Mathematics, 05.11.2020 21:30 lovemusic4

1. You owe $1,456.32 on a credit card with a limit of $3,500. What is your debt ratio? 40%
43.4%
35%
41.6%

2. How much interest has accrued after one month at a rate of 15.5%?

3. You make a payment of $400.00. How much goes towards the principal?

4. You make an initial investment of $25 at a 3.25% APR that is compounded annually for 10 years. You make no other contributions. How much is the interest at the end of 10 years?

Answers: 3

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1. You owe $1,456.32 on a credit card with a limit of $3,500. What is your debt ratio? 40%
43...