Wednesday

January 28, 2015

January 28, 2015

Posted by **Mary** on Tuesday, May 7, 2013 at 2:49pm.

2. Calculate the interest charge on a $5,000 balance with the Visa Student Card’s annual interest rate of 10.8%.

- math -
**Reiny**, Tuesday, May 7, 2013 at 3:51pmDid you mean the monthly interest charge?

I will assume that

Charge = 5000(.165)/12 = ...

do the same for #2

- math -
**Mary**, Tuesday, May 7, 2013 at 6:14pmA manufacturer produces ceiling fans at a cost of $38.25 per fan. During the summer months, it sells the fan in one of its retail outlets at a selling price of $55.00. However, during the fall and winter seasons, the manufacturer discounts its fans by 20% off the $55.00 selling price.

1. If you were to order 15 fans in the summer and 18 fans in the winter, what would be the total price paid?

2. Based on your findings above, how much would you save if you knew ahead of time that you needed a total of 33 fans for the year by buying them all in the winter?

**Answer this Question**

**Related Questions**

ctu math - calculate the interest charge on a $5.000 balance with the visa ...

Mathematics - I really need help with these three questions. Thank You. 1. ...

Computer science - Paying Off Credit Card Debt Each month, a credit card ...

computer programming - Paying Off Credit Card Debt Each month, a credit card ...

math - How do you find the interest and the new balance on these charge accounts...

math - charge account with MasterCard. Her credit limits is $ 1,000, but she not...

FINANCIAL ACCOUNT - 2. Robert purchases a motor car from Excellent Motors ltd ...

computer programming - Paying Off Credit Card Debt Each month, a credit card ...

math - average daily balance . find the credit card finance charge for the month...

math - Nancy Tai has recently opened a resolving charge account with MasterCard...