A person charges $100 to a credit card with a 24% nominal annual interest 5 points
rate. Assuming no other charges or payments are made, find the balance
on the card, in dollars, after 1 year if interest is calculated: *

ιт ιѕ $222.95

step-by-step explanation:

αℓℓ уσυ gσт тσ ∂σ ιѕ fιgυяє συт ωнαт 30% σf $318.50 ιѕ $95.55

тнєи ѕυвтяα¢т ιт fяσм $318.50-$95.55=$222.95

нσρє ι ¢συℓ∂ нєℓρ уσυ συ

hey there! : )

4y < -4

we need to isolate y. we can do this by simply dividing both sides by 4.

4y ÷ 4 > -4 ÷ 4

simplify.

y > -1

5 - y > 0

once again, we need to isolate y, so we can start off by subtracting 5 from both sides.

5 - y - 5 > 0 - 5

simplify.

-y > -5

divide both sides by -1.

** remember that when dividing any side by a negative, you must switch the sign! **

-y ÷ -1 < -5 ÷ -1

simplify.

y < 5

~hope i ! ~

my best guesses would have to be either 4.5 or 2. p.s. if they're wrong, i'm so sorry for giving you the wrong answer.