Studies show that the average American has $4,878 in credit card debt with an average interest rate of 12.78% compounded monthly. If it took the average American 20 years to pay off their debt, how much would they be paying total?

Formula to use: y = a * b^x (or a = p(1+r/n)^nt)

$62,005.34

Step-by-step explanation:

If the interest rate is 12.78% compounded monthly, we can use the formula a = p(1+r/n)^nt

where a is the final value to be paid, p is the inicial value, r is the interest rate, n is the number of months in a year and t is the time in years

So, the total debt will be:

y = 4878 * (1+0.1278/12)^240 = $62,005.34

it is c, trust i got your back lol

step-by-step explanation:

solution:

we have to construct

∠m nt ≅ ∠p qr

the steps to draw this construction are

step 1: use a compass to draw an arc from point q which intersects the side pq at point a and the side qr at point b.

step 2: draw a segment nt and use the same width of the compass to draw an arc from point n which intersects the segment nt at a point x.

step 3:

step 4: join points n and y using a straightedge.

step 3:

option (d).maintaining the same width of the compass as ab, draw an arc from point x such that it intersects the arc drawn from n in a point y.

to draw   congruent angles , 1. width of compasses while drawing two angles should be same i.e from point at which angle has to be drawn, 2.the distance between the two points where the compass intersects the two sides should be same while drawing any two congruent angles.