A customer has a credit card that charges 18% simple interest every year. How much interest will the customer save
by paying off a credit card debt of $5,000 at the end of 1 year instead of at the end of 3 years?

Answers

Answer 1

The customer will save interest by paying off a credit debt is $1,800 at the end of 1 year instead of at the end of 3 years

What is simple interest?

Simple interest is the concept that is used in many companies such as banking, finance, automobile, and so on.

A customer has a credit card that charges 18% simple interest every year.

The customer saves by paying off a credit card debt of $5,000 at the end of 1 year instead of at the end of 3 years.

Interest for three years will be

[tex]\rm A_3 = \dfrac{PRT}{100}\\\\\\A_3= \dfrac{5000*18*3}{100}\\\\\\A_3= 2700[/tex]

Interest for one year will be

[tex]\rm A_1 = \dfrac{PRT}{100}\\\\\\A_1= \dfrac{5000*18*1}{100}\\\\\\A_1= 900[/tex]

The saved amount will be

A = A₃ - A₁

A = 2700 - 900

A = 1800

The customer will save interest by paying off a credit debt is $1,800 at the end of 1 year instead of at the end of 3 years

More about the simple interest link is given below.

https://brainly.com/question/2793278

Related Questions

Find the unit rate.
"350 papers for $140

Answers

Answer:

2.5 papers per dollar

Step-by-step explanation:

use a calculator and do 350/140

Answer:

2.5

Step-by-step explanation:

take the number of papers and divide it by cost to determine the number of papers/dollar

350/140

(kinda like a fraction, ima just simplify to make it easy to see the answer)

35/14

5/2

2 1/2

Hope This Helps

Which graph best represents a system of equations that has no solution?

Answers

Answer: D

Step-by-step explanation: for each answer they were at least going to interact with each other, unlike answer D

I’ll mark you brainlist

Answers

Answer:

C=5

Step-by-step explanation:

23+(-3)=20

20=4c

4*5=20

Answer:

c=5

Step-by-step explanation:

Question 18 of 25
If f) =3*+ 10 and glx) = 2x- 4, find (f+ 9)().
OA. (f+ )() = 5x +6
OB. (f+ g)() = 3*+ 2x+ 6
OC. (f+ 9)() = 3r- 2x+ 14
O D. (f+ 9)() =-3*- 2x-14
SUBN

Answers

Answer:

C. (f+ 9)() = 3r- 2x+ 14

Step-by-step explanation:

Last year Anthony earned $24,000. After a brief lay-off this year, Anthony’s income is $18,500.

A.
30% increase

B.
30% decrease

C.
23% increase

D.
23% decrease

Answers

30% decrease because it’s all about subtract

I will give u a thank you

Answers

Answer:

The first one

Step-by-step explanation:

3x6=18

3.6x5=18

Can someone explain Slope to me? I literally have no idea what is from my teacher or from Aleks. I don't get what y1 and y2 are and i don't get what rise or run is. I have no idea how to get slope (brainliest for whoever explains a function too)

Answers

Yeah, I know Alex sucks. SO slope is the change in Y over x. So to find slope for ex. is lets use points (8,4) and (6,5) the equation to find slope is Y2-Y1 over X2-X1 or Y2-Y1 / X2-X1 and that basically the y's on the points you have. In this case it will be 4 and 5 since y always comes second or after the x. What I like to do is this X1(8), Y1(4) and X2(6), Y2(5). After you have that set up you just put them in the equation it will be 5-4/6-8 which is -1/2 use calculator. So Y is the y-axis and X is the x-axis.

Function is when every input(x) has only one output(y) . For example if we have the table

X,1 , 4 , 5, 9, 10 this is not a function because the -3 has both 9 and 10 for an output.

Y,2, 6 ,6, -3 , -3

A function will look more like this

1 2 3 4 5 6

2 4 6 8 10 12 every output has only one input

I recommend to watch Brian McLogan on youtu he can really help. Just search anything then his name. Or even Function then his name he explains it really well.

Convert 5.7 yards to feet

Answers

Answer:

17.1 ft

Step-by-step explanation:

Please find what X equals -

5^6x+7 = 761

Answers

Answer:

What grade? 10th?

Step-by-step explanation:

BRAINLIEST!! Can someone help me with the following problem?

