ΔRST ≅ ΔUTS? A. RT ≅ US B. ∠S ≅ ∠T C. RQ ≅ QS D. ∠R ≅ ∠U\

Answers

Two or more triangles are said to be congruent if their length of sides and measure of angles are equal. Thus, the required proof expected in the question is option D. <R ≅ <U

When the length of sides or measure of angles of two or more figures is equal, then we say the figures are congruent.

From the given question, the following can be deduced:

RT ≅ US (given: opposite sides are equal)

and TS is a common side for the two triangles.

<TRS  ≅  <RSU (alternate angle property)

<RTS  ≅ <UST (right angle property)

<RTU  ≅  <SUT (alternate angle property)

Therefore it can be observed that the necessary condition to prove that ΔRST ≅ ΔUTS is option D. <R  ≅ <U.

For more clarifications on  ≅ congruent properties of triangles, visit: https://brainly.com/question/1619927

#SPJ1

Answer:

Step-by-step explanation:

6 times the sum of a number q and 9

Answers

Answer:

6(q + 9)

Step-by-step explanation:

Place the indicated product in the proper location on the grid
(a+b)(a-2b)

Answers

The product (a+b)(a-2b) is a^2 - ab - 2b^2

How to evaluate the product?

The product expression is given as:

(a+b)(a-2b)

Expand the bracket

a * a - a * 2b + b * a - b * 2b

Evaluate the product

a^2 - 2ab + ab - 2b^2

Evaluate the like terms

a^2 - ab - 2b^2

Hence, the product (a+b)(a-2b) is a^2 - ab - 2b^2

Read more about products at:

https://brainly.com/question/10873737

#SPJ1

Solve |√2-y| = |y-√2|

Answers

Answer:

Step-by-step explanation:

|√2-y|=|y-√2|

√2-y=±(y-√2)

when √2-y=y-√2

y+y=√2+√2

2y=2√2

y=√2

when √2-y=-(y-√2)

√2-y=-y+√2

or 0=0

it gives no value of y.

so only possible value is y=√2

Cost of a CD: $19.95
Markup: 70%

Answers

Answer:

$33.915 for the cd

Step-by-step explanation:

70% of 19.95 = 13.965

19.95 + 13.965= 33.91

Which of the following equations is correctly calculated?

Answers

Answer:

d) -8 × 3 = -24

Step-by-step explanation:

a) -18 ÷ 6 = -3

b) 30 ÷ 3 = 10

c) -7 × -7 = 49

d) -8 × 3 = -24

Above from all, option d is done correctly.

Note: when negatives are multiplied together or divided they cancel out to being positive. For example: -1 × -1 = 1

Hello!

Let's solve to verify whether the equations are true.

⇒ -18 ÷ 6 = -3

⇒ Given answer : 3

⇒ Incorrect

⇒ 30 ÷ 3 = 10

⇒ Given answer : -10

⇒ Incorrect

⇒ -7 × -7 = 49

⇒ Given answer = -49

⇒ Incorrect

⇒ -8 × 3 = -24

⇒ Given answer = 24

Correct

The equation which is correctly calculated is -8 × 3 = -24.

Find the compound amount and the interest earned when the given investment has continuous compounding.

$11,000 at 2.3% for 8 years

Answers

The compound amount and the interest earned are $13,222.17 and $2,222.17 respectively.

What is compound interest?

It is defined as the interest on the principal value or deposit and the interest which is gained on the principal value in the previous year.

We can calculate the compound interest using the below formula:

[tex]\rm A = P(1+\dfrac{r}{n})^{nt}[/tex]

Where A = Final amount

          P = Principal amount

          r  = annual rate of interest

          n = how many times interest is compounded per year

          t = How long the money is deposited or borrowed (in years)

We know the formula for continuous compounding:

[tex]\rm A = P(e)^{rt}[/tex]

[tex]\rm A = 11000(e)^{0.023\times8}[/tex]

A = $13,222.17

I = A - P = 13,222.17 - 11000

I  = $2,222.17

Thus, the compound amount and the interest earned are $13,222.17 and $2,222.17 respectively.

