Asa's most recent credit card statement had a balance of $2,622.77. The minimum payment warning box indicates that it will take 12 years to pay off the card if
be makes the minimum payment of $28 per month. If he makes a monthly payment of $100, it will take 3 years to pay off the balance. What will be the percent
increase in total payments if Asa only pays the minimum rather than the $100 per month?

Answers

Answer 1

Answer:

12%

Step-by-step explanation:

In order to calculate this we first need to find the total that she would pay if she were to choose either of these options. We do this by multiplying the number of years it would take to pay off the loan by the 12 months in a year, and then we multiply this product by the monthly payment like so...

Minimum Payment:

(12 * 12) * 28 = $4,032

$100 a month payment:

(12* 3) * 100 = $3,600

Now that we have both we need to divide the minimum payment total by the $100 a month payment total to get the percentage increase in decimal form

$4,032 / $3,600 = 1.12

Now we subtract 1 and multiply by 100 to turn this decimal into a percentage

(1.12 - 1) * 100 = 12%

Finally, we can see that if Asa only pays the minimum then she would be paying a 12% increase as opposed to paying the $100 a month


Related Questions

Express scientific notation (9.6 × 10^3) × (6.7 × 10^3)

Answers

Answer:

i got 6432

Step-by-step explanation:

i just put it in to my calculator

The ratio of blue task to red task on the bullentin board is 3 to 5. There are 50 red tracks. How many blue tracks are on the board?

Answers

I think there is 30 blue tasks. Because if the ratio is 3:5 and you increase both by 10 you’ll get 30:50. I hope that helps (-:

3x + 1 = 3(x - 1) + 4​

Answers

Simplifying

3x + 1 = 3[x + -1] + 4

Reorder the terms:

1 + 3x = 3[x + -1] + 4

Reorder the terms:

1 + 3x = 3[-1 + x] + 4

1 + 3x = [-1 * 3 + x * 3] + 4

1 + 3x = [-3 + 3x] + 4

Reorder the terms:

1 + 3x = -3 + 4 + 3x

Combine like terms: -3 + 4 = 1

1 + 3x = 1 + 3x

Add '-1' to each side of the equation.

1 + -1 + 3x = 1 + -1 + 3x

Combine like terms: 1 + -1 = 0

0 + 3x = 1 + -1 + 3x

3x = 1 + -1 + 3x

Combine like terms: 1 + -1 = 0

3x = 0 + 3x

3x = 3x

Add '-3x' to each side of the equation.

3x + -3x = 3x + -3x

Combine like terms: 3x + -3x = 0

0 = 3x + -3x

Combine like terms: 3x + -3x = 0

0 = 0

This equation is an identity, all real numbers are solutions.

20 points!!!! It’s not d can someone help me?

Answers

Answer:

Iits c

Step-by-step explanation:

I sure i did it

14
Jessica has already knitted 1 centimeter of scart and can knit 2 centimeters each night,
How many nights will Jessica have to spend knitting in order to knit a total
of 9 centimeters?
Ancutar:

Answers

Answer:

4 and a half nights

Use the translation rule (x, y) (x - 2y 7) to find the image of F(-2, 6)

Answers

Answer:

Use photomath and look at each step! Sorry I would help but I’m bad at math.

Step-by-step explanation:

What’s 1/2 divided by 6 plz help

Answers

Answer:

3

Step-by-step explanation:

Because .5÷6=3

and .5 is 1/2 as a decimal

6 / 1/2 = 3
6 / 0.5 =3
0.5 = 1/2

-absolute value-(-5^3)​

Answers

Answer:

15

Step-by-step explanation:

multiply -3 x 5. then find distance from -15 from 0

Help please !!! ASAP

Answers

3 goes 1, 4 goes 2, 1 goes 3 and 2 goes last

An employer's accountant has announced that
the budget for the next year must be cut by
33. How much must be cut from the
budget if last year's budget was
$166,245?
A. $11,830
B. $55,415
C. $166,245
D. $498,735

Answers

I think it is c forgive me I f I’m wrong

The amount of budget cut from last year's budget which was $166,245 will be $54860.85 which is nearly  $55,415 from the given option. Hence the correct option is (B).

What is the percentage?

The percentage is the 1 of the hundred or simply the amount or value of any number or data in the range of 100 called percentage.

For example, if Ramesh got 87 marks out of 150 then it required a lot of attention to drawing a conclusion about Ramesh's marks but if I say Ramesh got 58% then it will be easier to think and draw any conclusion.

Given that last year budget was $166,245 and the cut was 33% so it means it will be 0.33 of the $166,245 so

$166,245 × .33 = $54860.85 but in option, it is not mentioned so the nearest answer among the option will be (B).

For more about the percentage

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Can you guys answer both of these questions

Answers

Answer:

2+18

Step-by-step explanation:5+123

2+28 I think I’m not really sure

35% of 80 is what?

Helppppppppp

Answers

Answer:

Its 28.

Step-by-step explanation:

Answer:

Its 28

Step-by-step explanation:

1. Write 35% as 35100.

2. 35100 of 80 = 35100 × 80.

3. Therefore, the answer is 28. If you are using a calculator, simply enter 35÷100×80 which will give you 28 as the answer.

plz brainlist if i helped

Simplify the expression: 2(3 + 10u) =

Answers

That would be 6+20u if am not mistaken

If the #2 pencil is the most popular, why’s it still #2?

Answers

never thought of that
Its the size of the lead i think

Help please
- 1/2 (2-2x) + 3

Answers

Convert -1/2 to -0.5

-0.5 X 2 = -1
- 0.5 X (-2x) = 1X
and 3.


