BrookLPrescott9249 BrookLPrescott9249
  • 19-04-2019
  • Spanish
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?

Respuesta :

yinazhou008 yinazhou008
  • 19-04-2019

i believe that the answer is 50 dollars in one month

Answer Link
Littlebunnyfufu1234 Littlebunnyfufu1234
  • 19-05-2019

Answer:

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

Explanation:

Answer Link

Otras preguntas

20cm cake serves 12 people costs 13.50 per cake and 25cm cake serves 20 people costs 18.75 . There will be 57 guests and want to make sure everyone gets a slice
Romeo and Juliet afeter church what next
the dna sequence reads ACGTTCATT before a mutation, the dna sequence reads ATCGTTCATT. which type of mutations occured
"If I wanted a princess, I'd come and take her, in my own time. But I don't. What do you suppose I'd do with her if I had her?" Which character says these wor
Usted juega muy bien _______ juegos de mesa.
Why were some against maya lin’s design of the vietnam veterans memorial?
which tag/code do you alwaysstart aweb page with
questions in spanish please
Why was the battle of Stalingrad seen as a turning point in the war?
Without using paper and pencil, how would you find the sum of 23 and 37?