Cameron has a balance of $10,200 on his credit card. He threw the card away so he can never use it again. He has 3.5 years to pay off the balance. The interest rate on his card is 21%.

At the end of the 3.5 years, how much money in interest alone will Cameron have paid?

When Cameron finally pays off his credit card, how much will he have paid in all?

Answers

Answer 1

Answer:

the interest is $9,676.91 and the future value amount is $19,876.91

Step-by-step explanation:

The computation is shown below;

The future value is

= Present value × (1 + rate of interest)^number of years

= $10,200 × (1 + 0.21)^3.5

=  $19,876.91

Now the interest amount is

= Future value - present value

= $19,876.91 - $10,200

= $9,676.91

Hence, the interest is $9,676.91 and the future value amount is $19,876.91


Related Questions

HELP PLEASE BRAINLIEST AND ITS EASY\


What is the mean of the values in the dot plot?



Enter your answer in the box.

Answers

Answer: 2

Step-by-step explanation:

2+2+1+3=8/4=2

Vertices A (-1,1) and Vertices B (-4,1) of Square ABCD are shown below. What is the perimeter?

Hint: find the Vertices C and D first, then find the perimeter. A square is the same length all around!

Answers

Answer:

12

Step-by-step explanation:

Distance from (-4,1)to (-1,1) =|-4|-|-1|=3

Side of square =3

Since each side of square is equal.

3x4=12

If vertices A (-1,1) and vertices B (-4,1) of Square ABCD then  perimeter of the square ABCD is 12 units.

What is Distance?

The length along a line or line segment between two points on the line or line segment.

The distance between A and B is 3 units, so the distance between B and C must also be 3 units since the square has equal sides.

The coordinates of C are (-4, -2) since it is directly below B.

The distance between C and D is 5 units since it is a horizontal line between the x-coordinates of C and D.

The coordinates of D are (-1, -2) since it is directly to the right of C.

Now we have the coordinates of all four vertices

A (-1,1), B (-4,1), C (-4,-2), and D (-1,-2).

To find the perimeter, we add up the lengths of all four sides:

AB = BC = CD = AD

= √[(xB - xA)² + (yB - yA)²]

= √[(-4 - (-1))² + (1 - 1)²]

= 3

So the perimeter is P = AB + BC + CD + AD

= 3 + 3 + 5 + 3

= 14

Therefore, the perimeter of the square ABCD is 12 units.

To learn more on Distance click:

https://brainly.com/question/15172156

#SPJ3

Help please include explanation screenshot attached and brainliest to correct answer

Answers

Answer:

x>-8 (Or option D)

Step-by-step explanation:

-2x+7<23 Subtract 7 from both sides

-2x<16 Now divide by -2. You also have to flip the < sign because you are dividing by a negative number

x>-8

The reasoning for D over C is because D is an open circle meaning that it is only less than or greater than. When it is a closed circle, it means less than or equal to or greater than or equal to. :)

2 1/3 x 4 4/5as a fraction

Answers

Answer:

11 1/5

Step-by-step explanation:

2 1/3 × 4 4/5

=7/3 × 24/5

=56/5

=11 1/5

How much is 1/3 cup of butter equivalent measurement? ​

Answers

Answer: equal 5 tablespoons plus 1 teaspoon butter.

Step-by-step explanation:

Answer:

1/3 cup would equal 5 tablespoons plus 1 teaspoon butter

Step-by-step explanation:

i Hope this was the answer you was looking for. If not just go to one of my questions and take the points that you need to gain back!!!

The length of a rectangle is 3 times the width, w. Which expressions represent the perimeter of the rectangle?

A - 4w
B - 7w
C - 8w
D - 5w + 2w
E - 2(3w + w)
F - 2(3w) + 2w

Answers

Answer:

c,e,f,

Step-by-step explanation:

The answer for this question is C, E and F .

Given that the length is 3 times the width. So firstly, you have to find the expression of length :

Let width = w,

Next, the perimeter of rectangle is P = 2(length+width) so you have to substitute the expression into the formula :

Let length = 3w

Let width = w,

have a good day /night

may i please have a branllist

How many solutions does y=3x+1 and y=x+1 have?

Answers

46764need photo ryyiouttgg

a group of marine biologists on a marine Expedition recorded the altitudes which they found for animals which inequality correctly compares the altitudes of which they found the animals​

Answers

Answer:

garden eel < great white shark < sea urchin < sea turtle

Step-by-step explanation:

A fudge recipe calls for 1/2 cup of cocoa if only 1/2 of the recipe is made how much cocoa should be used

Answers

Answer:

1/4

Step-by-step explanation:

Answer:

1/4 cup

Step-by-step explanation:

75069 / 45 with work (no calculator)
Show work please!

