Jose wants to pay off his credit card balances within 18 months. He is trying to decide if he should use his $1,750 in
savings to pay off part of the balances or if he should transfer the balances to a new card with a low introductory
rate. The new credit card has an introductory rate of 8% but charges a balance transfer fee of $60 for each balance
transfer. Jose decides to pay off Credit Card B using his savings and then transfer the balance of Card A to the new
card. Which of the following options shows the amount of Jose's new monthly payment?
Credit Card A: $1,154
Credit Card B $1,469
A. $90.43
B. $68.25
C. $71 80
D. $75.34

Answers

Answer 1

Answer:

ANSWER IS C: 71.80

Step-by-step explanation:

hope this helps :D you got this!!

Answer 2

The amount that corresponds to the new monthly payment of Jose is approximately $75.34. Hence, option D is correct.

What is use of credit card ?

Credit cards are a widely used financial tool that allow individuals to make purchases on credit. The main use of a credit card is to allow the cardholder to borrow money from the card issuer

If Jose decides to pay off Credit Card B using his savings of $1,750, he will have a remaining balance of $1,154 on Credit Card A.

If he transfers the balance of Credit Card A to the new card with a low introductory rate of 8%, he will incur a balance transfer fee of $60.

The total balance transferred =  $1,154 + $60 = $1,214.

To determine his new monthly payment, we need to calculate the monthly interest rate on the new card.

At an annual interest rate of 8%, the monthly interest rate is :

8% / 12 = 0.67%.

Using an online loan calculator or spreadsheet, we can calculate that the monthly payment required to pay off a balance of $1,214 in 18 months at a monthly interest rate of 0.67% is $75.34 (rounded to the nearest cent).

Therefore, the answer is D. $75.34, which represents Jose's new monthly payment.

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Related Questions

Please answer this!!! No links !!!

Answers

My work for your question

The Sugar Sweet Company will choose from two companies to transport its sugar to market. The first company charges
$2490 to rent trucks plus an additional fee of $200.75 for each ton of sugar. The second company charges $4500 to rent
trucks plus an additional fee of $100.25 for each ton of sugar.
For what amount of sugar do the two companies charge
the same?
What is the cost when the two companies charge the
same?

Answers

I think it's how you do this!

5495 + 200.75x = 7500 + 100.50x

100.25x = 2005

x=20 <- the amount of sugar at the equilibrium point.

7500 + 100.50(20)

7500 + 2005

$9505 <- the cost at that point. ■

Someone PLSSS HELP TYSM IF U DO

Answers

-41.2 minus (-37.4) is -3.8.

If this is incorrect, please, don't refrain to tell me. Thank you.

Answer: -3.8

Hope this helps!

MARKED BRAINLIEST!!!

Answers

Answer:

(3,-4)

Step-by-step explanation:

Sorry if it is wrong

The run is 2 rise is 3

Given right triangle ABC with altitude BD drawn to hypotenuse AC. If AB = 18
and AC 36, what is the length of AD?
A
D
36
18
B

Answers

Answer:

8 is the length

Step-by-step explanation:

The length of AD is 9 units from the given right triangle ABC.

What is a right triangle?

A right angled triangle is a triangle with one of the angles as 90 degrees. A 90-degree angle is called a right angle, and hence the triangle with a right angle is called a right triangle.

Given right triangle ABC with altitude BD drawn to hypotenuse AC.

Given that, AB = 18 and AC = 36

Using Pythagoras theorem

AC²=AB²+BC²

⇒ 36²=18²+BC²

⇒ BC²=1296-324

⇒ BC²=972

⇒ BC=31.18 units

We know that, area of a triangle =1/2 × Base × Height

= 1/2 × 31.18 × 18

= 280.62 square units

Now, area of a triangle ABC with base AC and height BD

That is, Area = 1/2 ×36×BD

⇒ 18BD=280.62

⇒ BD=280.62/18

⇒ BD=15.6

Consider ΔBDA

AB²=AD²+BD² (Pythagoras theorem)

18²=x²+15.6²

⇒ x²=18²-15.6²

⇒ x=9 units

Therefore, the length of AD is 9 units from the given right triangle ABC.

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Plzzzzzz heeelllpp. 20 pointsss

Answers

Answer:

Hello.

