Define an annual percentage rate of master card

Assignment Help Mathematics
Reference no: EM131623182

Question: Chaundra Mixon has a Master Card with an annual percentage rate of 19.8%. The unpaid balance for her August billing cycle is $675.21. During the billing cycle she purchased shoes for $87.52, a suit for $132.48, and a wallet for $28.94. She made a payment of $225. If the account applies the unpaid balance method, what are the finance charge and the new balance?

Reference no: EM131623182

Questions Cloud

How many people would you think appropriate to give survey : There are four network television affiliates here in this market. How many people would you think appropriate to give my survey to?
Benefits to performing assessments : As a new HC manager, Are there both positive and negative benefits to performing assessments?
Pricing schedules and revenue management : Why are ethical concerns and fairness perception important issues when designing service pricing schedules and revenue management strategies?
Evaluate the options for solving the problem : Explain how you will implement the decision made and reflect on whether this option was the most effective.
Define an annual percentage rate of master card : Chaundra Mixon has a Master Card with an annual percentage rate of 19.8%. The unpaid balance for her August billing cycle is $675.21.
Generate new product ideas that will result : Your task is to develop a new product development process that utilizes your choice of creative methods to generate new product ideas that will result
Develop a research question and hypothesis to assess : Develop a research question and hypothesis to assess the effect of using emotion as a persuasive tool in advertising.
Solve problem of the jamel cisco : Jamel Cisco has a Visa Card with an annual percentage rate of 16.8%. The unpaid balance for his June billing cycle is $1,300.84.
What is the internal rate of return for this investment : Calculate the present value of each of the following cash flow streams - construct and provide cash savings

Reviews

Write a Review

Mathematics Questions & Answers

  Solve problem of the vincent ores

Vincent Ores is paid a salary of $400 plus 8% of sales. Calculate his gross income if his sales total $9,890 in the current pay period.

  Channels of distribution to market their products overseas

What are some of the disadvantages that can result when companies use channels of distribution to market their products overseas?

  Where is the diver in relation to the surface

After diving 92 m below the sea level, a diver rises at a rate of 4 meters per minute for 7 min. Where is the diver in relation to the surface? Can't get the concept? 28 is the sume and 68 is the answer?

  Choose industry or business which has adopted foundational

select an industry or business that has adopted foundational global standards.nbspwhat specifically has this company

  Calculating probabilities

What is the total defect rate? I came up with 6%. A randomly selected product was defective. What is the probability that it came from Plant A?

  Determine fboost after iterations of the algorithm

Run the AdaBoost algorithm four times and determine fboost after 4 iterations of the algorithm.

  Determine the velocity and acceleration vectors

Given a position vector r(t) = [t, t2, t3], Find the velocity and acceleration vectors and the speed at time t. Find the equation of the line passing through the points P (3,5,7) and Q (6,5,4).

  How can employees maximize job performance

How can employees maximize job performance in order to increase work compensation? Must be answered in APA format.

  Lattice point and distance formula

Mark a point at the intersection of two rulings. The lattice point. Seven units to the right and four units up, mark another. Use a ruler to find the distance from one point to the other

  Properties on inequality-what property is demonstrated

In these properties on inequality, we have some properties. We can discuss the properties here. In addition property, if x

  What percent spend more than $12.50

What percent spend less than $5.00 per passenger?

  What are the lengths of the two pieces of wire

A wire 210 inches long is cut into two pieces. One piece formed into a square, and the other into a circle. If they have the same area, what are the lengths of the two pieces of wire.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd