2. You charged $ 1,000 on your credit card for Christmas presents. Your credit card company charges you 16 % annual interest, compounded monthly. If you make the minimum payments of $25 per month, how long will it take [to

26,751 results
  1. Advanced Algebra

    The table summarizes the credit card debt Michael currently holds. Use this table to answer the question that follows. Credit Card Balance APR Minimum Payment Total Interest Paid Number of Months to Pay off Home Improvement Card $2,500 23.4% $100 $2,095

  2. Applied statistics for business and economics

    Only 0.02% of credit card holders of a company report the loss or theft of their credit cards each month. The company has 15,000 credit cards in the city of Memphis. Use the Poisson probability tables to answer the following questions. What is the

  3. consumer math

    1. Which of the following is an advantage of using credit cards? (Points : 1) Credit card accounts charge monthly interest. It is very easy to charge more than you can pay off each month. If you pay late, you will be charged a late fee. They are

  4. finance

    You have credit card debt of $25,000 that has an APR (monthly compounding) of 15%. Each month you pay minimum monthly payment only. You are required to pay only the outstanding interest. You have received an offer in the mail for an otherwise identical

  5. Math

    The Bennetts spend $10,000.00 on a home improvement project. They make the purchase with a credit card that has a 9% APR. They decide to make $150.00 monthly payments. How many months will it take to pay off the credit card balance? Can someone show me a

  6. statistics

    A credit card company estimates that the average credit card balance of Americans is $3,210. A statistics student wants to know whether this is true for citizens of her home town. Which hypothesis test would be most appropriate for addressing this

  7. Math

    Yvonne bought a new computer and printer for college. The total cost was $2500, which she put on her new credit card that has an interest rate of 13.5%. She makes a $75.00 monthly payment. How many months will it take to pay off the credit card balance? I

  8. math

    On a vacation in cananda steve used his credit card to buy a camera for Can $250.00 trinirose: What is the value of the camera in Ja $. a)I know the asnwer is $18,125 Ja dollars b)steve has a credit limit of Ja $30,000.00.After buying the camera,how many

  9. Advanced Algebra

    Charlene is on spring break in Mexico. She purchases a souvenir for 161 pesos, which she charges to her credit card. If the exchange rate that day is USD to MXN = 11.59, how much will her card be charged in U.S. dollars? a-$149.41 b-$7.20 c-$172.59

  10. Math

    Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each month equal to the interest

  11. Math

    Yvonne bought a new computer and printer for college. The total cost was $2500, which she put on her new credit card that has an interest rate of 13.5%. She makes a $75.00 monthly payment. How many months will it take to pay off the credit card balance? I

  12. Statistics

    At 100 college campuses, 1200 full-time undergraduate students were surveyed on their credit card usage. Among juniors, 65% reported that they didn't have a credit card in their own name, and 23% reported that they had at least one credit card in their own

  13. algebra

    i need help writing this out.. You have a credit card with a balance of $754.43 at a 13.6% APR. You have $300.00 available each month to save or pay down your debts. a. How many months will it take to pay off the credit card if you only put half of the

  14. statistics

    The credit card industry has determined that about 65% of college student ls will be late making a minimum payment when paying their credit card every year atleast once. If 10 randomly selected students who own a credit card is selected what is the mean

  15. computer programming

    Paying Off Credit Card Debt Each month, a credit card statement will come with the option for you to pay a minimum amount of your charge, usually 2% of the balance due. However, the credit card company earns money by charging interest on the balance that

  16. English

    I had to rewrite sentences so that there were no longer fragments are they correct? 1. The idea of a credit card first appeared in 1887, according to Lawrence M. Ausbel, author of “Credit Cards,” in the McGraw- Hill Encyclopedia of Economics. 2.

  17. Finance

    Due to poor spending habits, Bryant has accumulated $5,000 in credit card debt. He has missed several payments and now the annual interest rate on the card is 16.75 percent! If he pays $200 per month on the card, in total, how much interest expense does

  18. Math

    Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each month equal to the interest

  19. Math

    Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each month equal to the interest

  20. History

    Caitlin wants to buy an airline ticket. but she's uncomforable taking that much cash to the counter at the airport. instead, she uses her credit card. Which advantage of credit is being demonstrated here A. emergencies B. building a credit line C.

