Since the card has $0 minimum payments for the first 4 years it is active, Emma wonders how much it will cost her if she
doesn't pay off the $300 balance until after college. How much will she owe in 4 years?
Type the correct response in the box. Use numerals instead of words. Round your answer to the nearest dollar.
In 4 years, Emma will owe about $

Answers

Answer 1

Answer:

$544.61

Step-by-step explanation:

Edmentum

Answer 2

In 4 years, Emma will owe about $544.61 to the credit card company.

The model for Emma's debt in 4 years is given as:

FV = P(1+r/n)^nt,

where:

P = principal ($300)

r = the interest rate (15%)

t = the time in years (4 years)

n = the number of times the interest is compounded per year (12)

However, we can solve the problem with an online financial calculator as follows:

Data and Calculations:

N (# of periods) = 48 (4 x 12 months)

I/Y (Interest per year) = 15%

PV (Present Value) = $300

PMT (Periodic Payment) = $0

P/Y (# of periods per year) = 12

C/Y (# of times interest compound per year) = 12

Results:

FV = $544.61

Total Interest = $244.61

Complete Question:

Emma doesn't have experience using credit cards. In fact, she just got her first one. She is also about to start her first year of college. She uses her new credit card to purchase textbooks for her classes. The total comes to $300. These are the terms of her credit card:

It has a 15% annual interest rate.The interest is compounded monthly.The card has $0 minimum payments for the first four years it is active.

Thus, in 4 years, Emma will owe $544.61 to the credit card company.

Learn more about determining future value from present value at https://brainly.com/question/24703884


Related Questions

Find the missing length

Answers

Step-by-step explanation:

In box, write 170.

Hope it helps.

Step-by-step explanation:

Hypotneuse²=Base²+Height²

C²=11²+7²

C²=121+49

C²= 170

C=√170

C=13.08

2 times a number is 12.
How do you right that in equation form

Answers

Answer:

2 * x = 12

Step-by-step explanation:

Answer:

2x = 12

Step-by-step explanation:

let the number be x then 2 times the number is 2x. so

2x = 12 ← in equation form

Between 8.5% and 9.4% of the city's population uses the municipal transit system daily. According to the latest census, the city's population is 785,000. How many people use the transit system daily?

Answers

A system of busses, railroads, etc, and it may move the wider populace along defined routes.It is used as a basic instrument in the modulation of transport systems, whether it covers an aircraft network or a railway network.It is much more frequent in current circumstances that already existing transport systems are rationalized.

Given:

City's population= 785,000.

Calculating of city's population:

[tex]\to \bold{785000 \cdot 8.5 \% = 785000 \cdot \frac{8.5}{100}=785000 \cdot \frac{\frac{85}{10}}{100}}[/tex]

Calculating the complex fraction:

[tex]\to \bold{\frac{\frac{85}{10}}{100}, \text{write as 100 like} \ \frac{100}{1}}[/tex]

[tex]\to \bold{785000 \cdot \frac{ \frac{85}{10}}{100}=785000 \cdot \frac{\frac{85}{10}}{\frac{100}{1}}=785000 \cdot \frac{85}{1000}=66725}[/tex]

Therefore, [tex]\bold{8.5\% \ of\ 785000\ is\ {66725}}[/tex]

Calculating [tex]\bold{9.4\%}[/tex] of the city's population:

[tex]\to \bold{9.4\% (\frac{9.4}{100})}:\\\\\to \bold{785000 \cdot 9.4\% = 785000 \cdot \frac{9.4}{100}=785000 \cdot \frac{\frac{64}{10}}{100}}[/tex]

Calculating the complex fraction:

[tex]\to \bold{ \frac{\frac{94}{10}}{100}\ \text{write 100 as} \ \frac{100}{1}}\\\\\to \bold{785000 \cdot \frac{\frac{94}{10}}{100}=785000 \cdot \frac{\frac{94}{10}}{\frac{100}{1}}=785000 \cdot \frac{94}{1000}=73790}\\\\[/tex]

Therefore, [tex]\bold{9.4\%\ of\ 785000\ is\ {73790}}[/tex]

So, the final answer is "Between 66725 and 73790 people use the transit system daily".

Learn more:

brainly.com/question/1806188

The sum of 9 and y is less than -21.

Translate the Sentences into an inequality​

Answers

Answer:

9 + y < 21

Step-by-step explanation:

               

Loretta placed 9 teaaspoons in each 2 bowls. Show many teaspoons did she use

Answers

answer:
18 teaspoons
explanation:

9 teaspoons x 2 bowls
( 9 x 2 )
= 18 teaspoons altogether

Paul joins a gym. He paid $50 as an initial fee and then pays $30 each month. Set up and solve an equation to find out how long has he been at the gym if he has paid $260

Answers

Answer:

the equation you would use: y = 30x + 50

(x= months)

(y= cost)

then you would plug in the cost, 260, for y to get

260 = 30x + 50 --> 7 months

Step-by-step explanation:

I got the equation from the slope intercept form y = mx +b.

