You have a credit card balance of $1500. You have a recurring charge of
$50/month (adding to the balance) and make a payment of $100/month (lowering the balance). Your monthly interest rate is 2%. What will your balance be after 18 months?

Answers

Answer 1

The balance after 18 months will be $975.38.

After each month, the balance will be calculated as:

New Balance = Previous Balance + Interest + Recurring Charge – Payment

For the first month, the previous balance is $1500, so the new balance is:

New Balance = $1500 + (2%*$1500) + $50 - $100 = $1465

For the second month, the previous balance is $1465, so the new balance is:

New Balance = $1465 + (2%*$1465) + $50 - $100 = $1429.70

We can continue this calculation for each month for a total of 18 months. Alternatively, we can use the formula for the balance after n months:

Balance = \((1500*(1+0.02)^n) + (50*(1.02^n-1)/0.02) - (100*((1.02^n)-1)/0.02)\)

Plugging in n = 18, we get:

Balance = \((1500*(1+0.02)^18) + (50*(1.02^18-1)/0.02) - (100*((1.02^18)-1)/0.02) = $975.38\)

Therefore, the balance after 18 months will be $975.38.

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Related Questions

find x...............

find x...............

Answers

Answer:

x=2

Step-by-step explanation:

1. AB=AC (The triangle is isosceles. This means that at least two of its sides are equal in length. Looking at the triangle in the picture, sides AB and AC look the same, so we will assume that they are equal. Note that as you get more advanced, assuming isn't the best strategy. You should always try to look for hints if you are ever unsure. For example, if there are two angles that are the same measure in a triangle, the two sides that are only touching one of these angles are equal in length. This is called the base angles theorem converse.)

2. 9x-3=6x+3 (Rewrite sides AB and AC as the values given in the picture. This is called substitution.)

3. 9x=6x+6 (Add 3 to each side)

4. 3x=6 (Subtract 6x from each side)

5. x=2 (Divide each side by 3)

let me know if i did anything wrong, hope this helps!!

Complete the sequence
0.428. 0.447, 0.466,

Complete the sequence0.428. 0.447, 0.466,

Answers

Answer:

0.485

Step-by-step explanation:

Each term is 0.019 more than the term before it.

Therefore to find the next term, we just need to add 0.019 to the last given term:

0.466 + 0.019 = 0.485

The next term is 0.485.

Hope this helped!

2 rectas se cortan formando 4 ángulos iguales ¿cuanto mide cada uno?

Answers

Answer:

Cada ángulo igual es recto, es decir, mide 90°

Step-by-step explanation:

Intersección de dos rectas

Cuando dos rectas no paralelas se intersectan, forman en el punto de corte 4 ángulos iguales de a pares, es decir, dos pares de ángulos congruentes.

La suma de todos los ángulos formados es invariablemente 360°.

En general, siendo a y b dos ángulos adyacentes formados por el cruce, se cumple que:

a + b = 180°

Y la suma de todos los ángulos es el doble de lo anterior:

2a + 2b = 360°

Si todos los ángulos son iguales, a=b, entonces:

4a = 360°

a = 90°

Cada ángulo igual es recto, es decir, mide 90°

What is the weight of a 24 square foot 2 inch thick aluminum plate with a unit weight of 15 lbs?

Answers

Weight of a 24 square foot, 2 inch thick aluminum plate will be: 720 lbs.

What is unitary method?

A single unit's value can be determined from the values of multiple units, and multiple units' values can be determined from the values of single units using the unitary method.

Given:

Weight of 1 square foot, 1 inch thick plate = 15 lbs.

To find: weight of a 24 square foot, 2 inch thick aluminum plate

Finding:

By unitary method, we get:

Weight of 1 square foot aluminum plate = 15 lbs.

Weight of 24 square foot aluminum plate = 15(24) lbs = 360 lbs.

