If jordan makes only the minimum monthly payments in march, april, and may, what will his balance be after he makes the minimum payment for may? (assume that interest is compounded before the monthly payment is made, and that the monthly payment is applied at the end of the month. round all dollar values to the nearest cent.) a. $1,094.10 b. $988.97 c. $967.60 d. $1,070.23

Answers

Answer 1

The balance of Jordan, after he makes the minimum payment for may, when he makes only the minimum monthly payments in March, April, and May, is $988.97.

What is monthly payment?

Monthly payment is the payment which has to paid against the loan amount or the borrowed money calculated with interest rate.

The monthly payment is the amount which is required to pay each month to pay off the borrowed principal amount.

Jordan’s credit card has an APR of 10.59%, compounded monthly. He is required to make a minimum payment of 3.96% of his current balance every month.

At the beginning of March, Jordan had a balance of $628.16 on his credit card. The following table shows his credit card purchases over the next few months.

Month     Cost ($)   Start      $628.16    March     50.81 March    48.04 April       77.36 April       32.40 April       49.20 May        25.79 May        79.39 May        79.08

The total amount at the end of March is 727.01. With interest rate of 3.96% it will become, $755.8. Now, this is initial balance for April.

The total amount at the end of April is 914.76. With interest rate of 3.96% it will become, $950.98.

The total amount at the end of May is 1135.24 With interest rate of 3.96% it will become, $1180.19. For may, the minimum payment he paid.

Jordan’s credit card has an APR of 10.59%, compounded monthly. Thus, after the compounded interest with APR 10.59%, the amount will be $988.97, if he pay minimum payment for may.

The balance of Jordan, after he makes the minimum payment for may, when he makes only the minimum monthly payments in March, April, and May, is $988.97.

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Answer 2

Answer:B

Explanation: right on eng


Related Questions

The first term of a geometric sequence is 8 and the fourth term is 216. what is the sum of the first 12 terms of the corresponding series?

Answers

The sum of the 12 terms of a geometric sequence with first term as 8 and fourth term as 216 is 2125760

Geometric sequence

The formula to solve geoemtric sequence is as follows:

aₙ = arⁿ⁻¹

where

a = first termn = number of termsr = common ratio

Therefore,

ar³ = 216

a = 8

Hence,

8r³ = 216

r³ = 216 / 8

r³ = 27

r = ∛27

r = 3

Therefore,

sum of 12 term = a(rⁿ - 1) / r - 1

S₁₂ = 8(3¹² - 1) / 3 - 1

S₁₂ = 8(531440)  / 2

S₁₂ = 4251520 / 2

S₁₂ = 2125760

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Select the correct answer. what happens to the molecules within a gas when the gas condenses? a. they gain energy. b. they lose energy. c. they drift apart. d. they move faster.

Answers

Answer:

Answer is B

Explanation:

An employee at a construction company earns $33,000 for the first year of employment. employees at the company receive raises of $2400 each year. write a rule for the salary of the employee each year. then complete the table for the first 8 terms of the sequence.

Answers

The rule for the salary of the employee each year is $33,000 + $2,400n

Where n represents the number of years.

The completed table is:

n  dn

1      $35,400

2     $37800

3     $40,200

4      $42,600

5      $45,000

6        $47,400

7        $49800

8       $52,200

What is the salary rule?

The equation that can be used to determine the employee's salary in a given year is:

Total salary = initial salary + (rate of increase in salary x number of years)

$33,000 + $2,400n

Total salary in year 1 =  $33,000 + $2,400(1) = $35,400

Total salary in year 2 =  $33,000 + $2,400(2) = $37,800

Total salary in year 8 =  $33,000 + $2,400(8) = $52,200

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Why did they agree to not tell the italians where they came from?

Answers

Answer:

The Italians would think they were demons

Explanation:

"The superstitious character of the Italians would have

been at work, and we should have been called demons vomited

from the infernal regions."

Question 1 with 1 blank el carro tuyo es azul. (yo) 1 of 1 es rojo. question 2 with 1 blank el televisor nuestro es pequeño. (ustedes) 1 of 1 es grande. question 3 with 1 blank la impresora mía es rápida. (ella) 1 of 1 es lenta. question 4 with 1 blank la computadora suya es vieja. (tú) 1 of 1 es nueva. question 5 with 1 blank los teléfonos suyos son caros. (nosotros) 1 of 1 son baratos.

