Caitlin has a balance of $4,880 on her credit card that has an APR of 16%. She currently pays the minimum monthly payment of $105. 86. If Caitlin wants to pay off her balance in 20 months, determine the monthly payment she would need to make. Choose the following modification with the least cuts to her current expenses that will allow Caitlin to pay off her balance in 20 months. Income Wages $2,896. 00 Expenses Rent $1200. 00 Utilities $212. 64 Food/Clothes $335. 00 Entertainment $346. 00 Car $490. 00 Credit Card $105. 86 Cell Phone $116. 37 Net Income $90. 13 a. Caitlin can eliminate $100 from Food/Clothes and $85 from Entertainment. B. Caitlin can eliminate $62 from Food/Clothes and $49 from Entertainment. C. Caitlin can eliminate $54 from Food/Clothes and $120 from Entertainment. D. The minimum payment is enough to pay off the balance within 20 months.

Answers

Answer 1

If Caitlin can eliminate $54 from Food/Clothes and $120 from Entertainment. Then she can pay the credit amount in 20 months.

What is APR?

APR on a credit card is the way of saying that the interest you are charged over a year is equal to roughly of your balance.

Caitlin has a balance of $4,880 on her credit card that has an APR of 16%.

She currently pays the minimum monthly payment of $105. 86. If Caitlin wants to pay off her balance in 20 months, determine the monthly payment she would need to make.

Choose the following modification with the least cuts to her current expenses that will allow Caitlin to pay off her balance in 20 months.

Income

Wages $2,896. 00

Expenses

Rent $1200. 00

Utilities $212. 64

Food/Clothes $335. 00

Entertainment $346. 00

Car $490. 00

Credit Card $105. 86

Cell Phone $116. 37

Net Income $90. 13

The net amount will be over 20 months is 5591.8.

Monthly payback will be

[tex]\rm Monthly\ pay = \dfrac{5591.8}{20}\\\\Monthly\ pay = 279.59[/tex]

She was paying 105.68 dollars per month. Then the amount will be

Amount = 279.59 – 105.68 = 173.73

If Caitlin can eliminate $54 from Food/Clothes and $120 from Entertainment. Then she can pay the credit amount in 20 months.

More about the APR link is given below.

https://brainly.com/question/8846837


Related Questions

an art teacher had 2/3 gallon of paint to pour into containers. if he poured 1/8 gallon of paint into each container until he ran out of paint, how many containers had paint in them, including the one that was partially filled?

1
SEE ANSWER

Answers

Answer:

6 containers

Step-by-step explanation:

        This problem is asking us to divide the total 2/3 gallons by the 1/8 gallon of paint being poured into each container.

Given:

[tex]\frac{2}{3} /\frac{1}{8}[/tex]

"Keep, change, and flip:"

[tex]\frac{2}{3}*\frac{8}{1}[/tex]

Multiply across:

[tex]\frac{2*8}{3*1} =\frac{16}{3}[/tex]

Simplify:

5 [tex]\frac{1}{3}[/tex]

        Since the problem is counting the one partially filled, we round 5 [tex]\frac{1}{3}[/tex] up to be 6 containers with paint in them.

Find the values of the missing arc or find x

Answers

Answer: x=3

Step-by-step explanation:


helpppppppppppp meeeeee

Answers

Start by labeling the lines going up by 1 and going over one and then plot the coordinates.

2,000 divided by 5,500

Answers

0.3636363636 and so on

Answer:

4/11 or 0.36

Step-by-step explanation:

An ice-skating competition lasted three days. Day one had an attendance of 16,390 people. Day two had an attendance of 16,550 people. Day three had an attendance of 16,237 people. Write the days in order from least attendance to greatest attendance. Use words or numbers to show how you know.

Answers

Answer:

[tex]Day\ 3 = 16237[/tex]

[tex]Day\ 1 = 16390[/tex]

[tex]Day\ 2 = 16550[/tex]

Step-by-step explanation:

Given

[tex]Day\ 1 = 16390[/tex]

[tex]Day\ 2 = 16550[/tex]

[tex]Day\ 3 = 16237[/tex]

Required

Order from least to greatest

Comparing 16390, 16550 and 16237.

The order of arrangement from least to greatest is:

16327, 16390 and 16550.

So, we have:

[tex]Day\ 3 = 16237[/tex]

[tex]Day\ 1 = 16390[/tex]

[tex]Day\ 2 = 16550[/tex]

Round 324,145
to the nearest
hundred thousand.

Answers

Answer:

320,145

Step-by-step explanation:

Anything under 5 goes down and anything above 5 goes up.

Answer:

300,000

Step-by-step explanation:

Given the following question:

[tex]324145[/tex]

To round to the nearest hundred thousand of this number we must first find the hundred thousand place value and then determine if the number next to that place value is greater than five, if so, we can round the number up.

[tex]324145[/tex]
[tex]PV=3[/tex]
[tex]2 < 5[/tex]
[tex]=30000[/tex]

Rounded to the nearest hundred thousand "300,000" is your answer.

