Suppose that on January 1 you have a balance of $5000 on a credit card whose APR is 18%, which you want to pay off in 1 year Assume that you make no additional charges to the card after January 1
a Calculate your monthly payments what is the total paid since january 1st
b. When the card is paid off, how much will you have paid since January 1?
c. What percentage of your total payment from part(b) is interest?
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a. The monthly payment is $ 458.40
(Do not round until the final answer. Then round to the nearest cent as needed)
b. The total paid since January 1 is $
(Use the answer from part (a) to find this answer. Round to the nearest cent as needed)

i think it is everything has to equal 180 so, if i correct 4=c. 6=d. 8=a. 7=b. and the last question would be c. because they are parallel lines and they are congruent.

step-by-step explanation:

the reason everything has to equal to 180 is because that is how it works. i'm guessing that is its rule. 4 and 8 are congruent and parallel so, that would be 30+30 because they have the same number. it would equal 60. 6 and 7 are congruent and parallel so, that would be 30+30 because they have the same number. it would equal 60. 60+60 is 180. so, now you have your answer

answer: i guess 5 units?

step-by-step explanation:

a

step-by-step explanation:

u take $30 minus $24. the answer/original($30)

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%