Addison has a balance of $3,450 on her credit card that has an APR of 18%. She currently pays the minimum monthly payment of $86.25. If Addison wants to pay off her balance in 24 months, determine the monthly payments she would need to make. Choose the following modification with the least cuts to her current expenses that will allow Addison to pay off her balance in 24 months.

Income
WAgES
$2,278.00
EXPENSES
Rent
$950.00

Utilities
$232.45

Food/Clothes
$445.00

Entertainment
$270.00

Car
$200.00

Credit Card
$86.25

Cell Phone
$77.89
Net Income $16.41

a.
Addison can eliminate $73 from Food/Clothes and $100 from Entertainment.
b.
Addison can eliminate $45 from Food/Clothes and $41 from Entertainment.
c.
Addison can eliminate $25 from Food/Clothes and $22 from Entertainment.
d.
The minimum payment is enough to pay off the balance within 24 months.

ANSWER IS B)Addison can eliminate $45 from Food/Clothes and $41 from Entertainment.

Answers

Answer 1

Answer: (B) Addison can eliminate $45 from Food/Clothes and $41 from Entertainment.

Answer 2

Based on the information given, Addison should eliminate $45 from the money budget for Food/Clothes ($445.00) and $41 from Entertainment ($270.00).

Given the following data:

Balance = $3,450.APR = 18%.Monthly payment = $86.25.Time = 24 months (2 years).

How to calculate monthly payment.

Mathematically, the monthly payment for a credit card can be calculated by using this formula:

[tex]M=P(\frac{r}{1-(1+r)^{-nt}} )[/tex]

Where:

P is the principal.r is the interest rate.M is the monthly payment.t is the time.n is the number of times it's compounded.

In this scenario, Addison should eliminate $45 from the money budget for Food/Clothes ($445.00) and $41 from Entertainment ($270.00) because they are the least cuts to her current expenses and they would avail her an opportunity to pay off her balance in 24 months (2 years).

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Related Questions

Sarah earns $9 an hour at a Mort’s Pizza Palace, working 20 hours per week. She spends $3 each week for snacks at work, but saves all her other earnings. How many hours must Sarah work to buy a new phone that costs $150?

Answers

Answer:

15h

Step-by-step explanation:

Answer:

17 hours

Step-by-step explanation:

she needs 150, she spends 3 and she makes 9 per hour

153/9 = 17

How many elements are in this equation:Mg2N3? ​

Answers

Answer:

there are 2 Magnesium and Nitrogen

Step-by-step explanation:

plz do this ill mark brainly​

Answers

Answer:

7+(−2) = 7 − 2 = 5

Step-by-step explanation:

Answer:

The Positive number has to be greater than the negative number you are adding with.

Example(s):

-30 + 35 = 5

-65 + 70 = 5

Solve the formula 5x + 2y = 19 for y

Answers

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[tex]5x + 2y = 19[/tex]

Subtract sides 5x

[tex] - 5x + 5x + 2y = - 5x + 19[/tex]

[tex]2y = - 5x + 19[/tex]

Divide sides by 2

[tex] \frac{2y}{2} = \frac{ - 5x + 19}{2} \\ [/tex]

[tex]y = \frac{ - 5x}{2} + \frac{19}{2} \\ [/tex]

[tex]y = - \frac{5}{2} x + \frac{19}{2} \\ [/tex]

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The solution of the equation 5x + 2y = 19 for the value of y is y = (-5 / 2)x + ( 19 / 2).

What is an expression?

Expression in maths is defined as the collection of numbers variables and functions by using signs like addition, subtraction, multiplication, and division.

Numbers (constants), variables, operations, functions, brackets, punctuation, and grouping can all be represented by mathematical symbols, which can also be used to indicate the logical syntax's order of operations and other features.

Given expression is 5x + 2y = 19. The value of y will be calculated as:-

5x + 2y = 19

2y = 19 - 5x

y = ( 19 / 2 ) - ( 5x / 2 )

Therefore,  the solution of the equation 5x + 2y = 19 for the value of y is y = (-5 / 2)x + ( 19 / 2).

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For a dosage of x cubic centimeters (cc) of a certain drug, the resulting blood pressure B is approximated by the function below. Find the maximum blood pressure and the disage at which it occurs.

B(x)= 395x^2- 2370x^3, 0 <= x <= 0.16

a. The maximum is obtained for a dosage of __________________.
b. The maximum blood pressure obtained is ______________.

Answers

Answer:

A) Maximum for dosage is 0.11

B) maximum blood pressure = 1.625

Step-by-step explanation:

We are given the function;

B(x) = 395x² - 2370x³

To find maximum, we will find the derivative of the function and equate to zero.

B'(x) = 790x - 7110x²

Equating to zero gives;

790x - 7110x² = 0

790x = 7110x²

Dividing both sides by x gives;

790 = 7110x

x = 790/7110

x = 0.11

This falls in between the range of 0 <= x <= 0.16 given to us.

