calculator - Google X New Tab X Quiz: Amath190 Exar x Sy (\sqrt[17][133099)/X Mathway | Algebra: xs instructure.com/courses/2438849/quizzes/8459624/take CA ments 4 758.4 D Question 8 10 pts ts arces es ons Flip opened a credit card account. During the first month he purchased a new bed, couch, and stereo, and then put the card in a desk drawer and didn't use it again. The structure of the minimum monthly payment is the interest charge plus an additional 3% of the remaining balance. If Flip only makes the minimum monthly payment, how many months will it take for the remaining balance to be half the amount of Flip's original purchases? Round your answer to the nearest tenth of a month. Only type in the number. Do not type in the word "month". Example: 17.8 Use the following formula to help you answer this question. Balance Half-time = log(0.5) log(b) where b is the decay factor. B

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Quiz: Amath190 Exar x
Sy (\sqrt[17][133099)/X
Mathway | Algebra: xs
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Question 8
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Flip opened a credit card account. During the first month he purchased a new bed, couch, and
stereo, and then put the card in a desk drawer and didn't use it again. The structure of the
minimum monthly payment is the interest charge plus an additional 3% of the remaining
balance. If Flip only makes the minimum monthly payment, how many months will it take for
the remaining balance to be half the amount of Flip's original purchases?
Round your answer to the nearest tenth of a month. Only type in the number. Do not type in
the word "month". Example: 17.8
Use the following formula to help you answer this question.
Balance Half-time =
log(0.5)
log(b)
where b is the decay factor.
B
Transcribed Image Text:calculator - Google X New Tab X Quiz: Amath190 Exar x Sy (\sqrt[17][133099)/X Mathway | Algebra: xs instructure.com/courses/2438849/quizzes/8459624/take CA ments 4 758.4 D Question 8 10 pts ts arces es ons Flip opened a credit card account. During the first month he purchased a new bed, couch, and stereo, and then put the card in a desk drawer and didn't use it again. The structure of the minimum monthly payment is the interest charge plus an additional 3% of the remaining balance. If Flip only makes the minimum monthly payment, how many months will it take for the remaining balance to be half the amount of Flip's original purchases? Round your answer to the nearest tenth of a month. Only type in the number. Do not type in the word "month". Example: 17.8 Use the following formula to help you answer this question. Balance Half-time = log(0.5) log(b) where b is the decay factor. B
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