jacque7jajbianKit jacque7jajbianKit

25-03-2017
Mathematics

contestada

Lenny has a remaining balance on his credit card of $3,000. His credit card has an APR of 20 percent. How much will he pay in interest in one month?
$50.20
$600
$50.00
$6.00

Respuesta :

Aliwohaish12 Aliwohaish12

25-03-2017

A=p(1+i/m)^mn
P=3000
i=0.20
M=12
n=1/12
A=3,000×(1+0.20÷12)^(12*1/12)
=3,050
Interest earned=3050-3000=50

Answer Link

Otras preguntas

What type of medication would you be most likely to use for a mild sprain

1,535,744 what is the place of value of the number above?

Which of the following is another name for space science?

ten times as much as 3000

what is the distributive property to expand the algebraic expression 8(4b + 7c)

Which of the following correctly characterizes an advantage of the North? Check all of the boxes that apply. a. more factories b. a longer coastline c. a gr

Randolph has 8 ties, 6 pairs of pants, and 4 dress shirts. how many days could he possibly gowithout wearing the same combination of these three items?

9 times (30+7=(9 times _)+(9 times 7)[tex]9 \times (30 + 7) = (9 \times [/tex]

Where and why did the French settle in North America

BEST ANSWER GETS BRAINLIEST!!!!!!!!!!! PLEASE HELP ASAP!!!!!!!!!! Write an expression using fractions to show how to determine the amount that each person will