Jill has a balance of $5,000 on one credit card with an annual interest rate of 10%. to pay off the $5,000 in three years, jill will have to make a minimum payment of $161.34 per month. on a second credit card, jill has a balance of $5,000 with an annual interest rate of 5%. to pay off the $5,000 in three years, jill will have to make a minimum payment of $149.85 per month.
how much more does jill have to pay when the interest rate changes from 5% to 10% on a $5000 balance?

What is 140% of 25? because i need

Frank is lending $1,000 to sarah for two years. frank and sarah agree that frank should earn a real return of 4 percent per year. instructions: a. the cpi (times 100) is 100 at the time that frank makes the loan. it is expected to be 113 in one year and 127.7 in two years. what nominal rate of interest should frank charge sarah?

An oil exploration company currently has two active projects, one in asia and the other in europe. let a be the event that the asian project is successful and b be the event that the european project is successful. suppose that a and b are independent events with p(a) = 0.2 and p(b) = 0.8. (a) if the asian project is not successful, what is the probability that the european project is also not successful? (b) what is the probability that at least one of the two projects will be successful? (c) given that at least one of the two projects is successful, what is the probability that only the asian project is successful? (round your answer to three decimal places.)