Again, by unitary method, we get:

Weight of 1 square foot, 1 inch thick aluminum plate = 15 lbs.

Weight of 24 square foot, 1 inch thick aluminum plate = 15(24) lbs = 360 lbs.

Weight of 24 square foot, 2 inch thick aluminum plate = 360(2) lbs = 720 lbs.

Hence, Weight of 24 square foot, 2 inch thick aluminum plate = 720 lbs.

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the question is

"Triangles ABC, EFD, and GHI are all similar. The side lengths of the triangles all have the same units. find the unknown side lengths.



would be useful if you had an explanation on how you got the answer thanks this is my hw need it done by 3pm today ​

the question is"Triangles ABC, EFD, and GHI are all similar. The side lengths of the triangles all have

Answers

The unknown side lengths are

Large triangle 10

Medium triangle 2

Small triangle 12/5 or 2.4

Step-by-step explanation:

EFD to ABC is 0.4 or 2/5

EFD to GHI is 0.24 or 6/25

ABC to GHI is 0.6 or 6/10

The side length of c is  2.

The side length of d is 10.

The side length of e is 10.

The side length of h is  2.4.

What is a triangle?

It is a two-dimensional figure which has three sides and the sum of the three angles is equal to 180 degrees.

We have,

Triangles ABC, EFD, and GHI are all similar.

The side lengths of the triangles all have the same units.

This means,

The ratio of the corresponding sides of the two triangles is the same.

Now,

ΔABC and ΔGHI

4/(12/5) = 4/h = c/ (6/5)

20/12 = 4/h = 5c/6

We will consider 20/12 = 4/h.

20/12 = 4/h

5/12 = 1/h

h = 12/5

h = 2.4

We will consider 20/12 = 5c/6

20/12 = 5c/6

4/2 = c

c = 2

Now,

ΔABC and ΔEFD

4/e = 4/d = c/5

4/e = 4/d = 2/5

Consider 4/e = 2/5

4/e = 2/5

2/e = 1/5

e = 10

Consider 4/d = 2/5

4/d = 2/5

2/d = 1/5

d = 10

Thus,

The side length are:

c = 2

d = 10

e = 10

h = 2.4

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I just need to number can anyone give me them?

I just need to number can anyone give me them?

Answers

Answer:

See below & picture.

Step-by-step explanation:

First, graph the given point, (2, 3).

Now use the slope to find two other points on the graph. The slope is -3/4. Start at (2, 3). Go down 3 and right 4. That is another point. Go back to point (2, 3). Using the slope, go left 4 and up 3. That is another point. Now draw a line through those three points. See the picture below.

I just need to number can anyone give me them?

While Jayden was at school, his house lost electrical power. By
the time the electrical power came back on the temperature inside the
house was 86°F. The air conditioner immediately started to cool the
house.Let f(x) represent the temperature, in degrees Fahrenheit, of
Jayden's house x minutes after the air conditioner started to cool the
house.What is the meaning of the statement f(25)=78?

Answers

Answer:

after 25 minutes the temperature was at 78 degrees

Step-by-step explanation:

The point P = (-5/3 squared, y) lies on the unit circle shown below. What is the value of
y in simplest form?

The point P = (-5/3 squared, y) lies on the unit circle shown below. What is the value ofy in simplest

Answers

The required value of y for the unit circle is: 2/3

How to find the point on the unit circle ?

The circle is defined as the locus of a point whose distance from a fixed point is constant i.e center (h, k).

The equation of the circle is given by:

(x - h)² + (y - k)² = r²

where:

h, k is the coordinate of the center of the circle on coordinate plane.

r is the radius of the circle.