Therefore x = 0.11 is a maximum

Plugging this into B(x) = 395x² - 2370x³ gives;

B(0.11) = 395(0.11)² - 2370(0.11)³

B(0.11) = 1.625

Thus;

Maximum dosage is 0.11

maximum blood pressure = 1.625

What is f(4) for the function f(x)= 6x+7?

Answers

Answer:

31

Step-by-step explanation:

f(4) = 6x4 + 7

= 24 + 7

= 31

Solve the inequality 2 (x - 2) +8.6 < 14.​

Answers

Answer:

x<4.7

Step-by-step explanation:

2(x-2)+8.6<14

2x-4+8.6<14

2x=4.6<14

2x<14-4.6

2x<9.4

_____

x<4.7

                                mom said its my turn to be brainliest answer ;0

                                also, help me on my math hw maybe ?

Answer: x < 4.7

Step-by-step explanation:

A ​15 foot ladder is leaning against a​ building, with the base of the ladder 4 feet from the building. How high up on the building will the top of the ladder​ reach?
The ladder will reach
android:
nothing ft high up on the building.
​(Round to the nearest​ tenth.)
Enter your answer in the answer box and then click Check Answer.
All parts showing

Answers

Answer: The height of the building = 14.5 feet.

Step-by-step explanation:

Given: Length of ladder = 15 feet

Distance of base of ladder from building = 4 feet

Since building is standing vertical on ground making right angle.

So with ladder a right triangle is formed , where base = 4 feet , Hypotenuse = 15 feet [Hypotenuse is side opposite to right angle]

According to the Pythagoras theorem ,

Hypotenuse² = Perpendicular² + Base²

⇒ (15)² =  Perpendicular² +  (4)²

⇒ 225 = Perpendicular² +16

⇒ Perpendicular² = 225 -16

⇒ Perpendicular² = 209

⇒  Perpendicular = √209 = 14.4568322948 ≈ 14.5 feet

Hence, the height of the building = 14.5 feet.

Hi. :) if you are a "Blink" what album should i get? ​

Answers

Answer:

Changes

Step-by-step explanation:

#teamtrees #WAP (Water And Plant)

Answer:

♡ let's kill this love! ♡

you should definitely get "the album."

it has a very good rating and its great ☆

stan blackpink for clear skin, have a great day!

-madi/madeline

✧・゚: *✧・゚:・゚✧*:・゚✧・゚: *✧・゚:・゚✧*:・゚✧

Step-by-step explanation:

algebra help quick lol

Answers

Answer:

Its the top right one

Step-by-step explanation:

Do you guys know this.

Answers

Answer:

0.77

Step-by-step explanation:

You solve the inner first, then move to the outer.

Plug in x = 20 for g(x) = [tex]\frac{2x+2}{x-6}[/tex]. It should give you [tex]\frac{42}{14}[/tex], which simplifies to 3.

You then need to solve f(x) with the given value from g(x), which is 3.

Plug in x = 3 for the equation [tex]\sqrt{0.4x^2-x}[/tex], and you should get [tex]\sqrt{0.6}[/tex].

The answer is roughly 0.77.

Which ordered pair would form a proportional relationship with the point graphed below?

(10.-20)
(-30, 20)
(-10,5)
(35, -20

Answers

The third option but can also be the first option, The would proportionate properly.

(1 pt)What is the vertex of the graph of
the function f(x) = x2 + 6x + 9?

Answers

Answer:

(-3,0)

Step-by-step explanation:

2. What is the place value of the 5 in 3562? ​

Answers

Answer:

Hundreds Place

Step-by-step explanation:

The 5 is in the hundreds place.

Hope this helps :D

3 is the thousands place

5 is the hundreds place

6 is the tens place

2 is the ones place

You tell me the answer.

Consider a limousine that gets m(v)= (120 - 2v) / 5 miles per gallon at speed v , whose chauffeur is paid $15/hour, and gas costs $3.5/gallon.

a. Write the function that finds the cost per mile at speed v
b. What speed results in the most inexpensive driving speed?

Answers

Answer:

(17.5 / 120 - 2v) + (15 / v)

Step-by-step explanation:

Given : m(v)= (120 - 2v) / 5 miles per gallon at speed v ,

chauffeur is paid $15/hour

gas cost = $3.5/gallon.

Gasoline cost per mile :

Cost per gallon = $3.5

Cost per gallon * 1/(m(v))

$3.5 * 1 / (120 - 2v) / 5

$3.5 * 5 / 120 - 2 v

= 17.5 / 120 - 2v

Time = distance / speed

Chauffeur cost = 15 per hour / v

Hence ;

Total cost :

Cost of gasoline + Cost of chauffeur

(17.5 / 120 - 2v) + (15 / v)

Answer would be - (17.5 / 120 - 2v) + (15 / v)

First Given : m(v)= (120 - 2v) / 5 miles per gallon at speed v , The chauffeur is paid $15/hour. Then gas cost = $3.5/gallon. Gasoline cost per mile : Cost per gallon = $3.5 Cost per gallon * 1/(m(v)) When, $3.5 * 1 / (120 - 2v) / 5 $3.5 * 5 / 120 - 2 v

           Then result will be = 17.5 / 120 - 2v

        Time = distance / speed Chauffeur cost = 15 per hour / v

Hence ;

The total cost will be :  Cost of gasoline + Cost of chauffeur

(17.5 / 120 - 2v) + (15 / v)

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y= p2 + qr write p in terms of y, q and r

Answers

Step-by-step explanation:

y=p²+qr

y-qr=p²

p=√y-qr

now, is it fine..

Consider the composite function g(F(x)) = x square root of 6.
If f(x) = 3x2, what is g(x)?


Answers

Answer:

g(x) = √(2x)

Step-by-step explanation:

f(x) = 3x^2

g(f(x)) =√6x

g(3x^2) = x√6

g(x) must be √(2x)

because if we  substitute  x = 3x^2 in this we get

(√2(3x^2))

= √2√3√(x^2)

= √6 x

Is 4/10 closer to 0, 1, 1/2

Answers

Answer:

1/2

Step-by-step explanation:

Divide the denominator in half

10/2 = 5

4 is close to 5 so 4/10 is close to 1/2

Answer:

4/10 is closer to 1/2.

Think of a pie. There are 10 slices total, but only 4 slices remain, because I ate them all! Do you think that 4 out of 10 slices would be closer to a whole pie or half a pie? It would be closer half a pie.

Further explanation:

If you were to round the number 44 to the closest ten, it would be 40. If you were to round 47 to he nearest ten, it would be 50. If you were to round 45 to the nearest ten, it would also be 50. I hope this helps!

Half (1/2) is the answer.

What is the solution to the inequality f + 4 < 2?

Answers

Answer: f=-2

Step-by-step explanation:

math

Answer:

f < -2

Step-by-step explanation:

y-4=-x+7 in standard form.​

Answers

Answer:

Step-by-step explanation:

x + y = 11

Solve for e
7 = 15 - 2e
e equals....

Answers

Answer:

e=4

Step-by-step explanation:

PLEASE HELP I WILL GIVE YOU A BRAINLIEST! During a basketball game, Tom attempted 25 shots and made 9. He says he made 40% of the shots he took. Is Tom correct? Explain your reasoning using complete sentences.

Answers

Answer:

Correct I think

Step-by-step explanation:

9 is nearly half of 25. (12.5) Half is equal to 50%. 40 is close to 50 and 9 is close to 12.5. So, he is correct. I think, hope this helps.

∠1 and ∠2 are vertical angles. If m∠2 = 124°, find the measure of the supplement of ∠1 plzzz i need help

Answers

Answer:

∠1 = 124 degrees

Step-by-step explanation:

Vertical angles are always congruent

So ∠1  = ∠2

Answer:

Supplement of m∠1 = 56°

Step-by-step explanation:

Since both angles are vertical, they both equal to each other.

m∠2 = m∠1

        = 124°

To find the supplement of m∠1, we need to remember that supplementary angles add up to 180°.

Supplement of m∠1 = 180°-124°

                                 = 56°

Rewrite −x−6 with a positive exponent. Assume x is not equal to zero.

Answers

Answer:

= -1/x^6

Explanation:

Using the concept negative rule of exponents.

-x^-6 = -1/x^6

if 8 identical items together weigh 30 kg, how much does each one weigh?​

Answers

Answer:

each weighs 3.75 minimum

Answer:

Each item weighs 3.75 kg, or 3 and 3/4 kg.

Step-by-step explanation:

divide the total weight by the total amount of items. 30/8=3.75

hope this helped! :)

An apple tree can grow about 400 apples. Jake says that 13 apple trees can grow about​ 6,000 apples. Do you​ agree? Explain.

Answer: No. Since 13×400=5,200​, 13 apple trees can grow about 5,200 apples.​ Jake's estimate of​ 6,000 is much higher than 5,200.

Answers

Answer:

you answered it

Step-by-step explanation:

you put no blah blah blah

The diameter of Saturn at its equator is about 120,540,000 meters. What is 120,540,000 written in word form?

Answers

Answer:

Step-by-step explanation:

Onehundred twenty-million-fivehundred forty thousand

PLEASE HELP ASAP!!
what is the range of the graphed function?
A) {x | -2 < x < 2}
B) {y | -2 < y < 2}
C) {x | x is a real number}
D) {y | y is a real number} ​

Answers

Answer:

Since this graph is continuing, y must be any real number. So, d.

$120 less than half of d dollars

Answers

Answer:

[tex]\frac{d}{2} - 120[/tex]

Step-by-step explanation:

You work backwards:

Half of d dollars is d/2. Then you take 120 less than that, which means you are subtracting.

Answer:

1/2d-120

Step-by-step explanation:

Alright.

d=amount of money

1/2d=half of the amount of money

1/2d-120=half of the money minus 120

A person begins with $1500 in her savings account. She deposits $40 per month. Let N represent the number of months she has the account. Let A represent the amount in dollars in the account

Answers

Answer:

1500+40N=A

Step-by-step explanation:

40 per month (N) plus the initial amount = $ in account (A)

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