Jack and Jill applied for the same credit card from the same bank. The bank checked both of their FICO scores. Jack had an excellent credit rating, and

Jill had a poor credit rating


Jack was approved for a card with an APR of 12%. What was his monthly periodic rate?


Jill was approved for a card with an APR of 21%. What was her monthly periodic rate?


If each of them had an average daily balance of $700 and had to pay a finance charge, how much MORE will Jill pay than Jack?

Answers

Answer 1

Answer:

a. Jack's monthly periodic rate = 1%

b. Jill's monthly periodic rate = 1.75%

c. Amount paid more by Jill than Jack = $5.25

Step-by-step explanation:

a. Jack was approved for a card with an APR of 12%. What was his monthly periodic rate?

Jack's monthly periodic rate = Jack's annual percentage rate (APR) / Number of months in a year = 12% / 12 = 1%

b. Jill was approved for a card with an APR of 21%. What was her monthly periodic rate?

Jill's monthly periodic rate = Jill's APR / Number of months in a year = 21% / 12 = 1.75%

c. If each of them had an average daily balance of $700 and had to pay a finance charge, how much MORE will Jill pay than Jack?

Jack's finance charge = Jack's monthly periodic rate * Average daily balance = 1% * $700 = $7

Jill's finance charge = Jill's monthly periodic rate * Average daily balance = 1.75% * $700 = $12.25

Amount paid more by Jill than Jack = Jill's finance charge - Jack's finance charge = $12.25 - $7 = $5.25


Related Questions

Circle A has center of (6, 7) and a radius of 4, and circle B has a center of (2, 4) and a radius of 16. What steps will help show that circle A is similar to circle B?

Translate circle A using the rule (x + 4, y + 3).
Rotate circle A 45° about the center.
Dilate circle A by a scale factor of 4.
Reflect circle A about the origin.

Answers

Answer:

c took quiz

Step-by-step explanation:

Circle A can be made similar to circle B by dilating circle A by scale factor 4.

Circles can be made similar by performing transformations such as dilations, translation, etc.

The given parameters are:

Circle A

[tex](x,y) = (6,7)[/tex] --- center

[tex]r=4[/tex] --- radius

Circle B

[tex](x,y) = (2,4)[/tex]  --- center

[tex]r = 16[/tex] --- radius

To do this, we simply make both circles have the same radius.

Given that:

[tex]r_A=4[/tex] --- radius of A

[tex]r_B = 16[/tex] --- radius of B

Dilating the radius of A by 4 will make both circles have the same radius.

i.e.

[tex]R = r_A * 4[/tex]

[tex]R = 4 * 4[/tex]

[tex]R = 16[/tex]

Now, the new radius of A is 16; same as B

Both circles now have the same radius, means that the circles are similar.

Read more at similar shapes at:

https://brainly.com/question/2859427

PLZZZZZZZZZZZ HELP
In a recent year, 42% of all college students were enrolled part-time. If 8.9 million college students were enrolled part-time that year, what was the total number of college students?
Round your answer to the nearest million.

Answers

Answer:

A.what was the total number of college students?

B.42%,8.9

C.multiplacation

D. 0.42x8.9=N

E. 0.42×8.9=3,738,000

F.Round your answer to the nearest million.

4,000,000

G. 4,000,000 Is the total number of collage student

I'm just A Beginner。◕‿◕。

Answer:

21 million college students

A (1,4) B (-2,3) C (-4,5) 3 units right 4 units down

Answers

Step-by-step explanation:

can you send a picture so we can see at least?

Write an expression for the total amount Carla has paid after a certain number of months

Answers

Answer:

$25.00+$36.00m

Step-by-step explanation:

find x of the triangle

Answers

Answer:

The angle is 90 degrees

Step-by-step explanation:

Is that what ur asking?

Answer: 15.199

Step-by-step explanation:

Using the Pythagorean theorem, we know that a²+b²=c²

In this case, we know that c is 16, and that b is 5.

We can rearrange the equation so that it becomes a²=c²-b²

a²=16²-5²

a²=256-25

a²=231

√a²=√231

a=15.199

Please help thank you

Answers

Answer:

x=25

Step-by-step explanation:

180-113=67

67-42 = 25

X=25 hope this helps you

Find the percent of change. Round to the nearest tenth, if necessary.

In the 2006 season, Tom Brady threw for 3,529 yards. In the 2007 season, he threw for 2,806 yards.

Answers

Answer:

20.487%

Step-by-step explanation:

divide the second number by the first. then do one minus that number

Suppose you are driving. You notice that after driving for 4 hours, you are 135 miles from Seattle. You continue driving, and calculate that after driving 8 hours you are 255 miles from Seattle. What is your rate? How far do you drive every 9 hours? How far from Seattle are you after driving for 17 hours?

Answers

Answer:

1,423

Step-by-step explanation:

Your average rate is 36.7 miles per hour over nine hours

What is Average speed?

Average speed is defined as the ratio of the total distance traveled by a body to the total time taken for the body to reach its destination.

In the first 4 hours, you've averaged 33.75 miles per hour, but this is apparently not sustainable, since at 9 hours you've only averaged 36.7 miles/hour.

You continue driving, and calculate that after driving 8 hours you are 255 miles from Seattle. you've averaged 31.8 miles per hour

So the answer is that your average rate is 36.7 miles per hour over nine hours, although you did manage a faster burst of 50 mph for four hours once.

Learn more about the average speed here :

brainly.com/question/12322912

#SPJ2

what is the y-intercept? B =

Answers

Answer:

60

Step-by-step explanation:

Since when x = 0 the corresponding value of y is 60. So, y-intercept (b) = 60

pls help. “Find the Surface Area”

Answers

Answer:

The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939

Solving an Absolute Value Equation
What is the solution set of -+-=-122
O no solution
8-12
(12)
[-12 12

Answers

Answer:

{-12,12}

Step-by-step explanation:

it looks like that I guess

Find the minimum and maximum possible areas for rectangles with the following measured areas.


12 km × 5 km


A.
51.75 km2, 66 km2


B.
57.5 km2, 68.75 km2


C.
51.75 km2, 68.75 km2

Answers

Answer:

I believe it's B correct me if I'm wrong

Answer:

C.    51.75 km2, 68.75 km2

Step-by-step explanation:

What's 100 divided by 42

Answers

Answer:

Can you help me? It's worth one hundred points. https://brainly.com/question/21042823

Step-by-step explanation:

2.38095238095

Molly's hair was 20 inches long. Three years later it was 53 inches long. What was the percent increase, to the nearest hundredth, of Molly's hair length.

Answers

Find how much it grew:

53 - 20 = 33 inches.

Divide the amount it grew by the original length

33/20 = 1.65

Subtract 1:

1.65 - 1 = 0.65

Multiply by 100 for percent:

0.65 x 100 = 65%

The percent increase is 65%

Debra borrowed 5,000 from a bank for 6 years and was charged simple interest. The total interest that she paid on the loan was 2100 . As a percentage, what was the annual interest rate of her loan?

Answers

Answer:

7% was the interest rate

7% is the interest rate

eremy constructed this solid by combining two rectangular prisms and a square pyramid.

A rectangular prism with a length of 6 meters, width of 14 meters, and height of 2 meters. A rectangular prism with a length of 5 meters, width of 8 meters, and height of 3 meters. A square pyramid with a base of 6 meters by 6 meters and triangular sides with a height of 7 meters.


What is the surface area of this figure?

_____________ square meters
320
322
368
386

Answers

368 square meters is the answer

What is angle A sum 1 plz I need this quick

Answers

Answer:

37 degrees

Step-by-step explanation:

2x^4=9x^2 solve by factoring

Answers

Step-by-step explanation:

2x⁴ = 9x²

2x⁴ - 9x² = 0

x²(2x² - 9) = 0

Either x² = 0 or 2x² - 9 = 0.

When x² = 0, x = 0.

When 2x² - 9 = 0, x² = 9/2, x = ± 3/√2.

Hence the solutions are

x = 0, x = 3/√2 and x = -3/√2.

3 Triangles ABC and DEF shown in the diagram
are similar.
In triangle ABC, mZA = 64°.
In triangle DEF, m_F= 73º.
What is the measure of ZG?
Answer: mZG=

Answers

Answer:

137

Step-by-step explanation:

It’s really easy but I don’t know the steps can someone help?

Answers

Answer:

x=0

Step-by-step explanation:

1/2(40+2x)=20

20+x=20

x=0

(I believe that s is the bisector, please correct me if I am wrong)

Given: A= (0, 0), (2, 1). (3, 1.5). (4, 2). .}ls A a function and why?

