Analysis of credit card debt

Assignment Help Mathematics
Reference no: EM13130659

The amount of credit card debt is $5,270.00 with an average APR of 15.53%. Considering the minimum monthly payment of $120.00 determine the interest. How long will it take to pay off if only making minimum payments? If graphs or charts are available please include.

Reference no: EM13130659

Questions Cloud

Fhss system uses a 4-bit pn sequence : An FHSS system uses a 4-bit PN sequence. If the bit rate of the PN is 64 bits per second What is the time needed to finish a complete cycle of PN?
What was the balance in the investment : Company owns 40% of the outstanding voting common stock of Nicole Corp. and has the ability to significantly influence the investee's operations. On January 3, 2011, the balance in the Investment in Nicole Corp.
Can she deduct all her expenses for meals and lodging : Taxpayer lives with her husband and children in City and works there. If her employer sends her to Metro (where she maintains an apartment) on business for three days and two nights each week and if Taxpayer is not reimbursed for her expenses. ..
What molar concentration of sodium nitrate will be prepared : If the chemist mistakenly makes 275 mL of solution instead of the 200 mL, what molar concentration of sodium nitrate will the chemist have actually prepared?
Analysis of credit card debt : The amount of credit card debt is $5,270.00 with an average APR of 15.53%. Considering the minimum monthly payment of $120.00 determine the interest.
Illustrate what tax advice should we provide tina : Tina is a new client for the firm. Illustrate what tax advice should we provide Tina about her prior and current tax returns concerning her songwriting career?
Explain type of nucleophilic acyl substitution reaction : In the preparation of amides, acid chlorides or anhydrides may be used to react with the selected amine. It is known that acid chlorides are more reactive than the corresponding anhydrides in this type of nucleophilic acyl substitution reaction.
Calculate the target cost per unit : Target Costing. Baker Plumbing Fixtures is developing a preplumbed acrylic shower unit. The team developing the product includes representatives from marketing, engineering, and cost accounting.
Public officials effect on budgeting : What effect does the change in elected officials have on budgeting? What long-term effects might result from this change?

Reviews

Write a Review

Mathematics Questions & Answers

  Hamiltonian graphs and connected graphs

Show that if G is a 2-connected graph containing a vertex that is adjacent to at least three vertices of degree 2, then G is not hamiltonian.

  How many different arrangements of the entries are possible

How many different arrangements of the entries are possible? If the owners of the 1st, 2nd, and 3rd place entries will be awarded prizes of $100, $50, and $25 respectively, how many ways can the prizes be awarded?

  Derivatives-maximizing profit

Acme can produce DVD players at a cost of $140 each and market analysis estimates that if the players are sold at x dollars apiece, consumers in a region will buy approximately 2000e^-0.01x machines per week.

  Determining percents and earnings

Without doing any further calculation, what do you think the jeans in problem #1 would cost if they had gone on sale by 15% first and then had their price increased by 15%? Why?

  Increase in height of sand pile with volume

At a sand and gravel plant, sand is falling off a conveyor and onto a conical pile at a rate of 10 cubic feet per minute. The diameter of the base of the cone is approximately 3x the altitude.

  Solve the following equation

Solve the following equation

  Evaluate the equation of the indicated curve

Find the equation of the Straight line from the given data - Evaluate the equation of the indicated curve, subject to the given conditions,

  Information about contradiction

Suppose u and v are non-parallel unit vectors, a=u+sqrt(3)v and b=u-sqrt(3)v. If the angle theta between u and v are the same as that between a and b, find cos theta.

  The mean bone marrow micro vessel density

At the .01 level of significance, is there sufficient evidence to conclude that the mean bone marrow micro vessel density is higher before the stem cell transplant than after the stem cell transplant?

  Draw a venn diagram

Only two pupils take all the four subjects. Draw a Venn diagram and use it to find how many pupils take neither Physics nor Chemistry.

  Calculate the probability of a head on the first flip

A silver dollar is flipped twice, calculate the probability of each of the following occurring: A, a head on the first flip

  Computing a percentage discount

I know the discounted value of the stock and I want to know what the value of the stock was before the discount. The stock was discounted 15%.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd