Mathematics
Mathematics, 28.03.2020 00:59, mf7252001

Daniel had these daily balances on his credit card for his last billing period. He did not pay the card in full the previous month, so he will have to pay a finance charge.

His APR is 9.6%

His daily balances were:

3 days at $55.50
8 days at $160.00
9 days at $407.92
10 days at $30.00
What is Daniel's average daily balance on his credit card?

Round your answer to 2 decimal places!

Determine the monthly periodic (percentage) rate if your APR (annual percentage rate) is 26.0%

Round your answer to 1 decimal place.

Alicia is investing in a savings account that pays 3.5% interest compounded weekly.

She invests $3,385 for 15 years.

How much interest has she earned after 15 years?

Round your answer to 2 decimal places!

Alyssa wants to buy a new car and is planning to take out a loan to pay for the car.

Her loan amount is $22,000

Her interest rate is 1.5%

She plans to pay the loan off in 4.00 years.

What is the amount interest that Alyssa will pay on her loan?

Round your answer to 2 decimal places!

Liz works at a computer outlet. She receives a weekly salary of $300 plus 5% commission on her sales.

Last week, she sold $18,700 of computer equipment.

How much did Liz earn last week?

a) $300

b) $9,650

c) $1,235

d) $93,500

Ruth contributes 20% of the total cost of her health care.

This is a $97.50 deduction from her monthly paycheck.

What is the employer’s cost of her health care coverage?

a) $1170

b) $4680

c) $487.50

d) $5850

Jack and Jill have a joint checking account.

Their balance at the END of June was $4,742.75.

During the month they made deposits totaling $3,983.54, wrote checks totaling $2,275.90, paid a maintenance fee of $12.00, and earned $12.73 in interest.

What was the balance at the BEGINNING of the month?
Question 8 options:

a) $6,284.17

b) $1,708.37

c) $3,034.38

d) $11,026.92

answer
Answers: 3

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