The 30 is the m, or slope, because you end up paying the same amount every month. The b value would be the 50 that he initially pays because that never changes.

Since you're given the y-value of 260, you just plug it in to your new equation of y = 30x + 50 to solve for x.

when solving the equation with the plugged in numbers, (260 = 30x + 50) first subtract 50 from both sides to get 210 = 30x,

then divide by 30 on both sides (to keep the equations equal to each other and find x) --> you should get 7

Therefore, Paul has been at the gym seven months if he has paid $260.

What is the product of 3x+4 and 6x2−5x+7?

Answers

Answer:

7(x+1)

Step by step explanation:

6x*2-5x+7
Multiply the numbers
12x-5x+7
Collect like terms
7x+7
Factor out 7 from the expression
7(x+1)

I only know the second one sry

Write 4 2/5 as an improper fraction

Answers

22/5

Explanation-

First, multiply 4x5, Then you get the product 20. With that 20, add with 2, so, 20+2=22. Now, place denominator as it is, then write 22 as numerator. So you get the answer as 22/5.

Working-

4×5=20

→ 20+2=22

→ 22

22/5

WILL GIVE BRAINLIEST TO WHOEVER CAN EXPLAIN:
True or False-in scientific notation when you move the decimal point left is it positive.

Answers

Answer:

false.

Step-by-step explanation:

just cause you move a decimal point to the left dosent mean its positive.

Graph each system. Tell whether the system has no solution, one solution, or infinitely many solutions. y=2x-3 y=-x+3​

Answers

hope it is help full

Step-by-step explanation:

mark me a brainlist

contesteneme doy coronita y 25 puntos tambien 5 estrellas​

Answers

Answer:

4,8,12,16,20,24,28,32,36,40,44,48,52,56,60,64,68,72,76,80

It is angle measure please help

Answers

Opposite angles are equal

[tex]\\ \rm\longmapsto m+357=4m+6[/tex]

[tex]\\ \rm\longmapsto 357-6=4m-m[/tex]

[tex]\\ \rm\longmapsto 3m=351[/tex]

[tex]\\ \rm\longmapsto m=\dfrac{351}{3}[/tex]

[tex]\\ \rm\longmapsto m=117[/tex]

If you save 10 cents a day, how many days would it take to save a million cents?

Answers

Answer: 100,000

Step-by-step explanation: 1,000,000 divided by 10.

A quarterback is sacked for a loss of seven yards, then again for a loss two more
yards. He then completes an eighteen yard pass. Represent the team's overall gain
or loss as an integer.
Answer: yard:

Answers

Answer:

+9 yards

Step-by-step explanation:

Sacked for 7 then another 2 for a total of 9 yards.

Then he gains 18 yards.

18 - 9 = 9

Write a word problem that could be solved by the equation in problem 8 .
3 1/2 [tex]3 1/2 divided by 7/8= 7/2*8/7= 56/14 =4[/tex]

Answers

The word problem is " In a class there are 8 boys and these are 2/3rd parts of total students. How many students are there".

The given expression is 8÷2/3

We need write a word problem which is solved by the above expression.

Word problem : In a class there are 8 boys and these are 2/3rd parts of total students. How many students are there.

Solution

[tex]x[/tex]* × 2/3 =8

Divide both sides by 2/3.

x=8/2/3

x= 8×3 / 2

x= 12

Therefore, the total number of students is 12.

Is the expression 2•4 x equal to the expression 8x? Explain your answer

Answers

Answer : Yes

Step-by-step explanation:

Answer:

[tex]true[/tex]

Step-by-step explanation:

Simplify the expression:

[tex]2 \times 4x[/tex]

Multiply the monomials:

[tex]8x[/tex]

Check equivalency:

[tex] \frac{8x}{8x} [/tex]

Check equivalency:

[tex]true[/tex]

Create two equivalent ratios for 3/5

Answers

Answer:

its equivalents can be 3/5*2 =6/10 = > 6:103/5×2=6/10=>6:10

second equivalent is 3/5*3=9/15= > 9:153/5×3=9/15=>9:15

Answer:

30/50, 6/10, 15/25, 300/500

actually as a ratio it should be:

30:50 , 6 : 10, 15:25, 300:500

Step-by-step explanation:

4. Express the following rational number in its lowest form :
) − 60/72
) − 24/36
)91/364

Answers

Answer:

-60/72 = -5/6

-24/36 = -2/3

91/364 = 45/182

A)-5/6

B)-2/3

C)45/182

5(a-1)-15=3(a+2)+4 help

Answers

Answer:

a=15

Step-by-step explanation:

5(a−1)−15=3(a+2)+4

Use the distributive property to multiply 5 by a−1.

5a−5−15=3(a+2)+4

Subtract 15 from −5 to get −20.

5a−20=3(a+2)+4

Use the distributive property to multiply 3 by a+2.

5a−20=3a+6+4

Add 6 and 4 to get 10.

5a−20=3a+10

Subtract 3a from both sides.

5a−20−3a=10

Combine 5a and −3a to get 2a.

