ator- Google Search × New Tab es/2438849/quizzes/8459601/take Question 9 X Quiz: Practice Questions for Am X + 1 pts Yesenia purchased a car for $15,119. She obtained a term loan at an interest rate of 3.8%. She is making a monthly payment of $224. Using the following balance function to calculate the balance owed after 4 years of making payments. Round your answer to the nearest penny. Only input the number. Do not input the dollar sign. Do not use a comma. Example: 4536.21 12-1 B(t)=B0 (1+2) 12-t 1+ 12 -M. (-1) (1) C Question 10 1 pts Last month, Kaitlin's average daily balance on her credit card was $1,279.17. The annual interest rate on that credit card is 17.5%. The minimum payment on that card is the interest •n) plus 3.1% of the ending balance or $25, which ever is larger. If there r charge (1=B- 365 were 28 days in that month and the ending balance was $1,822.28, what would be the minimum payment that Kaitlin could make? Round your answer to the nearest penny. Input the number. Do not input the dollar sign. Do Example: 89.65

ator- Google Search × New Tab es/2438849/quizzes/8459601/take Question 9 X Quiz: Practice Questions for Am X + 1 pts Yesenia purchased a car for $15,119. She obtained a term loan at an interest rate of 3.8%. She is making a monthly payment of $224. Using the following balance function to calculate the balance owed after 4 years of making payments. Round your answer to the nearest penny. Only input the number. Do not input the dollar sign. Do not use a comma. Example: 4536.21 12-1 B(t)=B0 (1+2) 12-t 1+ 12 -M. (-1) (1) C Question 10 1 pts Last month, Kaitlin's average daily balance on her credit card was $1,279.17. The annual interest rate on that credit card is 17.5%. The minimum payment on that card is the interest •n) plus 3.1% of the ending balance or $25, which ever is larger. If there r charge (1=B- 365 were 28 days in that month and the ending balance was $1,822.28, what would be the minimum payment that Kaitlin could make? Round your answer to the nearest penny. Input the number. Do not input the dollar sign. Do Example: 89.65

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.7: Simple And Compound Interest

Problem 16E

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