Answers

Answer:

1668.2

Step-by-step explanation:

Which chocolate chip cookies have the greater spread in the number of chips per cookie?

is it
Regular
OR
Reduced Fat

Answers

reduced fat had the greater spread

Answer:

Reduced fat had the greater spread.

Step-by-step explanation:

The scale of a map says that 6 cm represents 15 km.
What distance on the map represents an actual distance of 6 kilometers?

a) 0 3.6
b) 2.5
c) 0 2.4
d) 0.42

Answers

Answer:  

Scale distance on map representation = 2.4 cm

Step-by-step explanation:

Given:

Scale factor [6 cm - 15 Km]

Actual distance = 6 km

Find:

Scale distance on map representation

Computation:

Scale distance on map representation = Actual distance[6cm / 15km]

Scale distance on map representation = 6km [6cm / 15km]

Scale distance on map representation = 36 / 15

Scale distance on map representation = 2.4 cm

 

Find the degree of this polynomial. –s5 − 4s3 + 4s2 + 5s

Answers

Answer:

Can you picture the question?

In a bag are 3 red, 9 blue, 2 yellow and 3 green marbles. If you draw out a marble at random, what the probability that you will draw a blue marble? P(blue)

Question 2 options:

3/17


9/17


2/17


14/17

Answers

Answer:

9/17

Step-by-step explanation:

there are 17 marbles in total 9 of them are blue therefore, 9/17 is the correct answer

Using any method, find the area of the regular hexagon shown below. Show all work! Your final answer should be exact.

Answers

Answer:

864√3

Step-by-step explanation:

(3√3·24²)/2

1728√3/2

864√3

1496.49189773

9514 1404 393

Answer:

  864√3 in²

Step-by-step explanation:

We presume "any method" includes the use of on-line calculators. Unfortunately, this one does not provide the exact answer in reduced form.

  A = (3/2)√3(24 in)² = 3/2×576×√3 in²

  A = 864√3 in²

Arithmetic Summation
Find the sum of the first n terms of the arithmetic series.
40 + 37 + 34 +31 +...

n=20

Answers

Answer:

142

Step-by-step explanation:

hope this help love y all!

Pls help me on this question??

Answers

I think it’s b sorry if it’s wrong

Answer and Step-by-step explanation:

The answer is A. 0.

This is because the greatest sum of numbers can only be up to 12. (6 + 6 = 12)

No numbers, when added together from the given 2 6-sided dices, will result in 15 as the answer.

#teamtrees #PAW (Plant And Water)

Ramadan Mubarak

find the angle measure given extended triangles

help pls

Answers

Answer:

x=74

Step-by-step explanation:

Solve big triangle first 33+45= 78

78+28= 106

A fashion designer wants to know how many new dresses women buy each year. A sample of 208 women was taken to study their purchasing habits. Construct the 85% confidence interval for the mean number of dresses purchased each year if the sample mean was found to be 6.2. Assume that the population standard deviation is 1.1.

Answers

Answer:

The 85% confidence interval for the mean number of dresses purchased each year is (6.1, 6.3).

Step-by-step explanation:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1 - 0.85}{2} = 0.075[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1 - \alpha[/tex].

That is z with a pvalue of [tex]1 - 0.075 = 0.925[/tex], so Z = 1.44.

Now, find the margin of error M as such

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 1.44\frac{1.1}{\sqrt{208}} = 0.1[/tex]

The lower end of the interval is the sample mean subtracted by M. So it is 6.2 - 0.1 = 6.1

The upper end of the interval is the sample mean added to M. So it is 6.2 + 0.1 = 6.3

The 85% confidence interval for the mean number of dresses purchased each year is (6.1, 6.3).

NEED HELP FOR HOMEWORK: Quadrilateral FGHJ was dilated with the origin as the center of dilation to create quadrilateral F' G′ H′ J′.


Which rule best represents the dilation that was applied to quadrilateral FGHJ to create quadrilateral F' G′ H′ J′?