(- 2*10+2)/3 +14*2-5+9=y

Solve for "y" :)

Answers

I believe that the answer is 26 but I’m not completely sure
Have a nice day :)

Triangle B is a(n) ______________________ of Triangle A?
A) Reduction
B) Enlargement

Answers

Answer:

Enlargment

Step-by-step explanation:

IF 26% OF A NUMBER IS 65 ,FIND THE NUMBER ?
plzz ans!

Answers

Answer:

48.10 dollars

Step-by-step explanation:

I think JDJDKDIDID

Answer:

250

Step-by-step explanation:

Multiply 100 by 65 and divide that by 26.

Find the midpoint of the line segment with end coordinates of: ( − 1 , 7 ) and ( 3 , − 2 ) Give coordinates as decimals where appropriate.

Answers

the midpoint is ( 1 , 2.5 ) . hope that helps ❤️

Help I forgot! How do you find slope? I have the change, but need the slope!

Answers

Answer:

(y2 - y1)/(x2-x1)

Step-by-step explanation:

if you have 2 points (x1,x2) and (y1,y2), just plug it in the formula for slope m

m = (y2 - y1)/(x2-x1)

rise over run! count the rise and count the run and make it a fraction and solve

The graph of p(x) = 4(x - 1)2+8 will be translated 10 units down, producing the graph of g(x).
Which equation represents the new function, 9(x)

Answers

Make them same denominator
1/3 * 3/3 = 3/9
Now add them
3/9 + 4/9 = 7/9

Answer:

7/9

Step-by-step explanation:

To add fractions, you have to have like denominators. First find the LCM (Least Common Multiple) of both denominators. That is 9. The second fraction already has a denominator of 9, so leave it as is. The first fraction doesn't so what will happen is you will be converting it into a fraction with a denominator of 9. Multiply the denominator by 3 to get 9. Then multiply the top by 3 because whatever you do to the bottom you do the top. You will then get 3/9. 3/9+4/9 is equal to 7/9 because you just add the numerators, but keep the denominators the same.

Does anyone know the answer to this question. I already tried A and C.

Answers

I think the answer would have to be D. If the diameter, which is the distance from one point on the circle through the center to another point on the circle, is halved then the amount of concrete that will be needed will be multiplied by 4. I think that's right I am so sorry in advance if that was incorrect. Have a beautiful rest of your day. Stay safe. C O V I D - 1 9 IS REAL THIS COULD MEAN YOUR LIFE!!!

Rachel signed up for a frequent-flier program. She receives 4,300 frequent-flier miles for her first round trip and 1,900 frequent-flier miles for each additional round-trip. How many frequent-flier miles will she have after 5 round-trips?

Answers

Answer: 13800 frequent-flier miles

Step-by-step explanation:

From the question, we are informed that Rachael receives 4,300 frequent-flier miles for her first round trip and 1,900 frequent-flier miles for each additional round-trip.

The number of frequent-flier miles she will she have after 5 round-trips will be:

= 4300 + 1900(5)

= 4300 + 9500

= 13800 frequent-flier miles

Expand and simplify
(3x + 2)(x - 1)

Answers

I’m pretty sure the answer is 3x^2 - x - 2

Jerry eats 3 pickles in 2 minutes. How many pickles will he eat in 10 minutes?
Terrance makes 8 free-throws out of 40. What percent of the free-throws did Terrance make?
Lamont picks 12 boogers in 5 minutes. If he picks his nose for 20 minutes, how many boogers will he get?
Reevis answers 18 math questions correct and scored a 75%. How many total questions are on the quiz?
DO
Aj fights 16 clowns in the streets in 12 minutes. How many will he have fought after 18 minutes?

Answers

1) Jerry will eat 15 pickles in 10 minutes.
2) Terrance made 20% of his free-throws.
3) Lamont will get 48 boogers in 20 minutes.
4) There are 24 total questions on the quiz.
5) Aj will have fought 24 clowns after 18 minutes.

Answer:

Jerry will eat 15 pickles in 10 minTerrance made 20% of his free throwsLamont will get 48 boogers in 20 minutesthere are 24 questions on the quizAn will have fought 24 clowns after 18 minutes

Hope this helps youMark my answer as brainalist please

please help me with the question

Answers

Answer:

D. If you go through all the equations they all come out true beside this one. With this one Alisha pays $1,480 which is less than $1,500

Find the percent of change:
From 64 feet to 48 feet

Answers

Answer:16

Step-by-step explanation:

Using this tool you can find the percent Decrease for any value. So, we think you reached us looking for answers to questions like:

1) What is the percentage Decrease from 64 to 48? 2) What is the absolute Decrease from 64 to 48. Or may be: What is the percent change from 64 to 48?