  21. MATH

    You have a credit card that has a balance of $3,589.90 and a credit limit of $5,000. If you have a good credit rating OF 5.90%, how much must you pay at the end of the month to get the balance to the acceptable debt ratio percentage?

  22. Statistics

    A bank is testing a new method for getting delinquent customers to pay their past-due credit card bills. The standard way was to send a letter (costing about $0.45) asking the customer to pay. That worked 30% of the time. The bank wants to test a new

  23. finanance

    2. You charged $ 1,000 on your credit card for Christmas presents. Your credit card company charges you 16 % annual interest, compounded monthly. If you make the minimum payments of $25 per month, how long will it take [to the nearest month] top pay off

  24. Probability - PLEASE HELP

    From industry statistics, a credit card company knows that 0.8 of its potential card holders are good credit risks, and 0.2 are bad credit risks. The company uses discriminant analysis to screen credit card applicants and determine which ones should

  25. com155

    Having a credit card could get someone into much trouble if it is not used responsibly. I personally have nightmares when it concerns credit cards. I do not like paying interest on something when it is not necessary. I learned how to use credit cards the

  26. economics

    What are the advantages and disadvantages of using a credit card? The good: Don't need to cary cash. Can buy needed goods on credit when you otherwise wouldn't be able to. The bad: Usually you pay high interest until the balance is zero. Most people are in

  27. my success

    Which of the following best describes an overdraft fee? removing money from an account, typically for payment percentage charged for the use of borrowed money the amount of money a consumer is allowed to spend on their credit card a fee charged when an

  28. comp

    Can u help me identify in my paragraph all the pronouns used by italicizing them, bold each adverb, and underline each adjective and use parenthesis for at least three comparatives and three superlatives? My friend said that she was never going to get a

  29. computer programming

    Paying Off Credit Card Debt Each month, a credit card statement will come with the option for you to pay a minimum amount of your charge, usually 2% of the balance due. However, the credit card company earns money by charging interest on the balance that

  30. english

    Choose the sentence that would make the best topic sentence in a paragraph on credit cards. A. The interest rate can jump to nearly 60 percent per year. B. Students should watch out for unexpected fees when they get a credit card. C. Some banks start

  31. Math

    Kyles credit card bill is $455. Kyle sends a check to the credit card company for $83,charges another $107 in merchandise, and then pays off another $348 of the bill. How much does Kyle owe the company?

  32. Statistics

    Customers at a Publix grocery store in Charleston, South Carolina, can pay for purchases with cash, a debit card, or a credit card. Fifty-five percent of all customers use cash and 38% use a debit card. Careful research has shown of those paying with cash,

  33. Accounting

    Hankco accepts all major bank credit cards, including Omni Bank's, which assesses a 3% charge on sales for using its card. On June 28, Hankco had $4,500 in Omni Card credit sales. What entry should Hankco make on June 28 to record the deposit? A. Debit

  34. Marketing

    1. Recently American Express, Visa and MasterCard have been pushing hard into the small-ticket end of the credit card market. The purchase of items such as fast food meals, and movie popcorn and candy have been targeted as growth areas for credit card

  35. math

    Which is an advantage of using a credit card over a debt card? A. You must have enough money in your account to cover your purchases. B. You don’t have to carry cash. C. Used responsibly, it can help build a positive credit history. D. You pay interest

  36. math 101

    Stacey has a $8,000 balance on her credit card that has an interest rate of 21%, compounded monthly. (a) If she decides to pay it off over 5 years with equal monthly payments, how much should each payment be? (b) How much interest will Stacey pay to the

  37. Math help please

    I know I asked this question but i didnt get a answer.I really need help, thank you so so much credit card (Credit Card A) charges 18% compounded monthly. The second credit card (Credit Card B) charges 18% compounded semi-annually. The third credit card

  38. Math

    Noah has just graduated high school and has some credit card offers! The first credit card (Credit Card A) charges 18% compounded monthly. The second credit card (Credit Card B) charges 18% compounded semi-annually. The third credit card (Credit Card C)

  39. com156

    courses per year the total comes to $8,760. With this information financial aid does not begin to cover my tuition for a year. The only other option I have is to apply for a student loan, scholarship, or a credit card. There’s a downside to using a

  40. Statistics - Help!

    I really really need help with this. Can someone please look at it and let me know. At 100 college campuses, 1200 full-time undergraduate students were surveyed on their credit card usage. Among juniors, 65% reported that they didn't have a credit card in