Learn more about the compound interest here:

brainly.com/question/26457073

#SPJ1

Which equation can be used to solve the problem? 10 is 50 percent of what number? StartFraction 10 divided by 1 Over 50 divided by 1 EndFraction = StartFraction 10 Over 50 EndFraction StartFraction 100 times 2 Over 50 times 2 EndFraction = StartFraction 200 Over 100 EndFraction StartFraction 10 divided by 2 Over 50 divided by 2 EndFraction = StartFraction 5 Over 25 EndFraction StartFraction 50 divided by 5 Over 100 divided by 5 EndFraction = StartFraction 10 Over 20 EndFraction Mark this and return

Answers

The option fourth StartFraction 50 divided by 5 Over 100 divided by 5 EndFraction = StartFraction 10 Over 20 EndFraction is correct.

What is the percentage?

It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.

Let x be the number.

According to the problem.

50% of x = 10

x = 10 ÷ 50%

= 10×(50/100)

= (50÷5)/(100÷5) = 10/20

Thus, the option fourth StartFraction 50 divided by 5 Over 100 divided by 5 EndFraction = StartFraction 10 Over 20 EndFraction is correct.

Learn more about the percentage here:

brainly.com/question/8011401

#SPJ1

The common _____ of two rays that make an angle is called the vertex.
your answer goes here

Answers

The common endpoint of two rays that make an angle is called the vertex

Answer:

endpoint or straight lines

Step-by-step explanation:

same

what is numrical in math and complex function?
[tex] \sqrt{ - i} [/tex]

Answers

Answer:

Step-by-step explanation:

[tex]\sqrt{- i} =\sqrt{(-1)i} =\sqrt{i^2i} =i\sqrt{i}[/tex]


Find integra of xlnxdx

Answers

Answer:

[tex]\dfrac{1}{2}x^2\ln x - \dfrac{1}{4}x^2+\text{C}[/tex]

Step-by-step explanation:

Fundamental Theorem of Calculus

[tex]\displaystyle \int \text{f}(x)\:\text{d}x=\text{F}(x)+\text{C} \iff \text{f}(x)=\dfrac{\text{d}}{\text{d}x}(\text{F}(x))[/tex]

If differentiating takes you from one function to another, then integrating the second function will take you back to the first with a constant of integration.

[tex]\boxed{\begin{minipage}{4 cm}\underline{Integrating $x^n$}\\\\$\displaystyle \int x^n\:\text{d}x=\dfrac{x^{n+1}}{n+1}+\text{C}$\end{minipage}}[/tex]

Increase the power by 1, then divide by the new power.

Given indefinite integral:

[tex]\displaystyle \int x \ln x \:\: \text{d}x[/tex]

To integrate the given integral, use Integration by Parts:

[tex]\boxed{\begin{minipage}{5 cm}\underline{Integration by parts} \\\\$\displaystyle \int u \dfrac{\text{d}v}{\text{d}x}\:\text{d}x=uv-\int v\: \dfrac{\text{d}u}{\text{d}x}\:\text{d}x$ \\ \end{minipage}}[/tex]

[tex]\text{Let }u=\ln x \implies \dfrac{\text{d}u}{\text{d}x}=\dfrac{1}{x}[/tex]

[tex]\text{Let }\dfrac{\text{d}v}{\text{d}x}=x \implies v=\dfrac{1}{2}x^2[/tex]

Therefore:

[tex]\begin{aligned}\displaystyle \int u \dfrac{dv}{dx}\:dx & =uv-\int v\: \dfrac{du}{dx}\:dx\\\\\implies \displaystyle \int x \ln x\:\:\text{d}x & = \ln x \cdot \dfrac{1}{2}x^2-\int \dfrac{1}{2}x^2 \cdot \dfrac{1}{x}\:\:dx\\\\& = \dfrac{1}{2}x^2\ln x -\int \dfrac{1}{2}x\:\:dx\\\\& = \dfrac{1}{2}x^2\ln x - \dfrac{1}{4}x^2+\text{C}\end{aligned}[/tex]

Learn more about integration here:

https://brainly.com/question/27805589

https://brainly.com/question/27983581

https://brainly.com/question/27759474

find the volume of the figure below. pls show solution:)

Answers

Answer:

294pi

Step-by-step explanation:

1/3*pi*r^2*h=V

1/3*pi*49*18=V

V=294pi

Lynn’s cruise lasted 11 days and 7 hours. Convert the time to hour

Answers

Here is conversion chart

1 day=24hr

so the equation to solve this would look like this

(24*11)+7

Therefore the answer is 271 hr

Round the following items to the nearest £1:

Item
Cost
Cost rounded to nearest £1
Notebook
£2.15
£
Pencil Case
£3.80
£
Colouring Pencil
£1.49
£

Answers

Answer:

1. Colouring Pencil 2. Notebook 3. Pencil Case

Step-by-step explanation:

let (-5,-7) be a point on the terminal side of theta. find the exact values of cos theta, sec theta, and cot theta

Answers

a. The exact value of cosθ = -5/√74

b. The exact value of secθ = -√74/5

c. The exact value of cotθ = 5/7

How to find the trigonometric ratios

Since the terminal side of the θ is the point, (-5, -7), we need to find the length of the terminal side.

