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Jared’s average daily balance for last month was $560. The finance charge was $8.12.

a. What was the monthly percentage rate?
b. What was the APR?

Answers

Answer 1

Answer:

A) monthly percentage rate = 1.45%

B) APR = 17.4%

Answer 2

The monthly percentage rate was 1.45 % and the annual percentage rate was 17.4%.

What is the percentage?

The percentage is defined as a ratio expressed as a fraction of 100.

We have been given that Jared’s average daily balance for last month was $560. The finance charge was $8.12.

We have to determine the monthly percentage rate.

The monthly percentage rate is the percentage ratio of the finance charge to the average daily balance.

The monthly percentage rate = finance charge / average daily balance

The monthly percentage rate = $8.12 / $560 × 100

The monthly percentage rate = 0.0145 × 100

The monthly percentage rate = 1.45 %

The Annual percentage rate = 12 × monthly percentage rate

The Annual percentage rate = 12 × 1.45 %

The Annual percentage rate = 17.4 %

Therefore, the monthly percentage rate was 1.45 % and the annual percentage rate was 17.4%.

Learn more about the percentages here:

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Related Questions

What is the average rate of change of the function f(x)=4x^2+3x on the interval [1,5]

Answers

Answer:

7, though I don't know if it's 100% correct. I tried to help.

Step-by-step explanation:

f(x) = 4x^2 + 3x interval [1,5]

f(1) = 4(1)^2 + 3(1)

f(1) = 4 + 3

f(1) = 7

Answer:

[tex]\boxed {\boxed {\sf 27}}[/tex]

Step-by-step explanation:

The average rate of change is the change in the output from one input to another. Essentially, it is the change in y over the change in x.

[tex]\frac {\Delta y}{\Delta x} = \frac { f (x_2)- f(x_1) }{x_2-x_1}[/tex]

Let's assign 1 to x₁ and 5 to x₂.

[tex]\frac {f(5)-f(1)}{5-1}[/tex]

We must find the outputs f(5) and f(1). Substitute the value in for each x in the function.

f(x)= 4x² + 3x

f(5) = 4(5)² + 3(5) f(5)= 4(25) + 15 f(5) = 100 + 15 =115

f(1)= 4(1)² + 3(1) f(1)= 4(1) + 3 f(1)= 4+ 3 =7

Now we can find the average rate of change. We know the outputs and we know the inputs.

[tex]\frac {f(5)-f(1)}{5-1}[/tex]

[tex]\frac {115 -7}{5-1}[/tex]

[tex]\frac {108}{4}[/tex]

[tex]27[/tex]

The average of change of the function f(x) = 4x² + 3x on the interval [1,5] is 27.

evalute ½(7-3)-(4-10)​

Answers

Answer:

8

Step-by-step explanation:

1/2(4)-(-6)                  BODMAS method

2-(-6)

2+6

8

answer is 8, use the pemdas method

Find the value of x in each case

Answers

Answer:

Step-by-step explanation:

∠AEB + ∠FEC = 180   {linear pair}

∠AEB = 180 - 4x

DE // AB , AE is transversal,

∠EAB = ∠DEA   {Alternate interior angles}

∠EAB = 2x

∠EBC = ∠AEB + ∠EAB  {Exterior angle property}

    6x  =  180 - 4x + 2x

    6x = 180 - 2x

Add 2x to both sides

6x + 2x = 180

8x = 180

x = 180/8

x = 22.5

Write the given equation of a line that passes through the given point (-2,-1) and (0,-5)

Answers

Step-by-step explanation:

2x+y+5=0 is the required equation of the line

what is the degree measure of the missing angle? 84 34 114 24​

Answers

Answer:

24°

Step-by-step explanation:

We are given that m∠EFG is a right angle, and that m∠EFH = 66°

m∠EFH + m∠HFG = m∠EFG

Substitute values and solve.

66 + m∠HFG = 90

m∠HFG = 24°

hihii who knows the answer to this question??

