# 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

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

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

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

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

. 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.

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

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,

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

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

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.