A customer has a credit card that charges 18% simple interest every year. How much interest will the customer save
by paying off a credit card debt of $5,000 at the end of 1 year instead of at the end of 3 years?

A Customer Has A Credit Card That Charges 18% Simple Interest Every Year. How Much Interest Will The

Answers

Answer 1

The customer will save interest by paying off a credit debt is $1,800 at the end of 1 year instead of at the end of 3 years

What is simple interest?

Simple interest is the concept that is used in many companies such as banking, finance, automobile, and so on.

A customer has a credit card that charges 18% simple interest every year.

The customer saves by paying off a credit card debt of $5,000 at the end of 1 year instead of at the end of 3 years.

Interest for three years will be

[tex]\rm A_3 = \dfrac{PRT}{100}\\\\\\A_3= \dfrac{5000*18*3}{100}\\\\\\A_3= 2700[/tex]

Interest for one year will be

[tex]\rm A_1 = \dfrac{PRT}{100}\\\\\\A_1= \dfrac{5000*18*1}{100}\\\\\\A_1= 900[/tex]

The saved amount will be

A = A₃ - A₁

A = 2700 - 900

A = 1800

The customer will save interest by paying off a credit debt is $1,800 at the end of 1 year instead of at the end of 3 years

More about the simple interest link is given below.

https://brainly.com/question/2793278


Related Questions

Im in desperate need of help

I need help with Just ONE question in math specifically 8th grade pls help.

Answers

I don’t see a problem but repost it and I can see if I know it

Covert the equations from standard form to slope intercept form y=-3 and x=-6

Answers

Answer:

y = -3x + 0

and

y = -6x + 0

Step-by-step explanation:

I think this is correct we're currently working on slope in my class.

Which type of transformation is shown?
T
s
S'
R
R'
T'
Q'
a
b
С О СО
reflection
rotation
dilation
translation
с

Answers

Answer:

Looks like rotation to me‍♀️

Reflection

If you flip the top rectangle over downwards, the results you would get will be the same as the rectangle shown underneath.
The Q and R would switch places, and T & S would switch places.

Think about the reflection of your hands. (I don’t know if you could see that emoji... if you can’t, just place your hands side ways. It’s a reflection of one another)

Consider the rectangle.
4
x+1
-
Which pair of expressions represents the area of the rectangle?
O 2(x + 1) + 2 (4) and 2x +9
O 2(x + 1) +2 (4) and 2x + 10
O 4(x + 1) and 4x + 1
O 4(x + 1) and 4x + 4

Answers

Answer:

[tex] \boxed{ \underline{ \underline { \bold{ \tt{4(x + 1) \: and \: 4x + 4}}}}}[/tex]

☯[tex] \underline{ \underline{ \text{Question}}} : [/tex]

☥ Which pair of expressions represents the area of the rectangle?

☐ 2(x + 1) + 2 (4) and 2x +9

☐ 2(x + 1) +2 (4) and 2x + 10

☐ 4(x + 1) and 4x + 1

☑ 4(x + 1) and 4x + 4

☪ [tex] \underline{ \text{Given :}}[/tex]

Length of a rectangle ( L ) = 4Breadth of a rectangle ( B ) = x + 1

☪ [tex] \underline{ \text{To \: Find} : }[/tex]

Pair of expressions which represents the area of the given rectangle

☪ [tex] \underline{ \text{Solution}} : [/tex]

❀ [tex] \underline{ \boxed{ \sf{Area \: of \: a \: rectangle = length \times breadth}}}[/tex]

↦ [tex] \sf{4 \times (x + 1)}[/tex]

↦ [tex] \boxed{ \sf{4(x + 1)}}[/tex]

Also , In 4 ( x + 1 ) , if we distribute 4 through the parentheses , it would be 4*x + 4*1 = [tex] \boxed{ \sf{4x + 4}}[/tex].

Hence , the right answer is of last option { i.e  4 ( x + 1 ) and 4x + 4 } .

And we're done !

Hope I helped!!

♡ Have a wonderful day / night ツ

~ [tex] \text{TheAnimeGirl}[/tex] ♪

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list the points in a graph of f where f(x)= -2

equations is f(x)= 3x²-x-2​

Answers

Answer:

(0,-2), (1/3,-2)

Step-by-step explanation:

F. The relationship between x and y is not a straight line.
Does anyone know the answer??

Answers

Answer:

[tex]y=\frac{1}{3}x-1[/tex]

As the line equation represents a straight line, so the relationship between x and y is a straight line.