Collect like terms.

-1 + 1x + 3

the -1 and 3 are both numbers so add them together.

-1 + 3 = 2

The answer is
1x +2

Or just

X+2

PLEASE HELPP IM BEGGING I REALLY NEED HELP HELP HELP HELP HELP HELP HELL ITS 6TH GRADE MATH CMON PLEAE HELPPPP

Answers

Answer:

:)))

Step-by-step explanation:

31/50 - .062 - 62%

17/60 - .17 - 17%

2/5 - 0.4 - 20%

6/5 - 1.2 - 120%

11/25 - .44 - 44%

13/2 - 6.5 - 650%

At Hartridge Fudge Shop, 20% of the fudge has caramel swirls. If the owner made 8 pounds of caramel-swirled fudge, how many pounds of fudge did she make in all?

Answers

Answer:

Well I think you have to do 20% times 8 then divide it 100

Step-by-step explanation:

A track team ran 8 and 3/4 miles (mi) in 5 days. If they ran the same distance each day, how far did they run in one day?

Answers

Answer:

1.75

Step-by-step explanation:

First I converted

8 3/4 to 8.75

then I divided

8.75 / 5

= 1.75

The team ran 1.75 miles each day if they ran the same distance each day.

What is the division operation?


In mathematics, divides left-hand operands into right-hand operands in the division operation. The primary purpose of the division is to generate equal groupings or to determine how many people are in each category after a fair distribution.

For example 4/2 = 2

A track team ran 8 and 3/4 miles (mi) in 5 days.

To find out how far the track team ran in one day, you need to divide the total distance run by the number of days.

8 and 3/4 miles = 8.75 miles (by converting mixed numbers to decimal)

total distance = 8.75 miles / 5 days

Apply the division operation, and we get

total distance = 1.75 miles/day

Therefore, the team ran 1.75 miles each day.

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A coach is ordering shirts for a team.

The coach pays a one-time fee of $19.99.
The coach also pays $7.50 for each shirt ordered.
Which function can be used to find C, the total amount a coach pays in dollars when s shirts are ordered?

Answers

7.50s + 19.99=C
......

HELP ASAP what's the reason for statement 3, WILL GIVE BRAINLIEST​

Answers

Answer:

From prove

Step-by-step explanation:

from prove

Explanation

Two angles are called complementary when their measures add to 90 degrees

PLS HELP I WILL GIVE BRAINLYEST PLSSSSS HELP

Answers

Answer: A.) 10

Step-by-step explanation:

Answer:

i'm thinking it's c

Step-by-step explanation:i'm jus built different

The rule Rx-axis o is applied to the point (-3,-2). Where is the image in the coordinate

Answers

Answer:

[tex]Image = (-3,2)[/tex]

Step-by-step explanation:

Given

[tex]Point = (-3,-2)[/tex]

Transformation = Rx-axis

Required

Determine the image

When rule Rx-axis is applied to a point (x,y),

The new coordinate point is (x,-y)

In other words, the y coordinate is negated

So, when rule Rx-axis is applied to

[tex]Point = (-3,-2)[/tex]

The image of the point is

[tex]Image = (-3,-(-2))[/tex]

[tex]Image = (-3,2)[/tex]

GIVEAWAY TO GET 100 POINTS + BRIANLIEST IF YOU ANSWER WHATS 9+10 B)

Answers

Answer:

uhhh 21

Step-by-step explanation:

19

Tony has 5 goats, 12 pigs, and 26 chickens on his farm. Write the ratio of
chickens to pigs in three ways.

Answers

Answer:

26:12, 26/12, 26 for every 12

Step-by-step explanation:


Help please simplify

Answers

Answer:

2

Step-by-step explanation:

1.) Simplify the numerator

2√2a/√2a

2.) Cancel the common factor of √2a

3.) The answer is 2

Hope this helps!!!!!

What is the y-intercept for the given graph?

Answers

Yeah they are right when it’s -1 because it meets at the y coordinate so which ever number it goes through is the y intercept

Sasha made cups of lemonade to sell at her stand. She sold 9 cups of lemonade in the first hour. For each hour after that, she sold five cups. She was outside for a total of 4 hours. How many cups of lemonade did she sell?

Answers

Answer:

first hour=9 cups

the next three hours,five cups each=15 cups

15+9=24 cups

I need help pls Simplify 6y+9+3y-7

Answers

Answer:

9y+2

Step-by-step explanation:

9y+2 because you add the numbers that have y together and then 7-9 = 2 .

Can somebody please help me

Answers

Answer:

1:90

2:70

3:70

4:30

Source:trust me bro

Ms. Thorson bought a board that was 14 feet long. She cuts off as many pieces as possible that are 9 inches long. What is the length, in inches, of the board that remains?

Answers

Question:

Ms. Thorson bought a board that was 14 feet long. She cuts off as many pieces as possible that are 9 inches long. What is the length, in inches, of the board that remains?

Answer: 6 inches

Step-by-step explanation:

So we know that 14 ft. Is 168 in. all we have to do now is divide.

9/168=18R6

Number of 9 inch pieces possible is 18.

What is division?

The division is the process of repetitive subtraction. It is the inverse of the multiplication operation. It is defined as the act of forming equal groups. While dividing numbers, we break down a larger number into smaller numbers

Given,

length of the board = 14 feet
1 feet = 12 inches

14 feet = 168 inches

Length of the piece = 9 feet

Number of pieces cut from board

= 168/9
= 18.67

Number of 9inch pieces = 18

Hence, 18 is the number of pieces that are 9 inches long.

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