Here,

Equation of the unit circle is given as,

x² + y² = 1

Now substitute the given value in the equation,

5/9 + y² = 1

y² = 1 - 5/9

y² = 4/ 9

y = √(4/9)

y = 2/3

Thus, the required value of y for the unit circle is 2/3

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What is the Decimal Represention of 9/11​

What is the Decimal Represention of 9/11

Answers

Answer: the answer is A 0.81

Erica has $5454 in her retirement account, and Joy has $5453 in hers. Erica is adding $19 per day, whereas Joy is contributing $20 per day. Eventually, the two accounts will contain the same amount. What balance will each account have? How long will that take?

Answers

Answer:

$5473 and it will take 1 day.

Step-by-step explanation:

You can add side by side until their the same answer.

\(5454\\ + 19\\5473\)                                                 \(5453\\+ 20\\5473\)

As you can see they both have the same amount of money in their retirement account after one day and they have the same total of $5473.

Erica has $5454 in her retirement account, and Joy has $5453 in hers. Erica is adding $19 per day, whereas

Write down the reciprocal of:5by8

Answers

to find the reciprocal just switch the numerator and the denominator.

= 8/5 ( 8 by 5 )

NEED HELP PLEAS NEED TO PASS THIS
The slope of the line that passes through the points (0,3) and (5, 13) is?

NEED HELP PLEAS NEED TO PASS THIS The slope of the line that passes through the points (0,3) and (5,

Answers

Answer:

its not there bud

Step-by-step explanation:

Question 14 of 30The histogram below gives the distribution of test scores for a sample ofstudents in a school in Alaska. Which answer choice gives the number ofstudents that scored above 50.57

Question 14 of 30The histogram below gives the distribution of test scores for a sample ofstudents in

Answers

We need to find the number of students that scored above 50.57.

That number is given by the sum of all heights of the bars after 50.5:

Heights of the bars with scores above 50.5:

• bar labeled 1: ,100

• bar labeled 2: ,250

• bar labeled 3: ,200

• bar labeled 4: approximately ,190

• bar labeled 5: approximately ,60

Then, adding those values, we obtain:

\(100+250+200+190+60=800\)

Answer: D. 800

Question 14 of 30The histogram below gives the distribution of test scores for a sample ofstudents in

Solve for x . The polygons in each pair are similar

Answers

According to  quadrant geometry value of x is 7

What is quadrant in geometry?

The coordinate system's two axes, the x-axis and the y-axis, constitute a region called a quadrant. The quadrants are generated when the two axes, the x-axis and the y-axis, cross at a 90-degree angle. These areas include coordinates, or positive and negative values of the x- and y-axes.

Write a proportion using the side lengths of each similar form to locate the missing side. An equation that makes two ratios equal is called a proportion. By dividing the numerator and denominator of each fraction by two, you can find x.

4(14) = 8(-7+2x)

56 = -56 + 16x

112 = 16x

x=7

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Question:

Solve for x . The polygons in each pair are similar

Solve for x . The polygons in each pair are similar

Can someone please help fr.​

Can someone please help fr.

Answers

Answer:

IM LOOKING FOR THE ANSWER TO LOL

Step-by-step explanation:

help me please!!! asap​

help me please!!! asap

Answers

Answer:

B. 6

Step-by-step explanation:

Step 1: Subtract 3 from both sides.

6=n

Answer B. 6 equals n

Step-by-step explanation:

9 = 6 + 3

Xavier’s salary increases by 2% each year.


In 2010, his salary was $40100.



(i) Calculate his salary in 2015.


Give your answer correct to the nearest dollar.



(ii) In which year is Xavier’s salary first greater than $47500?

Answers

Xavier’s salary in 2015= $44, 200

The year which Xavier’s salary first became greater than $47500= year 2019

Calculation of annual salary

His first salary in year 2010= $40100

The amount increase per year= 2/100×40100

= 2× 410=$820

The number of years with increased salary =

2015-2010= 5years.