The answer to this question is  

− √ 2 − √ 3 /2

And in Decimal Form: − 0.25881904

Step-by-step explanation:

Give brainliest :)

Can Someone please help me out with this problem

Answers

Step-by-step explanation:

find the area as if it was a rectangle so do 14x12 then subtract the area of half a circle with a diamater of 12

If kobe had 30 girls and Shaq had 20 girls... How many more girls does Kobe have than Shaq?

Answers

Answer:

10 more shawties

Step-by-step explanation:

30-20 = 10

Laurie needs at least 40 pounds of topsoil for a new flower bed. Each bag of topsoil is 200 ounces. Laurie determines that if she buys 3 bags of topsoil she will have enough for the flower bed. Is Laurie correct? Why or why not?

Answers

Answer:

No she will not have enough topsoil for the flower bed.And she is not correct.Because every pound is 16 ounces.so 600 ounces is only 37.5 pounds

Step-by-step explanation:

3×200=600600÷16=37.5

Hope this helps :)

What is -8w-4 simplified?

Answers

[tex]\huge\red{\boxed{\tt{\colorbox{pink}{ANSWER:}}}}[/tex]

[tex] - 4(2w + 1)[/tex]

[tex]\huge\red{\boxed{\tt{\colorbox{pink}{Solution:}}}}[/tex]

[tex] - 8w - 4[/tex]

Bind the expression with the common factor -4

[tex] - 8w - 4[/tex]

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Answer: −4(2w+1)

Step-by-step explanation: Hope this help :D

What is the unit rate for the proportional relationship represented by the equation y=4/5x
Answer choices:
A:4/5
B:-2
C:4
D:5

Answers

Answer:

A: 4/5

Step-by-step explanation:

The equation for proportionality is y = kx, where k is the constant of proportionality. That is what you're looking for in this question.

So in y = 4/5x, 4/5 is the constant of proportionality/unit rate for the proportional relationship.

The 4/5 is the constant of proportionality/unit rate for the proportional relationship.

We have given that,

the unit rate for the proportional relationship is represented by the equation y=4/5x.

We have to determine the unit rate

What is the equation of proportionality?

The equation for proportionality is y = kx, where k is the constant of proportionality.

So in y = 4/5x,

The 4/5 is the constant of proportionality/unit rate for the proportional relationship.

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Which of the following equations represents this statement

Answers

Answer: 5n = 35

Step-by-step explanation:

The product of a number n and the number 5 is 35. This statement can be formed into an equation as:

n × 5 = 35

5n = 35

The equation is 5n = 35

If we want to get the value of the number, it'll be:

5n = 35

n = 35/5

n = 7

The number is 7

1) Find AC
2
А
24
118°
220
B

Answers

Ac is 40 because you add up the number and subtract by 180 which is 40 after all or that

what is the hypothesis of a triangle with a base of 11cm and height of 9cm

Answers

Answer:

14.21 cm

Explanation:

you mean the hypotenuse* lol

the hypotenuse = √(11²+9²)

the hypotenuse = √(121+81)

the hypotenuse = √(202)

the hypotenuse ≈ 14.21 cm

What is the concept of cause and effect?
A.
when an action causes something to come into effect
B.
when an action is caused but there is no resulting effect
C.
when an action doesn't actually have a resulting effect
D.
when an action leads to an effect that is not desired

Answers

Answer:

A.  when an action causes something to come into effect

Step-by-step explanation:

Mark as brainliest please. Hope the answer helps :)

Help I'll give Brainly

Answers

Answer:i think D

Step-by-step explanation:

For a school fundraiser, Percy bought a big box of rubber ducks and wrote prize amounts, in dollars, on the bottom of each rubber duck. The prize amounts were $5, $10, $20, $50, and $100. The number of ducks with each prize amount varied so that the total value for all the ducks with each prize amount was always $500.

Percy then put all the rubber ducks in his school’s swimming pool. At the fundraiser, participants used a long net to catch a duck from the pool. They won the amount written on the bottom of the rubber duck, and then they threw the duck back into the pool before the next person’s turn. Since the ducks were returned to the pool after they were caught, the chances of winning any particular amount remained the same.