  41. math

    Noah has just graduated high school and has some credit card offers! The first credit card (Credit Card A) charges 18% compounded semi-annually. The second credit card (Credit Card B) charges 19% compounded monthly. The third credit card (Credit Card C)

  42. comm 155 continued

    I following is a paragraph regarding my experience with credit cards. I now need to bold the nouns and pronouns and underline the verbs. I do not know why, but I am having a hard time with this. Any help please. When I was 18, I received my first credit

  43. Math

    David would like to buy a laptop computer and save 20 percent during sale. He uses his credit card to pay for it. David is counting on getting a lot of money in graduation presents from his parents' business associates. David knows that his credit card

  44. Probability

    Based on experience, the manager of a credit card company reports that three out of every ten credit card applications are disapproved. Use the normal approximation to determine the probability that at most 50 of 200 new credit applications will be

  45. Math

    1. You have two credit cards. Credit card 1 has a balance of $7,512.33 with an APR of 21.25% and limit of $10,000. Credit card 2 has a balance of $623.34 with an APR of 24.15% and limit of $7,500. In your own words, which credit card should you focus on

  46. statistics probablity

    Each time that Ed Charges an expense to his credit card, he omits the cents and records only the dollar value. If this month he has charged his credit card 20 times what can be said about the probability that the record shows at least $15 less than the

  47. Comm 155

    I need help finding the adverbs and adjectives in this sentence. I think I found some. Please help. As I started building up my credit, I took it slow so that I would not over-extend myself at such a young age. Not long after I got my credit going I

  48. English

    Would this be an effecive thesis statement? Even though some feel as though a student having a credit card can teach financial responsibility, a credit card company should not be allowed to market to students on campus.

  49. english

    My fiancé does not think he needs a credit card right now. We are already in enough debt. It has actually consumed our lives. Although most of the debt we have is his. I have my debts too, but they are much smaller. This is why he does not need a credit

  50. english

    My fiancé does not think (he) needs a credit card right now. (We) are already in enough debt. It has actually consumed (our) lives. Although most of the debt (we) have is (his),I have (my) debts too, but (they) are much smaller. (This) is why (he) does

  51. com

    Can you please identify the adverbs and adjectives in the following paragraph. Having credit cards could get some people into serious debt. I had a credit card at one time. I learned the hard way about using credit cards. I was using it for anything and

  52. Com 155

    I following is a paragraph regarding my experience with credit cards. I had to use least five adverbs and five adjectives in my paragraph. I have to bold the adverbs and underline the adjectives, the only problem is I am having a hard time figuring out

  53. English

    Write several sentences describing a recent interaction with a friend or family member about personal finance or credit cards. · Use at least five different pronouns in your sentences. Please let me know if I have done this correctly. While away at

  54. Statistics

    Let's say that your average monthly charge is normally distributed with a mean of $500 and a standard deviation of $100. The credit card company will call anytime your purchases for the month exceed the 99th percentile. What is the dollar amount beyond

  55. Financial services

    You want to buy a used all-train vehicle (ATV) that costs $2800.00. You have 1100.00 in savings and can save $200.00 more a month. Your local credit union offers loans at 6.50% per annum over a term of 12 months. You have a bank credit card with an

  56. Computer science

    Paying Off Credit Card Debt Each month, a credit card statement will come with the option for you to pay a minimum amount of your charge, usually 2% of the balance due. However, the credit card company earns money by charging interest on the balance that

  57. Math

    Anne now has a balance of $900 on her credit card, on which 1.5% interest per month is charged. Assume that she makes no further purchases or payments (and that the credit card company doesn't turn her account over to a bill collector). (a) Find the rule

  58. business math

    . Jason’s credit card’s beginning unpaid balance for August is $2,000. During the August billing cycle he made a payment of $200 and used card to purchase $50 worth of grocery. Credit card charges 24% annual percentage rate and uses the unpaid balance

  59. Credit Cards

    the credit card company will: -charge interest on remaining bill -send u another bill -ur credit card will be cancelled -add montly fee If u don't pay ur entire balance each month. I chose 1st one, is it correct?