The amount increase over 5 years= 5× $82 0

= $4100

Therefore his salary in 2015= $40100 + $4100

= $44200

To calculate the year Xavier’s salary would first be greater than $47500

$47500- $40100 = $7,400

Which means, if $4100 = 5 years from 2010

$7,400 = x years from 2010

Cross multiply,

X years= $7,400 × 5/$4100

= $37000/ $4100

= 9 years from 2010

Therefore, at 2019 Xavier’s salary would be greater than $47500

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To study the sleeping habits of all band members in his school, Christopher collects data from all the band members in his class. Which type of sampling is used

Answers

The type of sampling used in this scenario is A Systematic sampling.

Systematic sampling involves selecting every kth element from a population list after randomly selecting a starting point. In this case, Christopher collects data from all the band members in his class, indicating that he is sampling systematically from a known list of band members.

This method ensures that every band member in the class has an equal chance of being selected, and it simplifies the process by following a predetermined systematic approach rather than relying on random selection or stratification.

Therefore, the type of sampling used in this scenario is A Systematic sampling.

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Complete question is below

To study the sleeping habits of all band members in his school, Christopher collects data from all the band members in his class. Which type of sampling is used? Select the correct answer below:

A Systematic sampling

B Stratified sampling

C Cluster sampling

D Convenience sampling

Jennifer wants to purchase a book but only has $62.10 to spend. what is the maximum number of pages she can have in her book

Answers

Answer:

what is the price of for each page?

What is the T symbol in statistics?

Answers

T symbol in statistics means Test statistic for t-test ( t-score )

What is  t-statistic ?

The t-statistic in statistics measures how far an estimated value of a parameter deviates from its hypothesised value in relation to its standard error.

T symbol in statistics mean Test statistic for t-test (  t-score )

Through the Student's t-test, it is utilised for testing hypotheses. To decide whether to accept or reject the null hypothesis in a t-test, the t-statistic is used.

It is quite comparable to the z-score, but when the sample size is small or the population standard deviation is unknown, the t-statistic is employed instead.

For instance, if the population standard deviation is unknown, the population mean can be estimated using the t-statistic from a sampling distribution of sample means.

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If the area of AABC is 288in², and if DB = 15in, and CD = 9in, what is the length of AD

If the area of AABC is 288in, and if DB = 15in, and CD = 9in, what is the length of AD

Answers

The length of the side AD is 24 inches

Consider the triangle ABC

The area of the triangle = 288 square inches

The length of the side CD = 9 inches

The length of the side DB = 15 inches

The length of the the base = The length of the side CD + The length of the side DB

Substitute the values in the equation

The length of the the base  = 9 + 15

= 24 inches

The area of the triangle = (1/2) × Base × Height

Substitute the values in the equation

288 = (1/2) × 24 × AD

288 = 12 × AD

AD = 288 / 12

AD = 24 inches

Hence, the length of the side AD is 24 inches

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Find the volume of the prism.

Answers

The volume of the cone in this problem is given as follows:

V = 48π units³.

How to obtain the volume?

The volume of a cone of radius r and height h is given by the equation presented as follows:

V = πr²h/3.

From the image given in this problem, the parameters are given as follows:

r = 6 mm, h = 4 mm.

Hence the volume is given as follows:

V = π x 6² x 4/3

V = 48π units³.

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Find the volume of the prism.

what is the voulme of a cube with the side length of 5

Answers

Answer:

This is the correct answer

Step-by-step explanation:

The V = 125

If a voter votes RIGHT in one election, the probability that the voter will vote LEFT in the next election is 0.2. If a voter votes LEFT in one election, the probability that the voter will vote RIGHT in the next election is 0.1. Assume that these are the only two parties available to vote for. 1. What is the Markov assumption? 2. Draw the transition diagram to this problem. 3. Write down the transition matrix. 4. If 55% of the electorate votes RIGHT one year, find the percentage of voters who vote RIGHT the next year. What would be the voter percentages in 10 years' time? Interpret your result. (2+2+3 marks) 5. Will there ever be a steady state where the party percentages don't waiver? Interpret your result. (3+3 marks)

Answers

After 10 years, the voter percentages would be approximately 50.3% for LEFT and 49.7% for RIGHT.