Amir paid $15 to play the game once. If we assume he randomly selected a du

Answers

Answer:

i dont know

Step-by-step explanation:

The triangle and the trapezoid have the same area. Base b2 is twice the length of base b1. What are the lengths of the bases of the trapezoid? The area of the triangle is 65 cm squared

Answers

Answer:

[tex]b_1 \approx 7.2[/tex]

[tex]b_2 \approx 14.4[/tex]

Step-by-step explanation:

Given

[tex]Area = 65cm^2[/tex] --- Area of the triangle

[tex]b_2 = 2b_1[/tex] --- the bases of the trapezoid

The missing parameters is:

[tex]h=6 cm[/tex] --- Trapezoid height

Required

Determine b1 and b2

Since the areas of the trapezoid and the triangle are the same, then:

[tex]Area = \frac{1}{2}(b_1 + b_2) *h[/tex]

So, we have:

[tex]65 = \frac{1}{2}(b_1 +b_2) * 6[/tex]

Substitute[tex]b_2 = 2b_1[/tex]

[tex]65 = \frac{1}{2}(b_1 +2b_1) * 6[/tex]

[tex]65 = \frac{1}{2}(3b_1) * 6[/tex]

[tex]65 = 3b_1 * 3[/tex]

[tex]65 = 9b_1[/tex]

Solve for [tex]b_1[/tex]

[tex]b_1 = \frac{65}{9}[/tex]

[tex]b_1 \approx 7.2[/tex]

Substitute [tex]b_1 \approx 7.2[/tex] in [tex]b_2 = 2b_1[/tex]

[tex]b_2 \approx 2 * 7.2[/tex]

[tex]b_2 \approx 14.4[/tex]

The ordinate of every point on the x-axis is zero. True or false?

Answers

Answer:

true

Step-by-step explanation:

the first number is mostly known as 1 but actually is 0 because it is a separation between the negative and positive numbers

how would you do log(3250) without a calculator

Answers

Answer:

Step-by-step explanation:

It depends on what level you are. Logs are most easily developed by using a series for the natural logarithms (instead of base 10, you use base e). Even that is a difficult process using a series that you won't be introduced to until your second calculus course..

For now, I'd be content to use a calculator. The series does not converge terribly quickly.

Please help me on this! Name it like A, B, C, D

Answers

Answer:

B. -2_x_4÷3 this answer are not sure

Answer:

D

Step-by-step explanation:

-5 < 6x +3

-8 < 6x

-(4/3) < x

I use < to represent 'no no smaller than'

Find area of square
Pls help

Answers

Answer:

49/64 yd²

Step-by-step explanation:

since where finding a square we do

A = bxh

A = 7/8×7/8

A = 49/64

0.96÷104 i dont have big brain

Answers

Answer:

0.00923077

Step-by-step explanation:

thats it

Answer:

Your answer is 0.000096 if your question was 0.96÷10 with a power of 4.

HELP HELP ASAP ASAP WILL MARK BRAINLIEST
ANSWER BOTH PLEASE EASY POINTS

Answers

Answer:

1.) Hypotenuse.

The hypotenuse is the longer side.

2.)Leg

Answer:

1.) Hypotenuse

2.) Leg

Step-by-step explanation:

The legs or bases of a triangle are the sides connected to the right angle.

The hypotenuse is the side across from the right angle and is always the longest side.

Hiiioo :D can someone please help. I really need help. Much love ❤️❤️❤️

Answers

Answer:

The answer is the second one!

Have a wonderful day/night! <3

Can someone help me with this. Will Mark brainliest.

Answers

Answer: I think it’s False I’m not sure

Answer:

it's false because isosceles is convex quadrilateral with line of symmetry

When Daniel left his house in the morning, his cell phone battery was partially
charged. Let B represent the charge remaining in Daniel's battery, as a percentage,
hours since Daniel left his house. The table below has select values showing the linear
relationship between t and B. Determine how much battery life Daniel's phone
would have 1.5 hours after leaving his house.
t
B
1
27.5
2.5
19.25
4
11

Answers

Answer:

24.75 percents

Step-by-step explanation:

Are the triangles congruent ? Please answer correctly !!!!!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!!!!!!!

Answers

Answer:

no

Step-by-step explanation:

they are not

Answer:

No

Step-by-step explanation:

because the angles are not equal. If they were they would have the same numbers.

Help please I need help

Answers

Answer:

12=4 3          4=2 2

Step-by-step explanation:

Which function has a graph with
x-intercepts of (-2, 0) and (7,0)?

The photo is the answers

Answers

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Answer is A
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