Mathematics, 21.01.2022 07:20 juliabochkarev
James has a balance of $1,230 on his credit card that has an APR of 24%. He currently pays the minimum monthly payment of $30. 75. If James wants to pay off his balance in 18 months, determine the monthly payment he would need to make. Choose the following modification with the least cuts to his current expenses that will allow James to pay off his balance in 18 months. Income Wages $3,015. 00 Expenses Rent $1250. 00 Utilities $432. 45 Food/Clothes $345. 00 Entertainment $255. 00 Car $360. 00 Credit Card $30. 75 Cell Phone $103. 89 Net Income $237. 91 a. James can eliminate $83 from Food/Clothes. B. James can eliminate $25 from Food/Clothes and $27 from Entertainment. C. Addison can eliminate $15 from Food/Clothes and $22 from Entertainment. D. The minimum payment is enough to pay off the balance within 24 months.
Answers: 2
Mathematics, 21.06.2019 15:30
Match each equation with the operation you can use to solve for the variable. subtract 10. divide by 10. divide by 5. subtract 18. multiply by 10. add 18. add 10. multiply by 5. 5 = 10p arrowright p + 10 = 18 arrowright p + 18 = 5 arrowright 5p = 10 arrowright
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James has a balance of $1,230 on his credit card that has an APR of 24%. He currently pays the minim...
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