math 20 (finance)

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Can someone walk me through how I would enter this into the calculator TMV solver. Can it be done?
Jeremy has a balance owing of $4000 on his credit card. The credit-card company charges 18.0% annual interest, compounded monthly.

1.) If Jeremy makes payments of $300 every month, how much will he still owe after making 12 payments?

2.)Determine the monthly payment necessary to have the loan paid off in full after 12 payments.

  • math 20 (finance) -

    i = .18/12 = .015

    amount owing = 4000(1.015)^12 - 300[ 1.015^12 - 1]/.015
    = .... you do the button - pushing


    2. solve for 'paym'

    4000 = paym [ 1 - 1.015^-12]/.015

    paym = .... again, you do the button-pushing

  • math 1111 -

    Find an equation of the circle that satisfies the given conditions.
    Endpoints of a diameter are
    P(−2, 1) and Q(6, 7).

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