The Markov assumption in this context is that the probability of a voter's next vote depends only on their current vote and not on their past voting history. In other words, the Markov assumption states that the future behavior of a voter is independent of their past behavior, given their current state.

Transition diagram:

        LEFT      RIGHT

    |--------->--------|

LEFT |   0.8        0.2   |

    |                   |

RIGHT|   0.1        0.9   |

    |--------->--------|

The diagram represents the two possible states: LEFT and RIGHT. The arrows indicate the transition probabilities between the states. For example, if a voter is currently in the LEFT state, there is a 0.8 probability of transitioning to the LEFT state again and a 0.2 probability of transitioning to the RIGHT state.

Transition matrix:

     |  LEFT   |  RIGHT  |

---------------------------

LEFT  |   0.8   |   0.2   |

---------------------------

RIGHT |   0.1   |   0.9   |

---------------------------

The transition matrix represents the transition probabilities between the states. Each element of the matrix represents the probability of transitioning from the row state to the column state.

If 55% of the electorate votes RIGHT one year, we can use the transition matrix to find the percentage of voters who vote RIGHT the next year.

Let's assume an initial distribution of [0.45, 0.55] for LEFT and RIGHT respectively (based on 55% voting RIGHT and 45% voting LEFT).

To find the percentage of voters who vote RIGHT the next year, we multiply the initial distribution by the transition matrix:

[0.45, 0.55] * [0.2, 0.9; 0.8, 0.1] = [0.62, 0.38]

Therefore, the percentage of voters who vote RIGHT the next year would be approximately 38%.

To find the voter percentages in 10 years' time, we can repeatedly multiply the transition matrix by itself:

[0.45, 0.55] * [0.2, 0.9; 0.8, 0.1]^10 ≈ [0.503, 0.497]

After 10 years, the voter percentages would be approximately 50.3% for LEFT and 49.7% for RIGHT.

Interpretation: The results suggest that over time, the voter percentages will tend to approach an equilibrium point where the percentages stabilize. In this case, the percentages stabilize around 50% for both LEFT and RIGHT parties.

No, there will not be a steady state where the party percentages don't waiver. This is because the transition probabilities in the transition matrix are not symmetric. The probabilities of transitioning between the parties are different depending on the current state. This indicates that there is an inherent bias or preference in the voting behavior that prevents a steady state from being reached.

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If a voter votes RIGHT in one election, the probability that the voter will vote LEFT in the next election
If a voter votes RIGHT in one election, the probability that the voter will vote LEFT in the next election

Lincoln drove 155 miles in 5 hours. On average, how fast did he drive in miles per hour?

Answers

Answer:   Lincoln drove, on average, 31 miles per hour.

Step-by-step explanation:

To calculate the average speed in miles per hour, we divide the total distance traveled by the total time taken.

Total distance: 155 miles

Total time: 5 hours

Average speed = Total distance / Total time

Average speed = 155 miles / 5 hours

Average speed = 31 miles per hour

Answer:

155÷5=31 miles

Step-by-step explanation:

in 5h he drove 155 miles

in one hour he drove 155÷5

so he drove 31 miles in one hour

the 3 one is 2x-1 please help​

the 3 one is 2x-1 please help

Answers

Answer:

x=1

Step-by-step explanation:

Compare the following sets of data for June 2006 and June 2005.
Canadian Housing Prices by City ($)
June 2006
June 2005
Canadian City
Vancouver
Victoria
Calgary
Edmonton
Regina
Saskatoon
Ottawa
Toronto
Montreal
Fredericton
Saint John
Halifax
Sources: MLS and Remax
Mean:
1. Find the measures of central tendency for each. State any conclusions found.
Median:
Mode:
508 435
538 913
367 033
254 240
137 022
160 548
260 458
358 035
222 879
136 371
127 586
201 316
Conclusions:
June 2006
June 2006
422 843
469 588
245 803
199 409
132 054
139 728
254 725
345 065
210 740
134 334
125 455
184 853
June 2006
June 2005
June 2005
June 2005

Compare the following sets of data for June 2006 and June 2005.Canadian Housing Prices by City ($)June

Answers

The Mean for June 2006 and 2005 is  $345,909 and $335,977 respectively. The median for June 2006 and 2005 is $254,000 and $139,000 respectively, there's no mode in this question.