A. (x, y) à (x - 2, y + 1)
B. (x, y) à (1.4x , 1.4y)
C. (x, y) à (x + 1, y + 2)
D. (x, y) à (5/7x, 5/7y)

Answers

Answer:

B

Step-by-step explanation:

Without even trying to figure out the solution you can tell it is b, because adding and subtracting to the x's and y's results in a translation. D is wrong because it would result in a smaller figure, so it is B

The value V of a certain automobile that is t years old can be modeled by V(t) = 14,651(0.81). According to the model, when will the car be worth each of the following amounts?
(a) $8000
(b) $6000
(c) $1000
- The car will be worth $8000 after years.
(Type an integer or a decimal rounded to the nearest tenth as needed.)

Answers

Answer:

a) The car will be worth $8000 after 2.9 years.

b) The car will be worth $6000 after 4.2 years.

c) The car will be worth $1000 after 12.7 years.

Step-by-step explanation:

The value of the car after t years is given by:

[tex]V(t) = 14651(0.81)^{t}[/tex]

According to the model, when will the car be worth V(t)?

We have to find t for the given value of V(t). So

[tex]V(t) = 14651(0.81)^{t}[/tex]

[tex](0.81)^t = \frac{V(t)}{14651}[/tex]

[tex]\log{(0.81)^{t}} = \log{(\frac{V(t)}{14651})}[/tex]

[tex]t\log{(0.81)} = \log{(\frac{V(t)}{14651})}[/tex]

[tex]t = \frac{\log{(\frac{V(t)}{14651})}}{\log{0.81}}[/tex]

(a) $8000

V(t) = 8000

[tex]t = \frac{\log{(\frac{8000}{14651})}}{\log{0.81}} = 2.9[/tex]

The car will be worth $8000 after 2.9 years.

(b) $6000

V(t) = 6000

[tex]t = \frac{\log{(\frac{6000}{14651})}}{\log{0.81}} = 4.2[/tex]

The car will be worth $6000 after 4.2 years.

(c) $1000

V(t) = 1000

[tex]t = \frac{\log{(\frac{1000}{14651})}}{\log{0.81}} = 12.7[/tex]

The car will be worth $1000 after 12.7 years.

sin 0
4. Find tan0 .
A.
B.
C.
D.

Answers

Answer:

A

Step-by-step explanation:

Answer:

D. 9/40 would be the answer.

Step-by-step explanation:

formula

sinQ= opp/hyp (9/41)

TanQ= opp/adj (which mean 9 /40)


A Ferris wheel has a radius
of 72 feet. What is the
distance a passenger will
travel one time around the
Ferris wheel?

Answers

Answer:

144

Step-by-step explanation:

radius is half of a diameter so that means you need to multiply 72 times 2

Point Q was rotated about the origin (0,0) by -165​

Answers

Answer:D

Did it on khan academy

Two people share proceeds of a business venture in the ratio 2:3 If the proceeds came to GHS 2,350,000 how much does each get?

Answers

Answer:

GHS 940,000 and GHS 1,410,000

Step-by-step explanation:

Total Ratio, thus 2+3 = 5 = 2,350,000

2/5 × 2,350,000 = 940,000

3/5 × 2,350,000 = 1,410,000

In conclusion, the money was shared at GHS 940,000 and GHS 1,410,000 among the two.

The average score of all golfers for a particular course has a mean of 64 and a standard deviation of 3.5 suppose 49 golfers played the course today find the average score of the 49 golfers exceeded 65 round to four decimal places

Answers

Answer:

0.3897

Step-by-step explanation: i g o o g l e it

125 a la octava potencia?
please lo necesito ​

Answers

no se si esté correcto, buena suerte!:)

At a party, if 1/5 of one sheet
cake is uneaten and Tom eats
1/6 of the uneaten cake, what
fraction of the original cake
did Tom eat?

Answers

Answer:

Step-by-step explanation:

He eats 1/6 or 1/5 of the original cake.

All  you need to do to get the answer is multiply the denominators.

1/5 * 1/6 = 1/30

If there was something in the numerators. you would multiply them too.

So suppose the two fractions were 3/5 and 2/7

The answer would be 3 * 2 / 5 * 7 = 6 / 35

General rule

When multiplying two fractions, multiply numerator * numerator / (denominator * denominator).

1. Select all the letters below that have a line of symmetry?
A. M
B. V
C. L
D. G
E. D

Answers

Answer:

A,M,V

Step-by-step explanation:

M,V,D. I hope this is right

Cos Y=?

5/13

5/12

12/13

Answers

Answer:

Cos Y = 12/13

Step-by-step explanation:

Recall, SOHCAHTOA.

Cos Y = Adjacent/Hypotenuse

Reference angle = Y

Adjacent = 12

Hypotenuse = 13

Therefore:

Cos Y = 12/13

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