Mathematics
Mathematics, 22.10.2019 20:00, budjasdatazaki467

May currently has a balance of $1,817.43 on her credit card. if she must make a minimum monthly payment of 3.44% of her total balance, what is her minimum payment, to the nearest cent? a. $5.21 b. $62.52 c. $40.84 d. $51.49

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Mathematics, 03.08.2019 10:30, timijebs
Marilyn has two credit cards, d and e. card d has a balance of $691.64, and card e has a balance of $1,014.22. the minimum monthly payment on card d is 3.57% of the total balance, and the minimum monthly payment on card e is 2.51% of the total balance. how much greater is the minimum payment on card e than on card d? a. $18.85 b. $8.10 c. $11.24 d. $0.77 select the best answer
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Mathematics, 27.08.2019 08:30, luzcastellanos556
Rachel has developed a plan to start paying off her credit card debt, and has stopped making purchases with her credit card. she has a credit card balance of $1,120.87. her card has an apr of 14.12%, compounded monthly, and has a minimum monthly payment of 3.15% of the total balance, which is calculated after the monthly interest. rachel has decided to pay off her debt by making identical monthly payments over a period of two years. if she starts this month, how much greater will her first payment be than the minimum payment required? (round final answer to the nearest dollar.)
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Mathematics, 19.09.2019 06:01, thepatatolife
Rachel has developed a plan to start paying off her credit card debt, and has stopped making purchases with her credit card. she has a credit card balance of $1,120.87. her card has an apr of 14.12%, compounded monthly, and has a minimum monthly payment of 3.15% of the total balance, which is calculated after the monthly interest. rachel has decided to pay off her debt by making identical monthly payments over a period of two years. if she starts this month, how much greater will her first payment be than the minimum payment required? (round final answer to the nearest dollar.) a. $17 b. $14 c. $19 d. $11
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Computers and Technology, 30.09.2019 20:00, hwhite41
Write a program to calculate the credit card balance after one year if a person only pays the minimum monthly payment required by the credit card company each month. the following variables contain values as described below: balance - the outstanding balance on the credit card annualinterestrate - annual interest rate as a decimal monthlypaymentrate - minimum monthly payment rate as a decimal for each month, calculate statements on the monthly payment and remaining balance. at the end of 12 months, print out the remaining balance. be sure to print out no more than two decimal digits of accuracy - so print remaining balance: 813.41 instead of remaining balance: 813.4141998135 so your program only prints out one thing: the remaining balance at the end of the year in the format: remaining balance: 4784.0 a summary of the required math is found below: monthly interest rate= (annual interest rate) / 12.0 minimum monthly payment = (minimum monthly payment rate) x (previous balance) monthly unpaid balance = (previous balance) - (minimum monthly payment) updated balance each month = (monthly unpaid balance) + (monthly interest rate x monthly unpaid balance)
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