subject
Mathematics, 26.02.2020 01:23 jojo8617

If a musician uses his credit card to pay for a new violin that costs $2,900 and does not pay on it until the second month, what will the 3.35% monthly interest charge be at the end of the first month? Show your work or explain how you got your answer.

Calculate the total payback for a $3,500 loan at 8% annual interest with monthly payments for two years. Show all of your steps.

Use the formula, M = Pm(1+m)^na/(1+m)^na-1 as needed.

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:00, malibu777
Asquare parking lot has 6,400 square meters what is the length in meters
Answers: 1
image
Mathematics, 21.06.2019 17:30, lambobacon9027
Select the sequences that are geometric.
Answers: 2
image
Mathematics, 22.06.2019 00:30, kkeith121p6ujlt
Afurniture store is having a weekend sale and is offering a 20% discount on patio chairs and tables the sales tax on furniture is 6.25%
Answers: 3
image
Mathematics, 22.06.2019 02:30, Gearyjames8
What is the equation of the parabola with focus (-1,-1) and directrix y=1?
Answers: 1
You know the right answer?
If a musician uses his credit card to pay for a new violin that costs $2,900 and does not pay on it...

Questions in other subjects: