BrookLPrescott9249 BrookLPrescott9249
  • 19-04-2019
  • Spanish
contestada

Lenny has a remaining balance on his credit card of $3,000. his credit card has an apr of 20 percent. how much will he pay in interest in one month?

Respuesta :

yinazhou008 yinazhou008
  • 19-04-2019

i believe that the answer is 50 dollars in one month

Answer Link
Littlebunnyfufu1234 Littlebunnyfufu1234
  • 19-05-2019

Answer:

A=p(1+i/m)^mn

P=3000

i=0.20

M=12

n=1/12

A=3,000×(1+0.20÷12)^(12*1/12)

=3,050

Interest earned=3050-3000=50

Explanation:

Answer Link

Otras preguntas

ANSWER BOTH AND I WILL GIVE BRAINLIEST!!
True or False Unit rate is a ration with denominator 2 example 100words in 2 minutes True False
which statement best describes the appeal of Buddhism to people in the late Han dynasty
Please hurry I need this fast Please look at both pics will give brainlest answer
Compare the fractions in each pair. Select the correct sign.
How is a dominant allele different from a recessive allele? A) A dominant allele is masked or covered up. B) A dominant allele, if present, always shows up in
In the second of these stanzas,the poet uses verbs in a different tense from all of the precious stanzas. How does the verb tense change between the previous st
Being struck by lightning is a really shocking experience. what is the pun and 2 meanings of it​
I NEED HELP THIS ANSWER FOR A QUIZ ASAP
b) FactoriseFactorise y2 + 2y - 24​