So, r = √(x² + y²) where

x = -5 and y = -7

So, r = √(x² + y²)

r = √((-5)² + (-7)²)

r = √(25 + 49)

r = √74

The value of the trigonometric ratio cosθ

Since the trigonometric ratio cosθ = x/r

Substituting the values of x and r into the equation, we have

cosθ = x/r

cosθ = -5/√74

So, the exact value of cosθ = -5/√74

The value of the trigonometric ratio secθ

Since the trigonometric ratio, secθ = r/x

Substituting the values of x and r into the equation, we have

secθ = r/x

secθ = √74/-5

secθ = -√74/5

So,  the exact value of secθ = -√74/5

The value of the trigonometric ratio cotθ

Since the trigonometric ratio cotθ = x/y

Substituting the values of x and y into the equation, we have

cotθ = x/y

cotθ = -5/-7

cotθ = 5/7

So,  the exact value of cotθ = 5/7

Learn more about trigonometric ratios here:

https://brainly.com/question/1518222

#SPJ1

Other Questions
A roller coasters height is given by the equation h = .025t2 + 4t + 50, where t represents the time in seconds. How long will it take riders to pass over the hill and reach ground level? Hint: Set h = 0. If the diameter of an atom is 1x10^-8 cm, what is the diameter of the nucleus First answer gets brainliest What's income inequality what ........... (do) tomorrow evening? How we save water during washing dishes?? The period of a pendulum depends on _____. Select all that apply. The period of a pendulum depends on _____. Select all that apply. its mass the string length the amplitude of the motion gravity the value of the pendulum constant Find the degree of 3m^2n^4 between Au3+ and Au+ which has a larger radius and why For F(x)=2x+1 and G(x)=c^2-7 find (FxG)(x) Use the rules of inference and replacement to construct a proof..philosophy: college A triangle is formed between boats a and b and a submarine. the length between a and b is 1,425 feet. the angle at point a is 59 degrees and the angle at point b is 47 degrees. ships a and b are 1,425 feet apart and detect a submarine below them. the angle of depression from ship a to the submarine is 59, and the angle of depression from ship b to the submarine is 47. how far away is the submarine from the two ships? round to the nearest hundredth of a foot. the distance from ship a to the submarine is about feet. the distance from ship b to the submarine is about feet. Work out the rule for the nth term then work out the 100 termtha) 3, 5, 7, 9, 11, 13....b) 12, 20, 28, 36, 44....c) 19, 29, 39, 49, 59....d) 7, 10, 13, 16, 19....e) 14, 20, 26, 32, 38....f) 55, 60, 65, 70, 75...g) 8, 17, 26, 35, 44.... Allen is horrible at managing his money. For example, herecently invested $100,000-part of it in a company thatmakes "fish-flavored" chicken and the rest in a companythat makes spray-on vitamins. Somehow he managed to earna 3% profit on the fish-flavored chicken investment and 1%profit on the spray-on vitamin deal. If Allen made a profitof $2,600 from both investments, how much did he invest inthe fish-flavored chicken company? Since the outbreak of the coronavirus pandemic, we have seen governments at all levels try to mount a response on a scale and timeline that is essentially unprecedented in American history. Do a little bit of research into public agencies (i.e., bureaucracies) that are responsible for some aspect of the government's response to the pandemic. What actions has the agency taken? What problem(s) relating to the outbreak are these actions intended to address? How do these actions fit within the agency's broader mission? Have there been any issues or challenges that the agency has encountered in its response to the outbreak? Please choose a bureaucracy that is either part of the federal government or part of the State of California. Triangles P and Q are similar.Find the lengths of the sides:Triangle P> CA=9cm AB=4cm BC=? Triangle Q> XY=16cm YZ=48cm ZX=? girls often do better than boys rewrite the sentence in four words In a few sentences, summarize what has happened in the first part of "The Perfect Match." what happens when the multiplicity of a real root is even a. the graph crosses the y-axisb. the graph crosses the x-axisc. the graph is tangent to the y-axisd. the graph is tangent to the x-axis kjnlkhbkjbjbjbbhbjbjmnk