Answers

According to the context and following the model, using the possessive form the sentences are written as follows:

El carro tuyo es azul/ El carro mío es rojo. El televisor nuestro es pequeño/ El televisor de ustedes es grande.La impresora mía es rápida/ La impresora de ella es lenta.La computadora suya es vieja/ La computadora tuya es nueva. Los teléfonos suyos son caros/ Los teléfonos nuestros son baratos.

Translation:

Your car is blue/My car is red.Our TV is small / Your TV is big.My printer is fast/ Her printer is slow.His computer is old/ Your computer is new.Their phones are expensive/ Our phones are cheap.

What is the possessive form?

It is the one that expresses possession or belonging and there are two types, on the one hand the possessive determiners that are placed before the noun and on the other hand the possessive pronouns that are placed after the noun.

Its main function is morphematic: they express the category of person and number, modifying a noun and imprinting a sense of belonging to something or someone.

Therefore, we can conclude that possessives are related to personal pronouns, since they indicate which person owns something or someone.

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In this excerpt, president reagan is referring to what would become known as-

Answers

Using the excerpt, President Reagan is referring to what would become known as the Iran-Contra affair.

What describes the Iran Contra affair?

This is known to be a kind of secret arms deal that exist between US na d their known enemy.

The Iran-Contra Affair was known to be a type of secret operation where the US government were said to have in secret, Illegally sent weapons to a their known enemy and they were also said to have sent financial aid to a rebel force.

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Choose the word that can not complete the sentence. está _____ .

Answers

Answer:

esta bien

Explanation:

is that okay

esta bien

In a campaign speech, a candidate criticizes an opponent for voting in favor of a controversial bill that both of them actually supported. in what way is this tactic most likely deceptive towards voters? a) it dupes voters by using greatly inflated claims b) it distracts voters by appealing to their emotions. c) it misleads voters by omitting critical information. d) it confuses voters by accusing the opponent falsely.

Answers

Answer:  It misleads voters by omitting critical information

Explanation:

Trust me

A 100.0 ml sample of 0.18 m hclo4 is titrated with 0.27 m lioh. determine the ph of the solution at the equivalence point.

Answers

Answer: 7

Explanation:

The volume of 0.18 M HClO4 is 100.0 mL.

Calculate the number of moles of 0.18 M HClO4 and 0.27 M LiOH as shown below:

[tex]$$Number of moles $=$ Concentration $\times$ Volume$$\begin{aligned}\text { Number of moles of } \mathrm{HClO}_{4} &=100.0 \mathrm{~mL} \times\left(\frac{1 \mathrm{~L}}{1000 \mathrm{~mL}}\right) \times\left(\frac{0.18 \mathrm{~mol}}{\mathrm{~L}}\right) \\&=0.018 \mathrm{~mol} \\\text { Number of moles of } \mathrm{HClO}_{4} &=66.67 \mathrm{~mL} \times\left(\frac{1 \mathrm{~L}}{1000 \mathrm{~mL}}\right) \times\left(\frac{0.27 \mathrm{~mol}}{\mathrm{~L}}\right) \\&=0.018 \mathrm{~mol}\end{aligned}$$[/tex]

[tex]$$Moles of both acid aand base are equal.\\ $\mathrm{HClO}_{4}$ is a strong acid and $\mathrm{LiOH}$ is a strong base.[/tex]

At the equivalence point, the number of moles of the acid completely reacted with all the moles of the added base. Thus, the solution becomes neutral in nature. The pH of a neutral solution is 7. Therefore, the pH of the solution at the equivalence point is 7.

A resident right is something that a person is always entitled to

Answers

Answer: Heyo Kenji Here! Here's your answer ^^ - Resident Rights include: dignity, respect, individual choice, privacy, confidentiality, active care participation, and filling complaints/grievances. Select the response that is not considered to be a Resident's right to choose. A) Resident can choose to participate in activities inside and outside the facility.

Explanation: Hope This Helps!

have a nice day!-Kenji

A population of 250 birds inhabit the canopy of a tropical rain forest that has a carrying capacity of 400 birds. what is the maximum population growth rate (rmax) if the population grows to 283 in one year?

Answers

The maximum population growth rate (rmax) if the population grows to 283 in one year is = 13.2%

What is maximum population growth rate?

