subject
Mathematics, 22.02.2022 15:20 allie2290

Card Name (APR %) Existing Balance Credit Limit Bank of Gable (6.1%) $445.81 $3,000.00
Taylor Express (9.8%) $1,007.24 $2,500.00
ALTERNATE 1.9 Portfolio

You have $450.00 each month to pay off these two credit cards. You decide to pay only the interest on the lower-interest card and the remaining amount to the higher interest card. Complete the following two tables to help you answer questions 1–3.

Higher-Interest Card (Payoff Option)
Month 1 2 3 4 5
Principal
Interest accrued
Payment (on due date)
End-of-month balance

Lower-Interest Card
Month 1 2 3 4 5
Principal
Interest accrued
Payment (on due date)
End-of-month balance

1) How long does it take to pay off the higher-interest card?
2) What is the amount of the last payment on the higher-interest card? Why?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
The final cost of a sale is determined by multiplying the price on the tag by 75%. which best describes the function that represents the situation?
Answers: 1
question
Mathematics, 21.06.2019 19:10
Angle xyz is formed by segments xy and yz on the coordinate grid below: a coordinate plane is shown. angle xyz has endpoints at 3 comma negative 1 and 6 negative 2 and 3 comma negative 3 and measures 36.87 degrees. angle xyz is rotated 270 degrees counterclockwise about the origin to form angle x′y′z′. which statement shows the measure of angle x′y′z′?
Answers: 2
question
Mathematics, 21.06.2019 20:30
3.17 scores on stats final. below are final exam scores of 20 introductory statistics students. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 57, 66, 69, 71, 72, 73, 74, 77, 78, 78, 79, 79, 81, 81, 82, 83, 83, 88, 89, 94 (a) the mean score is 77.7 points. with a standard deviation of 8.44 points. use this information to determine if the scores approximately follow the 68-95-99.7% rule. (b) do these data appear to follow a normal distribution? explain your reasoning using the graphs provided below.
Answers: 1
question
Mathematics, 21.06.2019 21:10
The vertices of a triangle are a(7.5), b(4,2), and c19. 2). what is
Answers: 1
You know the right answer?
Card Name (APR %) Existing Balance Credit Limit Bank of Gable (6.1%) $445.81 $3,000.00
Taylo...
Questions
question
Arts, 24.11.2020 23:40
Questions on the website: 13722363