Therefore, option E is true.

Step-by-step explanation:

Taking two points from the given line

(3, 0)(-3, -2)

Finding the slope between two points

[tex]\mathrm{Slope}=\frac{y_2-y_1}{x_2-x_1}[/tex]

[tex]\left(x_1,\:y_1\right)=\left(3,\:0\right),\:\left(x_2,\:y_2\right)=\left(-3,\:-2\right)[/tex]

[tex]m=\frac{-2-0}{-3-3}[/tex]

[tex]m=\frac{1}{3}[/tex]

From the graph, the y-intercept can be calculated by setting the x=0 and then check the corresponding value of y.

at x = 0, y=-1

Thus, the y-intercept = -1

We know that the slope-intercept form is

[tex]y=mx+b[/tex]

where m is the slope, and b is the y-intercept

substituting the values of m=1/3 and the y-intercept b = -1

[tex]y=mx+b[/tex]

[tex]y=\frac{1}{3}x+\left(-1\right)[/tex]

[tex]y=\frac{1}{3}x-1[/tex]

As the line equation represents a straight line, so the relationship between x and y is a straight line.

Therefore, option E is true.

PLEASE HELP ASAP. Find x.

Answers

Answer:

2.98

Step-by-step explanation:

Answer:

x = 2.26

Step-by-step explanation:

Juan paid $42 in taxi fare from the hotel to the airport. The cab charged a $7 initial fee plus $2.50 for each additional mile. How many miles was it from the hotel to the airport?

Answers

Answer:

It was 14 miles from the hotel to the airport.

Step-by-step explanation:

From the information given, the taxi fair is equal to the initial fee plus the result of multiplying the price per mile for the number of miles, which is:

t=7+2.50x, where:

t is the taxi fair

x is the number of miles

Now, you can replace t with 42  and solve for x to find the miles:

42=7+2.50x

42-7=2.50x

35=2.50x

x=35/2.50

x=14

According to this, the answer is that it was 14 miles from the hotel to the airport.

In a 3 digit number, the tens digit equals to the sum of the hundreds digit and the units digit. The hundreds digit of this number is 3 more than the units digit. If the digits were reserved, the new number is 11 less than half of the original number. Find the original number. Brainly

Answers

Answer:

The original number is 572.

Step-by-step explanation:

Let the 3 digit number by xyz.

Where x is the hundreds digit, y is the tens digit and z is the units digit.

Hence, the digit is (100x + 10y + z).

From the question, the tens digit equals to the sum of the hundreds digit and the units digit.

That is,

y = x + z ...... (1)

Also, from the question, the hundreds digit of this number is 3 more than the units digit.

That is,

x = z + 3 ...... (2)

Also, from the question, If the digits were reserved, the new number is 11 less than half of the original number

If the digit were reversed, that is xyz becomes zyx. Then, the new number is (100z + 10y + x).

the new number is 11 less than half of the original number

That is,

(100z + 10y + x) + 11 = 1/2(100x + 10y + z)

This becomes

200z + 20y + 2x + 22 = 100x + 10y + z

200z - z +20y -10y +2x - 100x = -22

199z + 10y -98x = -22 ...... (3)

Solving the equations simultaneously,

Put the value of x in equation (2) into equation (1)

x = z + 3 ...... (2)

y = x + z ...... (1)

That is,

y = (z+3) + z

y = 2z + 3 ...... (4)

Put the value of y in equation (4) into equation (3)

199z + 10y -98x = -22

199z + 10(2z +3) -98x = -22

199z + 20z + 30 -98x = -22

219z -98x = -22-30

219z -98x = -52 ...... (6)

Put the value of x in equation (2) into equation (6)

219z -98(z+3) = -52

219z -98z -294 = -52

121z = -52 + 294

121z= 242

z = 242/121

∴ z = 2

Put the value of z into equation (2)

x = z + 3

x = 2 + 3

∴ x = 5

Put the values of z and x into equation (1)

y = x + z

y = 5 + 2

∴ y = 7

Hence, x = 5, y = 7 and z = 2.

Recall that the original number is 100x + 10y + z.

100x + 10y + z = 100(5) + 10(7) +2 = 500 + 70 + 2 = 572

Hence, the original number is 572.