  60. Pronoun Pratice

    I have written a paragraph about credit cards using at least five different pronouns. Could you please look over it and let me know if you see any errors, if my pronoun use is correct and if the sentences are complete. If you have any input about how a

  61. English

    Adjectives/Adverbs I need to underline the adjectives and bold the adverbs. Just need help if I did it correctly. Since this doesnst let me do underline and bold I will make the adjectives in () and the adverbs in ** Thanks I have had both *good* and *bad*

  62. Finance

    Present Value of an Annuity Sandra and Regina earn the same salary. However, Regina has been far more financially responsible. She pays her bills on time and pays off her credit card debt quickly. Sandra had been less financially responsible. She often

  63. Kennedy King

    Present Value of an Annuity Sandra and Regina earn the same salary. However, Regina has been far more financially responsible. She pays her bills on time and pays off her credit card debt quickly. Sandra had been less financially responsible. She often

  64. Intermediate Algebra

    Suppose you have a credit card debt of $6000. Last month, the bank charged you $85 interest on the deb. The solution to the equation is 85=6000/12 r represents the annual interest rate on the credit card. Find the annual interest rate on the credit card.

  65. Finance

    As a college student, you probably receive many credit card offers in the mail. Consider these two offers. The first card charges a 17 percent APR. An examination of the footnotes reveals that this card compounds monthly. The second credit card charges

  66. com155

    If I could get some help on the adverbs and adjectives in the following paragraph I wrote. I personally did not have any credit cards for a very long time. In the past I have had more then I needed and found them to just cause me problems. I was young and

  67. Math11

    You want to buy a used all-terrain vehicle (ATV) that costs $2800.00. You Have $1100.00 in savings and can save $200.00 more a month. Your local credit union offers loans at 6.50% per annum over a term of 12 months. You have a bank credit card with an

  68. Technology

    We are working on current advances in technology. I need to find out some info. for extra credit that is mandatory. One of the things I need to find out is: 5.)Tell whether or not you can get a account on iTunes without giving out a credit card number. My

  69. comm 155

    Describe your experience with credit and credit cards in a brief paragraph using at least five adverbs and five adjectives in your description. Bold the adverbs and underline the adjectives. What is the most effective way to determine whether a word is an

  70. grammar

    i am having a hard time figuring out the adverbs and adjectives in my paragraph, can anyone help me with this? A few years ago, I had filled out an application for a credit card from capital one. I was accetped and given a spending limit of 300 dollars. I

  71. Grammar

    **Are the adverbs and adjectives correct? **Are there any other adverbs or adjectives i missed? **The adverbs are surronded by and the adjectives are surronded by (). **The second paragraph is the second part of the assingment, are than any grammar errors

  72. statistics

    According to an estimate, 50% of the people in America have at least one credit card. If a random sample of 30 persons is selected, what is the probability that at most 18 of them will have at least one credit card?

  73. com 155

    Write several sentences describing a recent interaction with a friend or family member about personal finance or credit cards. This interaction may be imagined or real. Before going to college my son got (his) first credit card. (He) now has (himself) in a

  74. com155

    I recently decided to apply for a credit card. I have absolutly no credit. When I received my new credit card I was extremely excited. I thought I was going to be responsible with my new credit card but I was not. The first thing I did was go to the mall.

  75. 8TH GRADE MATH

    PLEASE HELP ASAP!!! When you use a credit card, you are charged interest each month on the balance in your account. You can use a spreadsheet to investigate the interest chargeed n a credit-card account. you use a credit card to buy a $450 airline ticket.

  76. Math

    PLEASE HELP ASAP!!! When you use a credit card, you are charged interest each month on the balance in your account. You can use a spreadsheet to investigate the interest chargeed n a credit-card account. you use a credit card to buy a $450 airline ticket.

  77. Math

    1. Ling has received been approved for a Visa credit card with a $2000 credit limit, however he has not charged that much since opening the account. On April 24, he discovers a monthly statement from March that had accidentally slid down between his desk

  78. business math

    1. Ling has received been approved for a Visa credit card with a $2000 credit limit, however he has not charged that much since opening the account. On April 24, he discovers a monthly statement from March that had accidentally slid down between his desk

  79. Credit Cards - Situations

    Here, Im given some lists of situations, and for each situation, Ive got to figure out if using credit would be a wise or unwise decision. Rosy’s car crashes down as she is on a business trip, its going to cost her over $2000 to have it fixed. She does

  80. math

    Each time Lucy uses her credit card she earns points from the credit card company. For every 100 dollars she spends she earns 50 points. Choose the equation that accurately represents the relationship between the two variables: m = amount of money spent,

  81. English

    Ok i need to write a paragraph and then find the adverbs and adjectives. I have found some of them, but I am afraid I might of missed a few...Help Please!! I had many(adjective) credit cards when I was younger(adverb). Sadly(adverb), because of these

  82. banking

    If 6 percent of all credit card charges never get paid, and total credit card charges last year were $750 billion, what was the total amount of unpaid credit card charges last year?

  83. algebra

    Hans purchased a prepaid phone card for $45.50. Calls cost 7 cents a minute using this card. The credit, C(in dollars), left on the card after it is used for x minutes of calls is given by the following function. C(x)=45.50-0.07x How much credit is left on

  84. Statistics Help Please

    A bank is testing a new method for getting delinquent customers to pay their past-due credit card bills. The standard way was to send a letter (costing about $0.45) asking the customer to pay. That worked 30% of the time. The bank wants to test a new

  85. Statistics

    A bank is testing a new method for getting delinquent customers to pay their past-due credit card bills. The standard way was to send a letter (costing about $0.45) asking the customer to pay. That worked 30% of the time. The bank wants to test a new

  86. MATHS STATISTICS

    A. According to an estimate, 50% of the people in the United States have atleast one credit card. If a random sample of 30 persons is selected, what is the probability that 19 of them has atleast one credit card? PLIZ REALLY NEED HELP!! THANKS VERY MUCH..

  87. Writing

    Please help.. Did i identify all of the adverbs and adjectives in the following? I personally did not have any credit cards for a very long time. In the past, I have had more then I needed and found them only causing me problems. I was young and not very

  88. math 20 (finance)

    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

  89. Maths

    Jason’s credit card’s beginning unpaid balance for August is $2,000. During the August billing cycle he made a payment of $200 and used card to purchase $50 worth of grocery. Credit card charges 24% annual percentage rate and uses the unpaid balance

  90. comm

    i need help identify adjectives and adverbs:My dad added me as an extra card holder on his credit cards. I was very excited that I could purchase products now and pay for them later. I didn’t realize how much money I was spending. He came over to my

  91. Principle of Business

    Jerry lost his credit card and instead of reporting it right away, he decides to continue looking for it believing he could find it. Some time passes and after two weeks, he logs into the account activity page of his credit card and sees a recent $500

  92. math

    David bought a new refrigerator for $799 and charged it on his credit card. If the card charges 23% simple interest, how much interest would be added after 18 months? Round your answer to the nearest cent. I am new to this can you help explain how to do

  93. Math

    You pull into a gas station where the sign says the gas costs $3.679. To fill up your tank you need 20 1/2 gallons of gas. You plan to use your credit card to pay. Rounded to the nearest cent, what will the charge be on your credit card? $75

  94. ENGLISH

    Please read for errors and correct them. Thank you for your request for a credit card with our store. Before we can issue you a credit card, we must ask you to furnish the information on the enclosed credit application. When we receive it we will process

  95. English Now

    Correct any errors found.Thank you! Thank you for your request for a credit card with our store. Before we can issue you a credit card, we must ask you to furnish the information on the enclosed credit application. When we receive it we will process your

  96. Statistics .05 level

    According to a survey conducted in October 2001, consumers were trying to reduce their credit card debt (Extracted from M. Price, “Credit Debts Get Cut Down to Size." Newsday, November 25, 2001, p. F3). Based on a sample of 1000 consumers in October 2001

  97. english

    Please help me identify the adjectives and adverbs in this: My experiences with credit and credit card started at age 18. I had several credit cards by the time I was in my mid-twenties. I did not realize that I over extended myself until I lost my job. I

  98. accounting

    Credit Policy Review The president, vice president, and sales manager of Moorer Corporation were discussing the company’s present credit policy. The sales manager suggested that potential sales were being lost to competitors because of Moorer

  99. Math

    Hak Young is tired at the end of the semester and decides he really needs a break so he pays for a one week all-inclusive trip to Disney Land with his credit card. In total the trip cost $3000 and his credit card charges 21% interest compounded monthly. He

  100. Math

    In 2001, credit card companies mailed 5 billion credit card applications to 262 million people. On average, how many applications were mailed to each person? Express your answer to the nearest whole application.

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