When you use credit card to purchase an item, you are actually making a loan. A constant percent interest added to the balance. Ghel buys a television worth P15,000.00 with his credit card. The balance then grows 2.5% each month. How much will he owes if he will not pay for 6months? 1.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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EXPONENTIAL FUNCTION
II. Solve the following problems. Show your complete and neat solutions.
1.
When you use credit card to purchase an item, you are actually making a loan. A
constant percent interest added to the balance. Ghel buys a television worth P15,000.00
with his credit card. The balance then grows 2.5% each month. How much will he owes if he
will not pay for 6months?
Transcribed Image Text:II. Solve the following problems. Show your complete and neat solutions. 1. When you use credit card to purchase an item, you are actually making a loan. A constant percent interest added to the balance. Ghel buys a television worth P15,000.00 with his credit card. The balance then grows 2.5% each month. How much will he owes if he will not pay for 6months?
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