Find the new balance at the end of march

Assignment Help Mathematics
Reference no: EM13200705

The March 1 unpaid balance in an account was $115. On March 8, a payment of $35. was made.No new purchases were made in March. The finance charge rate was1.3% per month of the average daily balance. Find the new balance at the end of March.

Reference no: EM13200705

Questions Cloud

Find the probability that the class length : The lengths of a professor's classes has a continuous uniform distribution between 50.0 min and 52.0 min. If one such class is randomly selected, find the probability that the class length is less than 50.5 min.
What will price and output be if there is no dominant firm : What will price and output be if there is no dominant firm Now assume that there is a dominant firm, whose marginal cost is constant at $6. Derive the residual demand curve that it faces and calculate its profit-maximizing output and price.
Find the parametric equations : Find the parametric equations for the tangent line to the curve x = t^{5} - 1, y = t^{5} + 1, z = t^{3} at the point (242, 244, 27). Use the variable t for your parameter.
Machining equipment and a robotic arm : Your company is installing a new piece of machining equipment and a robotic arm. Your manager asks for the project costs by cost category as well as the total amount.
Find the new balance at the end of march : The March 1 unpaid balance in an account was $115. On March 8, a payment of $35. was made.No new purchases were made in March. The finance charge rate was1.3% per month of the average daily balance. Find the new balance at the end of March.
Define what is the rate of the boat in still water : It travels 430 going downstream in the same amount of time. What is the rate of the boat in still water and what is the rate of the current?
What is the rate of the account : Maria has a savings account that is earning simple interest. If she started with $200 in the account and has earned a total of $8 in interest in two years, what is the rate of the account? Use the formula.
Lower is a number of particular mathematical significance : The following eight numbers can be grouped into four pairs such that the higher of each pair divided by the lower is a number of particular mathematical significance (at least to 4 decimal places).
To maximize profits in the short-run : A monopolist is currently producing a level of output where Price = $110; Marginal Revenue = $10; Quantity = 100; Total Cost = $15,000; Marginal Cost = $10; Total Fixed Cost = $4,000.To maximize profits in the short-run, the monopolist should do.

Reviews

Write a Review

Mathematics Questions & Answers

  Explain how long will it take your money to triple

how long will it take your money to triple if you originally invested $10,000 at 5.6% compounded annually?

  Define the variables

How many days would the company have to operate each factory in order to fill an order for exactly 500 baseline and 325 GT cars?

  Rational functions-polynomials

Explain what makes a function a polynomial. Give an example of a function that is a polynomial and a function that is not a polynomial.

  How fast is the water level rising

A trough is 20 ft long and its ends have the shape of isosceles triangles that are 1.5 ft across at the top and have a height of 1 ft. If the trough is being filled with water at a rate of 11 ft3/min, how fast is the water level rising when the wa..

  Use the poisson model to approximate the probability

Use the Poisson model to approximate the probability. Round your answer to four decimal places.

  Discussing exponential function

Give an example of an exponential function. Find this exponential function's inverse, which will be a logarithmic function. Plot the graph of both the functions.

  Balance point of a triangle

Need to prove that the centroid is the balance point of a triangle using only GEOMETRY with no vector addition allowed and I can't use the "equal areas" argument as far as the 6 triangles that are made with the medians.

  Write an equation for the profit

If $40 is charged for a set up fee, and the monthly hanger rental is $800; write an equation for the profit, P, in terms of x.

  Approximate the area bounded by f(x) and the x axis

f(x)= the square root of x^2+1 and [0,4] . Use the midpoint rule with 4 rectangles to approximate the area bounded by f(x) and the x axis.

  What is the value of your house

If your real estate taxes are $4,500 annually and you know that the rate is 3%, what is the value of your house?

  What would be the comparable amounts of oatmeal

A recepie for muffin mix calls for 8 cups of flour ,2 2/3 of cups of oatmeal ,and 4 tablespoons of baking powder along with other ingridients .If you had only 3 cups of flour , what would be the comparable amounts of oatmeal and baking powder.

  Describe why each is continuous or discrete

In your own line of work, give one example of a discrete and one example of a continuous random variable, and describe why each is continuous or discrete.

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