See the solution to these problems just after below.

How to calculate percent change - Step by Step

Percent increase or decrease measures percent changes between two values. Use this calculator when comparing an old value to a new value.

The Percent Calculator (Change) uses this formula:

% change = New Value - Old Value|Old Value|× 100%

Where |Old Value| represents the absolute value of the reference (this is made in order to work well with both positive and negative values of Old Value and New Value. Note that percent change and relative change mean the same thing. It can be a percent increase or a percent decrease depending on the new and the old values. If the new value is greater than the old value, the result will be positive and we will have a increase. On the other hand, if the new value is smaller than old value, the result will be negative and we will have a we have a decrease. The old value, as a reference, may be: a theoretical, the actual, the correct, an accepted, an optimal, the starting, and so on. See more about percent percent change here.

Here are the solutions to the questions stated above:

1) What is the percentage decrease from 64 to 48?

Use the above formula to find the percent change. So, replacing the given values, we have

Percent change = 48 - 6464 x 100 = -25 % (decrease)

Where: 64 is the old value and 48 is the new value. In this case we have a % of decrease because the new value is smaller than the old value.

2) What is the absolute Decrease from 64 to 48?

This problem is not about percent or relative change, but about absolute change. Its solution is very simple:

Absolute change, or

change = new value - old value

= 48 - 64 = -16 (decrease)

Answer: -25%

Step-by-step explanation:A change from 64 to 48 represents a negative change (decrease) of -25%

Use the formula found below on this webpage to find the percent change by replacing the given values:

Percent change = New - Old

|Old|

x 100%

Percent change = 48 - 64

|64|

x 100 = -16

x 100 = -25 % (decrease)

Where: 64 is the old value and 48 is the new value. In this case we have a negative change (decrease) of -25 percent because the new value is smaller than the old value.

Evaluate (27)-2
-2/3
Express your answer as a fraction in simplest form.
The solution is

Answers

Note: The expression you have written sounds a little unclear, but I am assuming your expression is (27)-2-2/3.

So, I am solving the question based on assuming the expression as (27)-2-2/3, which would still clear your concept.

Answer:

The expression in the simplest form is:

[tex]\left(27\right)-2-\frac{2}{3}=\frac{73}{3}[/tex]

Step-by-step explanation:

Given the expression

[tex]\left(27\right)-2-\frac{2}{3}[/tex]

simplifying the expression in the simplest form

[tex]\left(27\right)-2-\frac{2}{3}[/tex]

[tex]=25-\frac{2}{3}[/tex]

[tex]=\frac{25\cdot \:3-2}{3}[/tex]

[tex]=\frac{73}{3}[/tex]

Thus, the expression in the simplest form is:

[tex]\left(27\right)-2-\frac{2}{3}=\frac{73}{3}[/tex]

help please !

-3 + x/3 = 15

What is x?

Answers

Answer:

x = 54

Step-by-step explanation:

Simplify both sides of the equation. Add 3 to both sides.Multiply both sides by 3.

Answer:

x = 5

the correct answer is perpendicular I have not received

yes is 54 the correct answer

Can exponents be integers

Answers

Answer:

Step-by-step explanation:

Exponents are expressed as numbers or variables in superscript above a base number. When the exponent is equal to or greater than 2, it directs how many times the base number is to be multiplied. The numbers 1 and 0 are special exponents, and negative integers as exponents stand for reciprocal values.

Answer:

It matters of what the whole number in front is.

Step-by-step explanation:

For example: 6 to the power of 2 = 36

if the first number is a decimal: 1.6 to the power of 2.56

Its NOT an exponent if the starting number is a decimal usually.

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A customer has a credit card that charges 18% simple interest every year. How much interest will the customer save by paying off a credit card debt of $5,000 at the end of 1 year instead of at the end of 3 years?

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A customer has a credit card that charges 18% simple interest every year. How much interest will the customer save
by paying off a credit card debt of $5,000 at the end of 1 year instead of at the end of 3 years?