1. You owe $976.34 on a credit card that has an interest rate of 10.75% APR. You pay $100.00 at the end of each month. Calculate the difference between the interest accrued by a $976.34 balance on the credit card and what $100.00 would earn in a savings account that has an interest rate of 2.75% APR over the span of one month. 2. How much is paid toward the credit card principal at the end of the first month?

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

351.23

step-by-step explanation:

step-by-step explanation:

there is a formula i can give you:

it is r^2*n*sin(360/n) divided by 2 where r represents the "radius" and n is the number of sides.

plug them in:

(10sqrt(3))^2*6*sin(360/6) divided by 2

100*3*6*sin(60) divided by 2

900*sin(60)

900*sqrt(3)/2

450*sqrt(3)

approx is 779.4 cm^2

4 and 5)16.97 or 12√2

6)15.59 or 9√3

7)y = 15.59 or 9√3     x =27

8)17.80