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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?
Suppose that a pair of 20-sided dice are rolled (the sides are numbered 1-20). What is the probability that the sum of the dice is 13?
Find the characteristic equation for the matrix below and determine its eigenvalues and the corresponding eigenvalues.
Determine if the following chemical equation is a kinetically paced reaction: 4NO + 4NH3 + O2 = N2 + 6H2O In other words, is there a kinetic rate equation that can be presented simply that defines the pace of the above reaction
Exponentials depending on the random variable
Use exponential smoothing to find the forecast of shipments
A machinist can produce 114 parts in 6 minutes .At this rate , how many parts can the machinist produce in 15 minutes.
Find the estimated regression equation
A copier that originally cost $300 was sold on the installment plan as $28 per month for 12 months. Find the installment price if no down payment was made. Find the finance charge.
Important information about Initial value problems, Solve the initial value problems, Find the particular solution of the differential equation (dy/dx) + ycos(x) = 6cos(x) w/ y(0) = 8
Find the equation of the circle with center at the intersection of 4x + y - 4 = 0 and x - y - 6 = 0 and passing through (-1, -3). What is the equation of the circle passing through (12, 1) & (2, -3) and having its center on the line 2x - 5y + 10 = 0..
Conditional Probability of Drawing Different Kinds of Cards. A card is selected from a standard deck of 52 playing cards. A standard deck of cards has 12 face cards and four Aces (Aces are not face cards). Find the probability of selecting
By contracting an edge e = uv, we mean removing e and identifying the vertices u and v as a single new vertex. Let num_T(G) denote the number of spanning trees of the graph G.
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