HELP MEEE!
7th grade mathhhh

Answers

Answer: Its C

Step-by-step explanation:

Since 2/3 and 1/5 are smaller than 1 but bigger than 0 they will be in between 0 and 1.

2/3 is closer to 1 and 1/5 is closer to 0

−2−(−4)−2 i need help pls

Answers

Answer:

0

Step-by-step explanation:

−2−(−4)−2

=2−2

=0

Answer:

Step-by-step explanation:

-2 - (-4) - 2   = -2 + 4 - 2

                    = -4 + 4

                   = 0

Hint : -(-4) = 4

PLEASE ANSWER THESE FOR GOD SAKE IF YOU DONT KNOW THEN DONT ANSWER PLEASE. Giving up all my points.... I only had 28

Answers

Answer:

d. y=2x-8

b. y=3/4x-1 & y=-4/3x+9

Step-by-step explanation:

I used desmos and put in all of the answer options to see which one worked the best.

In the figure below, determine the perimeter of triangle EFG

Answers

Answer:

82 units

Step-by-step explanation:

From the image, we can see that the 2 triangles are similar triangles.

Thus:

BC = EF

BD = EG

CD = FG

Now, BD = 4x - 9 and EG = 2x + 15

Thus;

4x - 9 = 2x + 15

4x - 2x = 15 + 9

2x = 24

x = 24/2

x = 12

Thus, in triangle EFG where EG = 2x + 15, then EG = 2(12) + 15 = 39

Also, EF = BC = 17

FG = 26

Thus, perimeter of triangle EFG is;

P = 26 + 17 + 39

P = 82 units

A mini toy helicopter ascends 50 feet vertically, then flies horizontally 200 feet. Find the angle of elevation to the helicopter now as seen by an observer at the takeoff point.

Answers

Answer:

the answer is 250

Step-by-step explanation:

Answer:

10.036

Step-by-step explanation:

Remark

Draw a triangle starting with a vertical line that goes from (0,0) to (0,50).

At the point (0,50) draw a horizontal line to (200,50)

Join the point (200,50) to (0,0)

What you have is an upside down right triangle. At the point (200,50) your job is to find the angle at the vertex point.

That angle is the same as the angle of elevation.

The horizontal line is 200 feet.

The vertical line is 50 feet

Formula

Tan(angle elevation) = o/a = 50/200 = 1/4 = 0.25

Solution

tan-1(0.25) = 14.036

Conclusion

The reason you use the top angle is because you only need to do one calculation. It gives the angle of elevation because the x axis and the 200 feet are parallel. The angles are in a z formation.  so the angle you found and the angle of elevation are the 2 angles defined by the z.

Ian's monthly allowance is $21. In January he starts saving for a birthday gift in June. Each month he saves of his allowance. The gift he wants to buy costs $110. Will Ian have enough money? Explain.

Answers

Answer:

Ian will have enough money to buy the gift

Step-by-step explanation:

Step one:

given

monthly allowance= $21

from January to June= 6 months

total savings = 21*6= $126

cost of gift = $110

Step two:

Ian will have enough money to buy the gift

since he saved $126 which is greater than the cost of the gift of $110

he would have a balance of $16

Which expression is equivalent to -3(4x - 0.50)?

A. -12x - 1.50
B. -12x + 1.50
C. -12x - 2.50
D. -12x - 3.50

Answers

Answer:

It's the B

Step-by-step explanation:

Multiply - 3 by 4x = - 12x

Multiply - 3 by - 0.5 = 1.5

Hope this helps, have a good day

what is the value of m in the following equation?
104=13m

Answers

The value of m is 8
104/13=8
104=13(8)

who was the president before obama

Answers

The president before Obama was George W. Bush

HELP ME PLEASE DON’T STEEL MY POINT

Answers

Make the 2x a fraction so it’s 2/1x then start at -5y then go up 2 and over 1 to get your answer hope that helped

Evaluate the following for f(-2)
F(x)=3x+2

Answers

Answer:

f(-2) = -4

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Function Notation

Step-by-step explanation:

Step 1: Define

f(x) = 3x + 2

f(-2) is x = -2

Step 2: Evaluate

Substitute in x:                    f(-2) = 3(-2) + 2Multiply:                               f(-2) = -6 + 2Add:                                     f(-2) = -4

Answer    4

Step-by-step explanation:

3(-2)= -6

-6+2= -4

CAN SOMEONE PLEASE HELP ME THIS TEST WAS DUE 2 DAYS AGO I ONLY GOT 10 MIN LEFT AND IM ONLY ON QUESTION 2 HELPPPP!

Answers

Answer:

The amount of water draining at a rate of 2.5 gallons per minute. I hope you do good on your test good luck! :)))

Step-by-step explanation:

Write the equation y = mx + b of a line given two points.
Ex 1.(3,3) and (4,-2)
Ex 2. (4,1) and (6,2)

Answers

Answer:

Ex 1. y= -5.00x + 18.00   Ex 2. y= 0.50x + -1.00

Step-by-step explanation:

(results are in decimal form, rounded to the nearest 100th)

FIND THE SLOPE of the line that passes through the points (1,-19) and (-2,-7). You do not need to write the whole equation

Answers

Answer:

Slope is -12

Step-by-step explanation:

change of y/change of x = -12

Answer:

-4

Step-by-step explanation:

(-19 + 7)/(1 + 2) = -12/3 = -4

Jenny made 520 walnut biscuits. This is 40% of the total number of biscuits that she made. How many biscuits did she make in all?

Answers

she made 1300 biscuits

The perimeter of the picture is
36 inches. What is the height of
the picture?
Х
8 inches

Answers

Answer:

x = 10 inches

Step-by-step explanation:

P = 2 x (L + W)

36 inches = 2 x (8 + W)

36 = 16 + 2W

2W = 20

W = 10 inches

Find the missing side-geometry!!

Answers

Answer:

12cm

Step-by-step explanation:

pythagorean theorem!

a^2 + b^2 = c^2

7^2 + b^2 = 13^2

49 + b^2 = 169

49 - 49 + b^2 = 169 - 49 (whatever you do to one side, you do to the other side)

b^2 = 147 (square root)

= 12cm

What are the four quadrants for graphing ???????


Plsssssssssssssss help me

Answers

Answer: its in the pic

Step-by-step explanation:

Answer:

for a straight line graph,pick two points on the graph - The gradient of the line =(change in y-coordinate)/change in x-coordinate)You can,also use dis to find the equation of the line Since the line crosses the y-axis when y=3 , the equation of the graph is y=1/2x +3

[tex]I need help can someone help? I’m really stuck and it’s so really soon! I need to show my work[/tex]

Answers

The pictures are blurry I can’t see anything

Algebra question

What is the solution to the following system?


(3, 1, 0)
(0, 1, 0)
(2, 1, 0)
(–2, 1, 0)

Answers

Answer:

C.(2,1,0)

Step-by-step explanation:

on edg

The solution to the following system is [tex](2,1,0)[/tex].

What is Algebra?

Algebra is defined as the study of mathematical symbols and in which letters and symbols are used to represent numbers.

We have,

[tex]3x+3y+6z=9[/tex]    [tex](i)[/tex]

[tex]x+3y+2z=5[/tex]    [tex](ii)[/tex]

[tex]3x+12y+12z=18[/tex]  [tex](iii)[/tex]

To find the solution to the above give algebraic equations,

We have to find values of [tex]x,y,z[/tex].

So,

We will be putting [tex]z=0[/tex] in equation [tex](i)[/tex],

[tex]3x+3y+6(0)=9[/tex]

[tex]3x+3y=9[/tex]    [tex](iv)[/tex]

Now,

We will be putting [tex]z=0[/tex] in equation [tex](ii)[/tex],

[tex]x+3y+2(0)=5[/tex]

[tex]x+3y=5[/tex]  

[tex]x=5-3y[/tex]    [tex](v)[/tex]

Using equation [tex](iv)[/tex] & [tex](v)[/tex],

We get,

[tex]3(5-3y) +3y=9[/tex]

[tex]15-9y+3y=9[/tex]

[tex]-6y=-6[/tex]

[tex]y=1[/tex],

Now we have value of  [tex]y=1[/tex], putting this value in equation  [tex](v)[/tex],

[tex]x=5-3(1)[/tex]

[tex]x=2[/tex],

Hence, we can say that option [tex](2,1,0)[/tex] is the correct answer.

To learn more about algebra click here

https://brainly.com/question/953809

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8 True or False: The substitution method is a method of solving systems of equations by adding equations together in such a way that the variables are set aside, one by one.

Answers

Answer: I personally think it's true but I am not for sure

Step-by-step explanation:

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