The growth rate of a given population is the intrinsic rate of increase of that population.

To calculate the growth rate of a population the following is done:

The past value is subtracted from the present value. That is, 283- 250 = 33

Divide the number gotten from the past value. That is, 33/250 = 0.132

Multiply your answer by 100 to express it as the percentage rate. That is, 0.132 × 100 = 13.2%

Therefore, the maximum population growth rate (rmax) if the population grows to 283 in one year is = 13.2%

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Which situation would cause the price of a product to fall the most

Answers

Answer:

which the supply is higher than the demand or a decrease in production materials or a company at the brink of bankruptcy

Gabriel leans a 18-foot ladder against a wall so that it forms an angle of 73^{\circ} ∘ with the ground. how high up the wall does the ladder reach? round your answer to the nearest hundredth of a foot if necessary.

Answers

How high up the wall does the ladder reach is 17.21 ft.

To solve the question, we need to know what right-angled triangles are.

What is a right-angled triangle?

A right-angled triangle is a triangle in which the angle facing the longest side is 90°.

The required right-angled triangle

The ladder, the ground and the wall form a right angled triangle with hyptenuse side, length of ladder, L and opposite side to angle between ground and ladder, Ф = 73° is h. Opposite side equals height of ladder along wall, h.

How high up the wall does the ladder reach?

From trigonometric ratios

sinФ = h/L

h = LsinФ

Substituting the values of the variables into the equation, we have

h = LsinФ

h = 18 ft × sin73°

h = 18 ft × 0.9563

h = 17.21 ft

So, how high up the wall does the ladder reach is 17.21 ft.

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An enzyme speeds up a chemical reaction in the cell but can only be used once.

Answers

Answer:

An enzyme speeds up a chemical reaction in the cell, but it can only be used once.

Explanation:

Determine whether each of the following is a characteristic of a protist, fungus, or both.

Answers

The characteristic is that

Mycelium-FungiHeterotrophic-BothPseudopods-Protists

What does Fungi do?

The others are:

Contain cell walls with chitin- Fungi Fruiting body- FungiFlagellum- Protists

Fungi is known to be an organisms that are vital for decomposing and recycling. Note that they have a kind of symbiotic relationships with other organisms so as to be able to exchange nutrients.

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I was called into service to lead the union troops because i can outkill or outlast my enemy. i am a father of the concept of modern war. who am i?

Answers

Answer:

a marine hoo-rah

Explanation:

me is smart

What did germany think would motivate mexico to declare war on the united states?

Answers

Answer: Regaining territories in the American South West.

For the year ended december 31 depot max's cost of goods sold was 56900

Answers

I need points that is the only reason I’m sending this. Good luck!

A consumer charges a $46.92 purchase on a credit card. the card has a daily interest rate of 0.039%. if the consumer pays off the balance at the end of 30 days, how much in interest will be paid for the purchase? a. $0.06 b. $0.18 c. $0.55 d. $5.49 please select the best answer from the choices provided. a b c d

Answers

The interest that will be paid for a period of 30 days at an interest rate of 0.039% will $0.55

Interest Rate Computation

Given Data

Charge on purchase = $46.92Daily interest Rate = 0.039%Number of Days = 30

Let us find the daily amount in Interest

= 0.039/100*46.96

= 0.0182988

Hence the daily interest made will 0.018

Also, for 30 days the accrued amount will be

= 0.18*30

= 0.548964

= $0.55

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Answer:

C. $0.55

i got 100%

Explain what the notation lim f(x)=-infinity means

Answers

Answer:

You are finding the horizontal asyemtopes/end behavior of the graph.

Explanation:

You are finding the horizontal asyemtopes/end behavior of the graph.

Use the standard normal form table to find p(z ≤ 0.82). p(z ≤ 0.82) ≈

Answers

Using the standard normal form table to find the probability is; p(z ≤ 0.82) ≈ 0.7939

How to Interprete Standard Tables?

When talking about z-score in standard normal distribution, there could be greater than or equal to, less than or equal to, greater than, less than.

Now, in this case, we are dealing with the probability of p(z ≤ 0.82). This gives;

p(z ≤ 0.82) = 1 - 0.2061

p(z ≤ 0.82) = 0.7939

Thus, from normal form table,  p(z ≤ 0.82) ≈ 0.7939

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Answer:

79%

Explanation:

Use the model here to describe the transfer of matter and flow of energy

Answers

Answer:

In ecosystems, matter and energy are transferred from one form to another. Matter refers to all of the living and nonliving things in that environment. Nutrients and living matter are passed from producers to consumers, then broken down by decomposers. Decomposers break down dead plant and animal matter.