Answers

Answer:

Yes, it is a function

Step-by-step explanation:

the definition of a function is "a relation from a set of inputs to a set of possible outputs where each input is related to exactly one output." Our input is represented by x, or the first number in the parentheses, and our output is y, or the second number in the parentheses. Because each x value had exactly one output, or y, it is a function

21 The graph of an exponential function is shown on the grid.
Based on the graph, which statement about the function is true?
A The range is the set of all real numbers less than 0.
B The domain is the set of all real numbers greater than-4.
C The range is the set of all real numbers greater than 0.
D The domain is the set of all real numbers less than-4.

Answers

Answer:

C The range is the set of all real numbers greater than 0.

Step-by-step explanation:

We see that the function has positive range and no restriction of domain.

A The range is the set of all real numbers less than 0.

Incorrect, positive values only

B The domain is the set of all real numbers greater than-4.

Incorrect, the domain can get any value

C The range is the set of all real numbers greater than 0.

Correct, the range is restricted to positive values

D The domain is the set of all real numbers less than-4.

Incorrect, no restrictions

Answer:

C is the correct answer!!

Step-by-step explanation:

hope this helped!!

The expression (x-4)² is equivalent to... (btw this is about polynomials and all that)

Answers

Answer:

the answer is 8-2x

Step-by-step explanation:

the sum of a number and 7 is -12

Answers

Answer:

Please put the rest of the answer

Step-by-step explanation:

Answer: 7?

Step-by-step explanation:

Kirk earns $16 for each hour of dog walking. After a total of 3 hours of walking dogs, how
much money will Kirk have earned?

Answers

Answer:

48

Step-by-step explanation:

Suppose the fishing spot where kimi Werner goes spear fishing has an area of 946 square yards .If the fishing spot is 43 yards long, how wide is the fishing spot

Answers

Answer:

22 yards

Step-by-step explanation:

..

Trigonometry
Pls help

Answers

I hate trigonometry sry bro

1. A piece of wire that is 28 inches long is cut into two pieces, each of which is then bent into the shape of a
square. The larger square has side lengths that are three inches longer than the smaller square.
(a) If x is the side length of the smaller square and y is the side length of the larger square, write a system of
equations that models this scenario.
(b) Solve the system of equations and determine the lengths of the two pieces of wire.

Answers

Answer:

1: So one side is 5

2: Other side is 2

Step-by-step explanation:

1)

4(x+3)+4x=28

Solve

4x+12+4x=28

Combine

8x+12=28

Isolate

8x=16

Isolate

x=2

Substitute

4(2+3)=20

4*2=8

Now find each side

20/4=5

8/4=2

someone pls help i will make brainliest IF RIGHT ANSWER! !!1 !!1 !

Answers

Answer:

Neither

Step-by-step explanation:

Triangles are similar if their angles are the same, and if the sides are changed by a proportional ratio. The angles for FED and ZXY are not the same. Therefore, they are not similar

Answer:

D. Neither

Step-by-step explanation:

Similar triangles are scaled versions of each other. Two triangles that are similar will have congruent angles. Hence, to find a triangle that is similarto ABC, the angles of the other triangles will be congruent to the given angles of ABC. As one can see, no other triangle has congruent angles to ABC, and hence the answer is D, neither of the two triangles are similar to ABC.

Dana is planning to drive 400 miles from
New York to Boston and back. Dana's
hybrid car can travel 50 miles on 1 gallon
of fuel. Biodiesel fuel costs $4.45 per
gallon.
Part A: How many gallons of fuel does
Dana need to purchase for the 400-mile
trip? Explain your reasoning.
Part B: Dana can take a high-speed train
to Boston instead of driving. A round-trip
train ticket costs $95. Is it cheaper for
Dana to take the train or to drive? How
much cheaper? Explain your reasoning.

Answers

Answer:

A. 8 gallons

B. Drive by car is $59.4 cheaper than travel by train

Step-by-step explanation:

According to the scenario, given data are as follows,

Total drive = 400 miles

Total drive per gallon = 50 miles

Fuel cost per gallon = $4.45

A. So, Total fuel required to drive 400 miles can be calculated as follows,

Total fuel required =  Total drive ÷ Total drive per gallon

By putting value, we get,

Total fuel required = 400 ÷ 50

= 8 gallons

B. Total cost if drive by car = 8 gallons × $4.45 = $35.6

Cost if travel by train = $95

Hence it is clearly shows that drive by car is much cheaper than travel by train.

Cost saved by travel by car = $95 - $35.6 = $59.4

So, drive by car is $59.4 cheaper than travel by train.

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