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

How did allies hide from Germans D-day invasion plan?
jessicas shoebox is 20 centimeters long and 10 centimeters wide. how many more millimeters is the length of the shoebox than the width
If (3+y)/y=7, then y= Please help :)
The copper wire and bulb is connected in a series with 220 V electric supply. Why only an electric bulb glows where as the copper wire remains the same.Give REA
How did allies hide from Germans D-day invasion plan?
I am two numbers, the sum of my numbers is 100, the difference between my two numbers is 30,
who decided the election of 1800 and why ?
what is greater 0.7 or 7/9?
Wanda, the Channel 1 weather person, said there was a 30% chance of rain on Saturday and a 30% chance of rain on Sunday. Should Wanda be fired? HELP PLEASE
How far away is Canopus in kilometres?