Explain mean, median, mode briefly?

In statistics, the mean, mode, and median are three measures of central tendency that describe a set of numerical data.

The mean is the average of a set of numbers, calculated by adding up all the values and dividing by the number of values. For example, if a set of data contains the values {1, 2, 3, 4, 5}, the mean is (1 + 2 + 3 + 4 + 5) / 5 = 3.

The mode is the value that appears most frequently in a set of data. For example, if a set of data contains the values {1, 2, 2, 3, 4, 4, 4, 5}, the mode is 4, because it appears three times, which is more than any other value.

The median is the middle value in a set of data when it is ordered in ascending or descending order. For example, if a set of data contains the values {1, 2, 3, 4, 5}, the median is 3, because it is the middle value. If there is an even number of values, then the median is the average of the two middle values.

It is important to note that different sets of data may have different measures of central tendency, and sometimes none of these measures may be appropriate.

Measures of central tendency are used to summarize and describe a set of data. The most common measures of central tendency are the mean, median, and mode.

1. Mean:

• Mean for June 2006: (508+435+538+913+367+033+254+240+137+022+160+548+260+458+358+035+222+879+136+371+127+586+201+316)/22 = $345,909

• Mean for June 2005: (422+843+469+588+245+803+199+409+132+054+139+728+254+725+345+065+210+740+134+334+125+455+184+853)/22 = $335,977

2. Median:

• Median for June 2006: Median of ordered data is the value in the middle of the data set, It is the 11th value in order set. we can see that it is $254,000

• Median for June 2005: Median of ordered data is the value in the middle of the data set, It is the 11th value in order set. we can see that it is $139,000

3. Mode:

• Mode for June 2006: There is no mode, because no value is repeated.

• Mode for June 2005: There is no mode, because no value is repeated.

Conclusions:

• The mean housing price in June 2006 is higher than the mean housing price in June

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total sales and the percent increase in sales of jackets. Then find which percent of increase is greater and by how much greater it is than the other. (Round your answer to the nearest tenth.) a. Sales of jackets increased 3.6 percentage points faster than total coat sales. b. Sales of jackets increased 18.8 percentage points faster than total coat sales. c. Total coat sales increased 8.1 percentage points faster than sales of jackets. d. Total coat sales increased 24.5 percentage points faster than sales of jackets.

Answers

Answer:

Step-by-step explanation:

The radius is 6 inches uw :)


Lamont has a lawn care business. For each lawn that he mows, he charges a supply
fee of $15 dollars, plus x dollars per hour. It takes Lamont 3 hours to mow one lawn, 2
hours to mow a second, 1 hour to mow a third, & 4 hours to mow a fourth. If Lamont
earns $155 total, how much does he charge per hour?
O $14.00
$9.50
$10.00
$17.00

Answers

Answer:

D. $9.50

Step-by-step explanation:

If you take the $155 and subtract the $15 per lawn mowed you get $95. If then you add up the total hours he spent mowing (10) and divide the $155 by the 10 you end up with $9.50 for each hour he spent mowing.

20 POINTS FOR THIS NEED ASAP

20 POINTS FOR THIS NEED ASAP

Answers

Answer: Square feet

Step-by-step explanation: Well, in the 3 options given, ounces aren't used for distance which is what it is calculating, and for bigger terms, you wouldn't use inches, so the only logical answer is square feet.

Other Questions
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