bubblebutt2304ozt0ho bubblebutt2304ozt0ho
  • 03-01-2018
  • Mathematics
contestada

Maggie uses a credit card with 17.4% apr compounded monthly to pay for car repairs totaling 843.12 she can pay 330 per month on the card what will the total cost be

Respuesta :

Rod44 Rod44
  • 03-01-2018
17.4% APR is 17.4/12% per month=1.45% or 0.0145.
After 1 month 843.12 will grow to 855.35
Take off 330 to leave 525.35.
After another month this will grow to 532.96.
Take off 330 to leave 202.96.
After another month this will grow to 205.91.
So the total cost will be 2×330+205.91=865.91.
Answer Link

Otras preguntas

If a circle is cut from a square piece of plywood, how much plywood would be left over? Use 3.14 for pi
How many prime numbers are there between 56 and 100?
If 4x+5y=10 and x+3y = 8 then (5x+8y)/3=
What caused the rise of military government in Japan?
An object of mass 2 kg has a linear momentum of magnitude 6 kg • m/s. What is this object’s kinetic energy?
If y^8= 4 and y^7=3/x, what is the value of y in terms of x?
An object of mass 2 kg has a linear momentum of magnitude 6 kg • m/s. What is this object’s kinetic energy?
A test cross with an organism with a homozygous recessive genotype results in 50% of the offspring exhibiting the recessive trait. What is the genotype of the t
In the formula e = hf, if e is doubled and f is halved, what happens to the value of h?
Which technological development enabled European navigators to determine their location during the Age of Exploration? (1) lateen sail (2) astrolabe (3) cross