Answers

X times 2+11
Explaination me smart

Part A

x = some unknown number

2x = doubling that number

2x+11 = adding on eleven

Answer:   2x+11 = 25

=============================================================

Part B

If we knew what x was, then we can compute 2x+11 using the order of operations PEMDAS. Because x is unknown, we follow PEMDAS in reverse to isolate x.

So we'll undo the addition first by subtracting 11 from both sides. Then we undo the multiplication by dividing both sides by 2.

2x+11 = 25

2x+11-11 = 25-11 ..... subtract 11 from both sides

2x = 14

2x/2 = 14/2 ...... divide both sides by 2

x = 7

The number the person thought of was 7. Double 7 to get 14. Add on eleven to get 14+11 = 25.

Answer:  x = 7

Which of the following equations is steeper?
y=-2x+1
y=-5/4x+7
y=x-1
y=5x-1

Answers

Answer:

Option 4: y = 5x - 1

Step-by-step explanation:

The slope, or rate of change, represents the ratio of the vertical change (in y) to the horizontal change (in x) of points along the line. Thus, the slope is a means of measuring the steepness of a given line.

Generally speaking, slopes with higher values tend to have steeper lines.

Compare the slopes:

In comparing the slopes of the given options:

Option 1: slope = -2

Option 2: [tex]\LARGE\mathsf{slope = -\frac {5}{4}}[/tex] or 1.25

Option 3: slope = 1

Option 4: slope = 5

 

Option 4 has the highest slope of 5. Therefore, the graph of y = 5x - 1 has the steepest line.  

Attached is the graphed equations to prove that the graph of the equation in Option 4 has the steepest line.    

write a recursive formula for this sequence

2.3, 2.8, 3.3, 3.8, ...

Answers

Answer: 2.3

Step-by-step explanation: 3.8-3.3 =3.3-2.8=2.8-2.3=0.5 (common difference)of arithmetic sequence

a recursive formula for the sequence is : An+1=An +0.5

Write an equation representing how much Tristan paid.

After Gwen, Tristan, and Keith finish exercising, they go to the fair. At the fair, they each pay the entry fee and also buy tickets they can use for food or rides. Gwen pays the entry fee and buys 10 tickets. It costs her a total of $30. Tristan pays the entry fee and buys 15 tickets. It costs him a total of $40. Keith pays the entry fee and buys 10 tickets. It costs him a total of $30. In this task, you will create a system of equations and find the cost of each ticket. Let x represent the entry fee and y represent the cost of each ticket in dollars.

Answers

Answer:

These are the equations

Step-by-step explanation:

Gwen's equation =   x + 10y = 30

Tristan's equation=  x + 15y = 40

Keith's equation =  x + 10y = 30

Substance A has 2% alcohol mixture, and substance B has 6% alcohol mixture. To mix substance A and B for a capacity of 60 liters with 3.2% alcohol mixture, how many liters of substance A and B are used each?

Answers

Answer:

18 liters of 6% substance B

42 liters of 2% substance A

Step-by-step explanation:

let x be the liters of 6%, the balance of 60 - x liters is the 2% together they make 60 liters of 3.2%

6x + 2(60 - x) = 3.2(60)

distribute

6x + 120 - 2x = 192

Combine like terms

4x = 72

Divide bothsides by 4

x = 18 liters of 6%

60 - x = 42 liters of 2%

Arrange the following in ascending order b) 3.14, 31.4, 0.314, 3 2/4, 3.141
c) 2.0867, 0.28677, 28.067, 0.2867, 2.867

Answers

Step-by-step explanation:

b) 3.14, 31.4, 0.314, 3 2/4, 3.141

3.14, 31.4, 0.314, 3.5, 3.141

0.314, 3.14, 3.141, 3.5, 31.4

PLEASE MARK ME AS BRAINLIST

18 is 120 percent of what number​

Answers

Answer:

18 is 120 percent of 15

Step-by-step explanation:

100/120 = 15

15/100, which means that 18/120 as a percentage is 15%.

hope this helps :)

a polygon has a interior angle 172
find the number of sides of this polygon

Answers

Answer:

45 sides

Step-by-step explanation:

exterior angle + interior angle = 180° , that is

exterior angle + 172° = 180° ( subtract 172° from both sides )

exterior angle = 8°

The sum of the exterior angles of a polygon = 360°

To find the number of sides n , divide 360° by 8°

n = 360° ÷ 8° = 45

Answer:

45 sides

Step-by-step explanation:

If each of the interior angles is 172 degrees, then each of the exterior angles is 8 degrees. Since the sum of the exterior angles of any polygon is 360 degrees, there are 360 / 8 = 45 exterior angles and 45 sides

How do i find the slope-intercept form for 6x=8y+10

Answers

Answer:

y = 3/4x - 5/4

Step-by-step explanation:

6x=8y+10

Well you must first get your equation set up into the form called "Slope intercept."

