subject
Mathematics, 22.02.2021 04:40 gibsonchristian96

Card Name (APR %) Existing Balance Credit Limit Mark2 (6.55%) $525.00 $3,500.00 Bee4 (10.25%) $1,478.48 $2,750.00 You have $450.00 each month to pay off these two credit cards. You decide to pay only the interest on the lower-interest card and the remaining amount to the higher interest card. Complete the following two tables to help you answer questions 1-3. Higher-Interest Card (Payoff Option) Month 1 2 3 4 5 6 7 8 9 10 Principal Interest accrued Payment (on due date) End-of-month balance Lower-Interest Card Month |2|3|4|5|678910 Principal Interest accrued Payment (on due date) End-of-month balance 1 1) How long does it take to pay off the higher-interest card? 2) What is the amount of the last payment on the higher-interest card? Why? 3) At the end of the month that you pay off the higher-interest card, after you have started to pay down your debt on the lower- interest card, what is the balance of the lower-interest card? Why?​ WILL MARK BRAINLIEST


Card Name (APR %) Existing Balance Credit Limit Mark2 (6.55%) $525.00 $3,500.00 Bee4 (10.25%) $1,47

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:30
Evaluate 3(a + b + c)squared for a = 2, b = 3, and c = 4. a. 54 b. 243 c.729 add solution .
Answers: 1
question
Mathematics, 21.06.2019 20:20
Tomas used 3 1/3 cups of flour and now has 1 2/3cups left. which equation can he use to find f, the number of cups of flour he had to begin with? f+3 1/3=1 2/3 f-3 1/3=1 2/3 3 1/3f=1 2/3 f/3 1/3=1 2/3
Answers: 1
question
Mathematics, 21.06.2019 21:00
Suppose a gym membership has an initial enrollment fee of $75 and then a fee of $29 a month. which equation models the cost, c, of the gym membership for m months?
Answers: 1
question
Mathematics, 21.06.2019 23:40
Full year - williamshow many square inches are in 60 square feet? 5 square inches72 square inches720 square inche8.640 square inches
Answers: 1
You know the right answer?
Card Name (APR %) Existing Balance Credit Limit Mark2 (6.55%) $525.00 $3,500.00 Bee4 (10.25%) $1,478...
Questions
question
Mathematics, 17.10.2019 15:30
Questions on the website: 13722367