2a−20=10

Add 20 to both sides.

2a=10+20

Add 10 and 20 to get 30.

2a=30

Divide both sides by 2.

a=230

Divide 30 by 2 to get 15.

a=15

In a sample of 169 students, 16 said they donated blood. What percent of students have donated blood?

Answers

Answer:

9/79/169%

Step-by-step explanation:

16/169×100%=9/79/169%

f(x) = 1/x; Find f (1/10)​

Answers

Answer:

f(1/10)=10

Step-by-step explanation:

f(x) = 1/x

f (1/10)​=1/(1/10)=1·(10/1)=10

10a²+3b-5a-a²+5b; a=-3 b=5

Answers

10a^2+3b-5a-a^2+5b; a=-3 b=5
Determine the sign
Multiply
Evacuate

10 * 3^2+15+15-9+25
Evaluate

10 * 9+15+15 -9+25
Multiply

90+15+15-9+25
Calculate it

Answer: 136

Answer:

136

Step-by-step explanation:

Substitute the values for the variables.

[tex]10(-3)^2+3(5)-5(-3)-(-3)^2+5(5)\\\\90+15+15-9+25\\\\136[/tex]

Can some one help mẹ pls....

Answers

Answer:

h(2) or h(g(4)) = -28

Step-by-step explanation:

g(t) = t - 2,

g(4) = 4 - 2,

g(4) = 2

h(t) = -3t³ - 2t,

h(2) = -3(2)³ - 2(2),

h(2) = -24 - 4,

h(2) or h(g(4)) = -28

PLEASE HELP GIVIBG BRAINIEST AWNSER WORTH 32 POINTS





A cell phone company offers two different monthly plans.
Plan A costs a flat rate of $0.10 per minute for all calls. Plan B costs $29.99 for
the first 500 minutes and $0.08 for each additional minute. Which plan is less
costly if a person uses 750 minutes per month? Explain.

Answers

Answer:

The Best is B = 44.985

Step-by-step explanation:

(A)First thing is that 0.10 times 750 is 75$

(B)but the 29.99 divided buy 500 equal 0.05998.

then you multiplier by 750 which equal 44.985.

this is the best way I hope this helps :)

4/5 as an equivalent fraction in 3 different forms.​

Answers

Answer:

Equivalent fraction of ⅘:

[tex] \frac{4}{5} = \frac{8}{10} = \frac{12}{15} = \frac{16}{20} [/tex]

help me plz correctly

Answers

Step-by-step explanation:

<PQR and <SRQThe supplementary of a is b and c.<BFG<GFH<ECB<DCB<ABC and <BCZ, <DCZ and <CBX, <ABW and <BCY, <DCY and <CBW

1. ∠SPQ

2. ∠b and ∠c both are supplementary of ∠a

3. ∠BFG

4. ∠GFH

5. ∠ECB

6. ∠DCB

7. (i) ∠ABX and ∠BCZ

(ii) ∠DCZ and ∠CBX

(iii) ∠ABW and ∠BCY

(iv) ∠DCY and ∠CBW

how much would $500 invested at 5% interest compounded continuously be worth after 8 years?
a: $700
b:$709.58
c:$745.88
d.$738.73

Answers

Answer:

D

Step-by-step explanation:

We will need to use the compound interest formula:

A = P(1 + r)ⁿ

A = final amount

P = Initial amount

r = rate

n = time applied

Our equation will then look like this

A = 500(1.05)⁸

A = 738.72772

solve for X...........​

Answers

Answer: First Choice. no solution

Step-by-step explanation:

Given

5 (x + 1) ≤ 5x + 3

Expand parentheses and apply the distributive property

5x + 5 ≤ 5x + 3

Subtract 5x on both sides

5x + 5 - 5x ≤ 5x + 3 - 5x

5 ≤ 3

5 ≤ 3 is not true, therefore, there is no solution.

Hope this helps!! :)

Please let me know if you have any questions

I am giving brainliest pls help asap

Answers

Answer:

-49

Step-by-step explanation:

5 - 3|3 • ( -6)|

5 - 3|3 • 6|

5 - 3(18)

5 - 54

-49
___________________
Hope this helps!

Love you.

- doomdabomb
The answer for it is -49

Help please.
Simplify: 2 + 3i / 4 + 2i

Answers

Answer:

○ [tex]\displaystyle \frac{7 + 4i}{10}[/tex]

Step-by-step explanation:

[tex]\displaystyle \frac{2 + 3i}{4 + 2i} → \frac{2 + 3i[4 - 2i]}{4 + 2i[4 - 2i]} = \frac{14 + 8i}{20} = \boxed{\frac{7}{10} + \frac{2}{5}i}[/tex]

When dividing complex numbers, multiply the denominatour and numeratour by the conjugate of the denominatour. Then simply towards the end.

* Here is something you should know:

[tex]\displaystyle \sqrt{-1} = i \\ -1 = i^2 \\ -i = i^3 \\ 1 = i^4\: [every\:multiple\:of\:four][/tex]

I am joyous to assist you at any time.

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