Mathematics, 08.06.2021 18:00, BaileyElizabethRay

Instructions: Type your response in the box Steve signs up for his first credit card and is reading about interest rates. After buying a laptop for school with the card, he builds the following function to model how much he will owe it he makes no
payments on the card after t years.
f) = 1,000 (1.2)'
Part A Is the amount of money Steve owes growing or shrinking? What portion of the function indicates this?
Part B. What interest rate is Steve paying on his card? What portion of the function indicates this?
Part C. Steve has heard that credit card interest rates are very high. How much money will he owe after 5 years? How does this amount differ from the $1,000 he spent on the laptop?
no

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:00, Broov

Asap the total attendance for all of a baseball league in 2012 was about 7.5×107 fans, while the attendance for the tornadoes in 2012 was about 1.5×106 fans. about how many times more was the attendance for the entire baseball league than the attendance for just the tornadoes? 50 times more 10 times more 2 times more 5 times more

Answers: 2

continue

Mathematics, 21.06.2019 18:00, kcarstensen59070

Question: a) does the given set of points represent a linear function? how do you know? b) assume that the point (-2,4) lies on the graph of a line. what y-values could complete this set of ordered pairs that lie on the same line: (- (hint: there are several correct answ

Answers: 2

continue

Mathematics, 21.06.2019 19:50, electrofy456

What is the result of the following division?

Answers: 1

continue

Mathematics, 21.06.2019 22:30, mbalderp5bxjo

Solve for x. −3/4(x+2)=6 enter your answer in the box

Answers: 1

continue

Do you know the correct answer?

Instructions: Type your response in the box Steve signs up for his first credit card and is reading...