Rory paid his previous balance of $1,045 in full, but was a week late in making his payment. Since his credit card company's policy is $29.00 for being late and a finance charge a 1.5% of the balance with a minimum of $25, how much will be added in fees to his next bi? Select one O a 554.00 Ob. $156.75 OC S4.68 Od. s85.75

Q: The financial officer of Toys and Noise arranges a loan of $8,500, at 8.5% interest, for 31 months.…

A: Given information P=$8,500 Rae of interest r=8.5% Since, time t=31 months Hence, t=3112 years Use…

Q: Your friend is going to borrow $150,000 using a 30 year mortgage with a 4.25% APR. Which of the…

A: Monthly mortage payment formula for borrowing amount (M), years of mortage (t) and rate of interest…

Q: Mr. Dan Dapper received a statement from his clothing store showing a finance charge of $2.30 on a…

A: Given Information - Finance charge on previous balance = $2.30 Previous Balance = $100 We have to…

Q: Anna's employer covers 80% of the cost of a $5700-per-year health insurance plan, and her share of…

A:

Q: Mr. Dan Dapper received a statement from his clothing store showing a finance charge of $2.10 on a…

A: Solution is given below:-

Q: Find the gross income, the adjusted gross income, and the taxable income. Suppose your neighbor…

A: Given that, Wages=$319,150Interest earned=$1790Tax-deferred retirement plan=$4100Personal…

Q: Ransford and Alda Mariano own a home recently appraised for $428,500. The balance on their existing…

A: The appraised value of the home is $428,500.

Q: Tristan Sandino sold a 4.85%, $1,000 bond 80 days after he had received the last interest payment.…

A: Annual Interest Calculation:Bond value = $1,000Annual interest rate = 4.85%Annual interest =…

Q: Paul Peters received a statement from the ABC Department Store showing a previous balance of $90. If…

A: Interest = (Rate of interest × Amount× Time)/100 Amount = $90 ROI = 2.5% Time = 1 Month

Q: On September 26, 2010, Eric received $5,000 from his father. He settled this amount on March 6, 2011…

A: Given that on September  Eric received from his father. He settled this amount on March with…

Q: Find the monthly payment on a VCR with an installment price of ​$976.44​, 12 monthly​ payments, and…

A:

Q: Rodrigo is planning on buying a new home. The total amount he needs to borrow is $385,538. The…

A:

Q: If a car priced  at $17,305 is offered for nothing down with 60 monthly payments of $397.63, what is…

A: Given Information -  Cost of the car = $17,305 Monthly payments to clear the debt = $397.63 Number…

Q: The Hilton Resort in South Carolina offers a 3-day accommodation at a promotion price of C$316. If…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $426,500. The balance on their existing…

A:

Q: Marks. On Feb. 26, George gave Nita a time extension on her bill by accepting a $4,800, 6%, 155-day…

A:

Q: I signed a 10,000.00 simple discount promissory note at a bank. The discount rate was 6% ordinary…

A: The amount of proceeds is calculated as follows. Proceeds=Face Value - Discount   Obtain the…

Q: f your monthly salary is $5,167 and 28% is withheld for taxes and social Security, How much will be…

A:

Q: Joe I married and claims three allowances. The gross earnings on his last bi-weekly check were…

A: Gross earnings = $1895

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.