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In the month of April, your credit card (which is charging you 9.9% + the current prime interest rate) has a balance of $1000. On April 3rd you charge $100, then on April 20th you put 15 gallons of gas on the card. On April 23rd your payment of $400 arrives and is posted to your account. Finally, on April 27th you charge all of your food for the month for your family of 4.
a) What is your average daily balance at the end of the month on this card? Hint: You will need to research and find the cost of gas and food in order to solve this. Use the national average as of four months before the date Assignment is due. For instance, if your Assignment is due November 3rd, 2012, use the July 2012 national average.
b) How much interest will your card charge you this month, assuming interest is charged on the average daily balance?
c) If this card were using the interest rates of 30 years ago, how much interest would your card charge you this month?
currently, tyrone has $60 and his sister has $135, both ger an allowance os $5 each week. tyrone decide to save his entire allowance, but his sister spends all hers each week plus an additional $10 each week. after how long will they each have the..
Suppose that a student has 500 vocabulary words to learn. If the student learns 15 words after 5 minutes (this means L(5)=15 for the function L(t) ) , the function L(t ) = 500(1- e-0.0061t ) approximates the number of words L that a student will le..
the distribution of sat scores is normal with u500 and o 100a. what sat score x value separate the top 15 of the
A norman window has the shape of a rectangle surmounted by a semicircle as shown in figure to the left. A Norman window with perimeter 30 ft is to be constructed.
a boat's crew rowed 7.5 miles downstream, with the current, 1.5 hours. the return trip upstream , against the current , covered the same distance, but took 2.5 hours. find the crew's rowing rate in still water and the rate of the current.
At the end of the year, the total interest from these investments was $940. How much was invested at each rate?
Write a quadratic equation in the variable x having the given number as solutions.Type the equation in standard form, ax^2 + b x + c =0 Solution: 6, only solution the equation is ? =0
For each of the described curves, decide if the curve would be more easily given by a polar equation or a Cartesian equation. Then write an equation for the curve.
Prove that the element K=k1+k2+....km is the center of the group ring R[G]. Let K1,....Kr be the conjugacy classes of G and for each Ki let Ki be the element of R[G] that is the sum of the members of Ki.
explain the process pf factoring a trinomial with a leading coefficient that is not equal to one. why is this process more difficult than when the leading coefficientis equal to one? give example.
Kaye and Lyn are twins, and the sum of their ages is equal to three times Dave's age, which is half as old as Keith. The average age of the four children are 6.
Use differentials to estimate the error in computing the length of the hypotenuse. (Round your answer to two decimal places.)
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