6x=8y+10

Add 8y on both of your sides because your y is suppose to be alone.

8y + 6x = 10

Subtract 6x on both sides since it is in fact the opposite of addition.

8y = 6x + 10

Now, you will divide by 8 on both sides. When doing this your y will be alone.

y= 6/8x + 10/8

Note: You can leave it like this but you want to probably simplify.

y = 3/4x + 5/2

      or

y = 3/4x - 5/4

(Hope this helps can I pls have brainlist (crown)☺️)

40. If f(x) = -3x + 7 and g(x) = -7x+3, what is the value of f(-3) - g(3)?

Answers

Answer:

34

Step-by-step explanation:

f(-3) = -3(-3) +7

f(-3) = 16

g(3) = -7(3) +3

g(3)= -18

16 -(-18) = 34

Answer:

34

Step-by-step explanation:

f(x) = -3x + 7

f(-3) = -3(-3) + 7

= 9 + 7 (two negatives make a positive)

= 16

g(x) = -7x + 3

g(3) = -7(3) + 3

= -21 + 3

= -18

16 - (-18)

16 + 18 (two negatives make a positive

= 34

Hope this helps!

What is the quotient of 4/5 divided by 1/3?
:

Answers

Answer:

2.4

Step-by-step explanation:

4/5 / 1/3

4/5 x 3/1

4/5x3/x1 = 12/5

22/5

12/5 = 2.4

(y=x-4
(y=-2x+5 ................................................................

Answers

I don’t know the answer

Answer:

y= -1, x=3

Step-by-step explanation:

2x+y=5

x-y =4

x= 4+y

Sub 1 into 3

2( 4+y ) 4y =5

8+2y +y =5

8+3y =5

3y =5-8

3y =-3

y=-3÷3

y = -1 #

Sub y = -1 into 3 equation

x=4+(-1)

x=3 #

How do you solve this and find x?

Answers

Answer:

fraction form

x= 2 + ln(30)/ln(7)

decimal form

x= 3.74786969

Step-by-step explanation:

What I like to call the logarithmic equation solver.

Bring it down turn it around.

First bring down the 7 to a ㏒7 and the x-2 so that ㏒7(x-2)=30

Then change the constants from on another so then it would look like

㏒7(30)=x-2

solve for x

to solve do the log base finder equation ㏒(30)/ln(7)

and add 2

X is 3.748

To accomplish this task you have to take the logarithm of both sides of the equation to remove the variable from the exponent.

ln(30)/ln(7)+2

ln(30)=3.401

ln(7)=1.946

3.401/1.946=1.7476

1.7476+2=3.748 after considering all extra decimal places to the closest thousandth.

easy one for you folks.​

Answers

Answer:

2/5

Step-by-step explanation:

Six out of 15 are full.

[tex]\dfrac{6}{15}=\dfrac{2*3}{5*3}=\dfrac{2}{5}[/tex]

4y-10+3.14=180
value of y

Answers

Answer:

The value of y is 46.715

Step-by-step explanation:

4y-10+3.14 = 180

4y = 180 + 10 - 3.14

4y = 186.86

4y ÷ 4 = 186.86 ÷ 4

y = 46.715

16. Colton has a $6 credit balance on his credit card. He uses the credit card to
pay $9 for lunch. Use the number line to subtract $9 from Colton's credit
balance, and complete the equation.
ucation
6
8
10
12
14
text: Oppo...
16

Answers

Answer:

He uses the credit card to pay $9 for lunch. Use the number line to subtract $9 from Colton's credit balance, and complete the equation. ucation