A female mosquito can produce 50-500 offspring in a two-week period of time. this rapid reproduction can also result in fast evolution for this small insect species. for example, pesticide resistance occurs rapidly in insects, including mosquitoes. insecticides that were once effective at eradicating mosquito populations are no longer effective. which component of natural selection is likely playing a role in this rapid evolution for mosquitos?

Answers

They produce more offspring than can survive in their lifetime. Offspring are varied genetically, with differential survival and reproduction.

What are mosquitoes?

Mosquitoes are ectoparasites, that feed on the blood of different animals. They do that by sucking blood from the skin of animals and leave red spots that are itchy.

Now, mosquitoes lay their eggs in water and live in dirty, moist, dark places. They are also responsible to cause malaria in humans.

Thus, we can say that produce more offspring than can survive in their lifetime. Offspring are varied genetically, with differential survival and reproduction.

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Which sales channel has been opened to manufacturers because of digital tools

Answers

The sales channel that has been opened to manufacturers because of digital tools is called; Direct to Consumers

What is the sales channel?

A sales channel is defined as the way in which a business-to-business (B2B) sales organization goes to market, either through direct or indirect routes, to sell its product or solutions to end customers.

Since we are in a digital era now, consumers can be able to make purchases for products through online sales platforms and the goods will be delivered to the person's address.

Thus, the sales channel opened to manufacturers because of digital tools is called Direct to Consumers.

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How many identification code are possible by using 3 letters if no letter may be repeated?

Answers

Answer:

8 sorry if im wrong

Explanation:

Answer:

If there are 4 letters so the Answer will be 358,800 Maybe if you Calaculate for 3 it would be 15600.\

Hope this helps you!!

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Which best summarizes the central idea in the excerpt? tan is troubled by the way her mother uses the english language. tan is uncomfortable using negative terms to describe her mother’s english. tan has difficulty trying to explain what she means when she writes in english. tan has found that the english language is lacking in descriptive word choices.

Answers

The statement which best summarizes the central idea in the excerpt is "Tan is uncomfortable using negative terms to describe her mother’s english".

The excerpt from "Mother Tongue" by Amy Tan.

Lately, I’ve been giving more thought to the kind of English my mother speaks. Like others, I have described it to people as “broken” or “fractured” English. But I wince when I say that. It has always bothered me that I can think of no other way to describe it other than “broken,” as if it were damaged and needed to be fixed, as if it lacked a certain wholeness and soundness.

Therefore, it can be seen that Tan feels uncomfortable using negative terms such as broken and fractured to describe her mother's English.

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Answer:

B

Explanation:

Edge 2022

How have scientific advancements helped reduce the impact of hazardous events on society?

Answers

Explanation:

Scientific advancements have led to the ability to detect some hazardous events before they occur, allowing society to plan for them, mitigating their damage.

Which best describes the formation of metamorphic rock?

Answers

Rock—> high heat—>high pressure—>mineral fluids booom

How tall is steve in feet and inches according to the game’s scale?

Answers

Steve is a rather impressive 6 foot, 2 inches. That works out at 1.875m, which makes him fairly tall.

Use an online search engine to find a trusted online dictionary then examine the meaning of the word recalcitrant. describe the word’s origin, the most common meaning of the word, two synonyms, and two antonyms.

Answers

The word 'recalcitrant' has a Latin origin (calcitrare) and was originally used for describing "to kick" actions.

What does recalcitrant mean?

Recalcitrant is a word derived from calcitrare (Latin) and originally used for indicating "to kick" actions.

A person considered 'recalcitrant' is someone who is obstinately defiant of authorities and/or social restraints.

Two synonyms of this word (recalcitrant) may be ungovernable and insubordinate, whereas two antonyms include docile and subordinate.

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Answer:

"Recalcitrant" comes from the Latin word "recalcitrare," which means "to be disobedient." The word "recalcitrant" means "stubbornly resistant." Two synonyms are "obstreperous" and "willful." Two antonyms are "compliant" and "obedient."

Explanation:

im on edge rn so .,.

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