Hope this helps.

What do the slope and y-intercept indicate?
a. The slope indicates that the percent in 1985 should have been about 19%. The y-intercept
indicates that the percent is falling at about 0.4% each year.
b. The slope indicates that the percent is falling at about 0.4% each year. The y-intercept
indicates the percent in 1985 should have been about 19%.
C. The slope indicates tha the percent has remained the same for each year. The y-intercept
indicates the percent in 1985 should have been 22%.
d. There is not enough information to determine what the slope and y-intercept indicate.

Answers

Answer:NOT C

Step-by-step explanation:

HELP HAVING BAD DAY
Walking at a speed of 3 mph, Jack gets to school in 10 minutes and arrives to school right before the class starts. Today Jack needs to be at school 4 minutes earlier. How fast does Jack need to run this morning?

Answers

Answer:

5mph

Step-by-step explanation:

5mph

Which would be used to solve this equation? Check all that apply.
1. subtracting 3 from both sides of the equation
2. multiplying both sides of the equation by 3
3. dividing both sides of the equation by 3
4. substituting 4 for p to check the solution
5. substituting 36 for p to check the solution

Answers

whats the equation ?

What is 145.4 - 140.02 ?

Answers

Answer:

5.38

Step-by-step explanation:

145.4 - 140.02 = 5.38
5.38 that is the answer, 145.5 - 140.02 = 5.38

1. In this scale drawing of Mr. Sanchez's garden,
each square represents 1 square meter. What
is the perimeter of the garden?
A. 36 meters
C. 48 meters
B. 45 meters
D. 51 meters
Garden

Answers

Answer:

A 36 meters

Step-by-step explanation:

the perimeter is the sum of all sides around the object.

and 1 m² is a square with 1m side length.

so, we only need to count the bordering squares.

we have

12 + 3 + 3 + 5 + 2 + 3 + 3 + 5 = 36 m

I guess, we are only doing the first drawing, right ?

please help asap I'm not sure how much time I have

Answers

tan 37,4 = opposite/adjacent

tan 37,4 = x/12,8
• then multiply both sides by 12,8

12,8tan 37,4 = x
Therefore x = 9, 79 x 100
= 97, 86
= 100
( I guess that’s how you can round it to the nearest hundred, please correct me if I’m wrong)

Second one:

Help me please.......

Answers

Step-by-step explanation:

Step 1: 5x - 3 + 3 = 12 + 3

Step two: 5x = 15

Step three: 5x/5 = 15/5

Step four: x = 3

Answer:

step one- 5x-3+3=12+3

step two- 5x=15

step three- 5x/5=15/5

step four- x=3

Choose the correct equation of the line
Use the goes information to write the equation of the line
slope 2. intercept - 2
. A y=-2x+2
28. y=22-2
OC. 2x+2y=1
OD. y = - 4x

Answers

Answer:

b. y=2x-2

Step-by-step explanation:

y=mx+b

m= slope

b=y intercept

Match the statement to its reason

Answers

Answer:

A,b,c,n

Step-by-step explanation:

(-2,3) and (-1,-2) in slope intercept form and point slope form

Answers

Bjsjshshsjssdddjbhhdgehhee

Which of the following are lengths of the sides of a 30°-60°-90° triangle? A. 5√3, 15., 10√3 units B. 3, 4, and 5 units C. √3, 3√3 and 2√3 units D. 5√6, 12√6, and 13√6 units​

Answers

Answer:

A

Step-by-step explanation:

law of sine

c/sin(C) = b/sin(B) = a/sin(A)

with the sides and corresponding angles being always opposite.

sin(90) = 1

sin(30) = 0.5

c, the Hypotenuse, is the longest side in such a right-angled triangle.

c/1 = b/0.5

b = c×0.5 = c/2

so, one side has to be half the length of the longest side (Hypotenuse).

the only answer meeting that criteria is A.

the longest side is 10×sqrt(3) = 17.32...

the side half of that is 5×sqrt(3).

and Pythagoras for such a triangle is then

c² = (c/2)² + a²

c² = c²/4 + a²

so, a² = 3c²/4

c² = c²/4 + 3c²/4

therefore we can check also the third side

15² = 3×(5×sqrt(3))² = 3×25×3 = 3×75 = 225 = 15²

correct.

A is such a triangle.

Tiana placed two orders for flowers and bushes. The first order was for 24 flowers and 6 bushes. The total cost of the first order was $144. The second order was for 18 flowers and 3 bushes. The total cost of the second order was $90. What is the cost of each plant?

Answers

Answer:

Step-by-step explanation:

24x + 6y = 144.

18x + 3y = 90.

Divide the (24x + 6y = 144) by 3.

8x + 3y = 48.

18x + 3y = 90.

Cancel the 3y.

8-18x = -10x.

48-90 = -42.

-10x = -42.

x = 4.2

8(4.2) + 3y = 48.

33.6 + 3y = 48.

Cancel out the whole number.

3y = 14.4

y = 4.2

The cost of a flower is $3 and a bush is $12.