Step-by-step explanation:

A pool is being filled at the rate of 66 gallons per hour. ?hours = 22gallons 1.5hours = ?gallons

Answers

Answer:

1/3 hours : 22 gallons

1.5 hours : 99 gallons

Step-by-step explanation:

set a proportion fo all of them

x hours : 22 gallons:

66 22

--- = ---

60 x

22/66 = 0.3333333333333 x 60

= 20 and convert to fraction

20/60 simplified is 1/3

1.5 hours : x gallons

66 x

-- = ---

1 1.5

1.5 / 1 = 1.5

1.5 x 66 = 99

x = 99

Candace is considering trying the Spice Tea. What is the greatest number of 1-pound bags of Dark Roast coffee she can buy with
$52, if she also buys 0.5 pound of the Spice Tea and 2 pounds of the Morning Blend coffee?

Answers

Answer:

Step-by-step explanation:

69

how can i Find the volume of the following cylinder that the Radius of 1 cm Height of 8 cm

Answers

Answer:

Okay first you need to use the formula: V=[tex]\pi r^{2} *h[/tex]

All you need to do is plug in those numbers.

Like this: V= [tex]\pi *1^{2}*8[/tex]

which is = 25.13 [tex]cm^{3}[/tex]

Ta-da!! lol. Have a great day!

Find the 75th term of the arithmetic sequence -21, -10, 1

Answers

Answer:

793

Step-by-step explanation:

Arithmetic sequences are basically linear equations, so as input increase by one output always increases by the same amount. In sequences this is called common difference. To find it, just subtract one term by the term right before it.

So, -10--21=11 and also 1--10=11

so common difference is 11

now we will use the formula Asubn=Asub1+d(n-1)

D is Common difference and n is the term you're solving for. The n-1 is a result of the first term being in the formula. When one is plugged into n-1 you get zero and then multiply d by zero and you get zero and are left with Asub1

Anyways, Asub75=-21+11(75-1)=793

ummmm help me cause i am the queen ya know

Answers

Answer:

80 square units

Step-by-step explanation:

I am in a rush so this might not be right but probably is

The length of the base of an isosceles triangle is x. The length of a leg is 4x - 7. The perimeter of the triangle is 31. Find x.

Answers

Answer:

x= 5

Step-by-step explanation:

am isosceles triangle has 2 sides equal i.e the legs.

Noah’s recipe for one batch of sparkling orange juice uses 4 liters of orange juice and 5 liters of soda water. If someone uses 400 liters of orange juice, how much soda water would they need? And how many batches would that make?

Answers

Answer:

They would need 500 liters of soda water and this would make 100 batches of the sparkling orange juice.

Step-by-step explanation:

hope this helps. . . <3

good luck!    uωu

Answer:

500 soda water, 100 batches, just a guess so sorry if im wrong

Step-by-step explanation:

solve for k 5k-2=2k+4

Answers

Answer:

k = 2

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Equality Properties

Multiplication Property of Equality Division Property of Equality Addition Property of Equality Subtraction Property of Equality

Terms/Coefficients

Step-by-step explanation:

Step 1: Define

Identify.

5k - 2 = 2k + 4

Step 2: Solve for k

[Subtraction Property of Equality] Subtract 2k on both sides:                      3k - 2 = 4[Addition Property of Equality] Add 2 on both sides:                                    3k = 6[Division Property of Equality] Divide 3 on both sides:                                  k = 2

Answer:

k=2

Step-by-step explanation:

5k-2=2k+4

add 2 to both sides

5k=2k+6

subtract 2k to both sides

3k=6

divide both 3k and 6 by 3 to get k by itself

k=2

I need help..............

Answers

Answer: Choice D

Explanation:

The commutative property of addition is A+B = B+A. We can add two numbers in any order. For example: 2+3 = 3+2 since both sides result in 5.

The idea applies to fractions as well. In choice D, the fractions 3/5 and 2/3 swap places so that we can group the 1/3 and 2/3. From there, the 1/3 and 2/3 combine to 1 and that's how we end up with the mixed number 1 & 3/5.

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