What is the system of equations?

One or many equations having the same number of unknowns that can be solved simultaneously are called simultaneous equations. And the simultaneous equation is the system of equations.

Given:

Tiana placed two orders for flowers and bushes.

The first order was for 24 flowers and 6 bushes.

The total cost of the first order was $144.

The second order was for 18 flowers and 3 bushes.

The total cost of the second order was $90.

Let x be the number of flowers and y be the number of bushes.

So, we have a system of equations,

24x + 6y = 144

18x + 3y = 90

Simplifying,

4x + y = 24

6x + y = 30

Subtracting the equations,

we get,

2x = 6

x = 3, and y = 12

Therefore, the solution is x = 3, and y = 12.

To learn more about the system of equations;

brainly.com/question/13729904

#SPJ2

Put the steps in correct order for the equation Solve 3(2x−7)+5=−19

Answers

Answer:

6x-21+5 = -19           Distribute

6x-16 = -19               Combine like terms

6x = -3                       Add

x = -1/2                    Division

Answer: x=-1/2 in decimal form -0.500

Step-by-step explanation:  Rearrange the equation by subtracting what is to the right of the equal sign from both sides of the equation :

                    3*(2*x-7)+5-(-19)=0

3 • (2x - 7) +  5) -  -19  = 0

Pull out like factors :

  6x + 3  =   3 • (2x + 1)

Solve  :    2x+1 = 0  

Subtract  1  from both sides of the equation :  

                     2x = -1

Divide both sides of the equation by 2:

                    x = -1/2 = -0.500

What is the y intercept function f?

Answers

the correct answer is B : -2

Among the 20 pirates of the Flightless Folly
crew, 4 of them own a pet crab each. What
percentage of pirates on board the ship own
a pet crab?

Answers

Answer:

20 percent

Step-by-step explanation:

4/20 or 1/5 or 20 percent

Find the area. Help please!!!! ​

Answers

30 because since the 2 shapes are just cut in half perfectly both shapes will be 15 and 15+15 = 30

i need help ASAP!!!!!

Answers

Answer:

The correct answer should be 4

Type the correct answer in each box. Spell all the words correctly, and use numerals instead of words for numbers. If necessary, use / for the fraction bar(s). We can show that ∆ABC is congruent to ∆A′B′C′ by a translation of unit(s) and a across the -axis. Reset Next

Answers

Answer:

We can show that ∆ABC is congruent to ∆A′B′C′ by a translation of (x-2, y) unit(s) and a across the x-axis.

Step-by-step explanation:

The triangle ABC is shown in the image attached. The coordinates of the triangle are A(8, 8), B(10, 4), C(2, 6), while the triangle A'B'C' is at A'(6, -8), B'(8, -4), C'(0, -6).

A transformation is the movement of a point from its initial location to a new location. Types of transformation are rotation, translation, dilation and rotation.

If a point O(x, y) is translated a units on the x axis and b units on the y axis, the new coordinate is O'(x+a, y+b).

If a point O(x, y) is reflected across the x axis, the new coordinate is O'(x, -y)

Hence if triangle ABC is translated -2 units on the x axis (2 units left), the new coordinates are A*(6, 8), B*(8, 4), C*(0, 6). If a reflection across the x axis is then done, the new coordinates are A'(6, -8), B'(8, -4), C'(0, -6).

Answer:

We can show that ∆ABC is congruent to ∆A′B′C′ by a translation of 2unit(s) left and reflected across the x-axis.

Step-by-step explanation:

What is the solution to this equation?

Answers

Answer:

○ [tex]\displaystyle \textcolor{black}{D.}\:x = -100[/tex]

Explanation:

All you need to do is perfourm the the inverce of division [multiplication] to arrive at the result:

[tex]\displaystyle -100 = 5[-20][/tex]

I am joyous to assist you at any time.

Can someone help with the third one

Answers

Answer: 45%

Step-by-step explanation:

27/60 squares are covered

I reduced the fraction to 9/20, multiplied by 5 to make the denominator 100 and the numerator is 45, therefore fraction is 45/100.

Solve the equation.
-36= -6(2x-14)

1. 10
2. 1.8
3. 24
4. 4

isn’t it some crazy long number?

Answers

The answer to your question is 4

Find the area of the triangle below:

Answers

Answer:

9 cm^2

Step-by-step explanation:

The area of a triangle is calculated with the following formula:

1/2*b*h (b: base, h: height)

The base is given as 3 and height is 6 so

1/2*3*6 = 9 cm^2 is the answer we are looking for.

Which of the following is the best estimate for the direction of the given vector?
A. 60° N of E
B. 60° E of N
C. 60° W of S
D. 60° S of W

Answers

Answer:

A. 60-degrees N of E because it is closer to the east than the north.

Step-by-step explanation:

Find two integers with a product of −40 and a sum of −3.

Answers

1.) Two numbers have a sum of 3 and a product of -40. Find the numbers.
= 8,-5
8(-5) = -40
8 + (-5) = 3
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