You have a credit card that charges 18% per year interest or 1.5% per month. You buy a TV for $1100 on the credit card, but at the end of the month you only pay $100. You continue to pay

30,175 results
  1. 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

  2. Consumer math

    Could someone please check my answers? Secured Credit APR Excellent 4.75% Good 5.00% Average 5.85% Fair 6.40% Poor 7.50% -------------------------- Unsecured Credit APR Excellent 5.50% Good 5.90% Average 6.75% Fair 7.25% Poor 8.40%

  3. Math

    Trisha uses her credit card to pay for new tires that ended up totaling $527.89. She can pay off up to $200 a month. The card has an annual rate of 22.5%. How much will she pay in interest? 22.5% / 12 = 0.01875 interest per month 1st month 527.89 x 0.01875

  4. 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

  5. Math

    A certain department store requires its credit-card customers to pay interest on unpaid bills at the rate of 18% per year compounded monthly. If a customer buys a television set for $500 on credit and makes no payments for one year, how much is owed at the

  6. 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

  7. 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

  8. 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

  9. Math

    Katherine uses her credit card to purchase a new television for $709.15. She can pay off up to $350 per month. The card has an annual rate of 25.7% compounded monthly. How much will she pay in interest?

  10. economic

    You have a credit card that charges 18% per year interest or 1.5% per month. You buy a TV for $1100 on the credit card, but at the end of the month you only pay $100. You continue to pay $100 the next month. You pay the entire balance in the third month.

  11. 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

  12. math

    Phil had an unpaid balance of $1,854.50 on his credit card statement at the beginning of December. He made a payment of $45.00 during the month. If the interest rate on Phil's credit card was 2.5% per month on the unpaid balance, find the finance charge

  13. 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

  14. consumer math

    You owe $1,350.00 on a credit card with a 14.25% APR. You pay $300.00 at the beginning of the month. How much interest do you save by paying at the beginning of the month versus at the end of the month? second part: Imagine you put the $300 in a savings

  15. 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

  16. 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

  17. Economics

    You have a credit card that charges 18% per year interest or 1.5% per month . You buy a tv for $1000 on the credit card but at the end of the month you only pay $100. You continue to pay $100 the next month. You pay the entire balance in the third month.

  18. 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

  19. 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

  20. college algebra

    A bank credit card charges interest at the rate of 20% per year, compounded monthly. If a senior in college charges $1,300 to pay for college expenses, and intends to pay it in one year, what will he have to pay? (Round your answer to the nearest cent.)

  21. math

    Question 12.12. Katie had an unpaid balance of $1,734.50 on her credit card statement at the beginning of January. She made a payment of $165.00 during the month. If the interest rate on Katie's credit card was 7% per month on the unpaid balance, find the

  22. 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

  23. math

    Stever was charged $60.00 interest for 1 month on a 3,000 credit card balance. What was the monthly interest rate.

  24. Computer Programming using python

    Now write a program that calculates the minimum fixed monthly payment needed in order pay off a credit card balance within 12 months. By a fixed monthly payment, we mean a single number which does not change each month, but instead is a constant amount

  25. Computer Programming using python

    Write a program to calculate the credit card balance after one year if a person only pays the minimum monthly payment required by the credit card company each month. The following variables contain values as described below: balance - the outstanding

  26. Computer Programming using python

    Write a program to calculate the credit card balance after one year if a person only pays the minimum monthly payment required by the credit card company each month. The following variables contain values as described below: balance - the outstanding

  27. 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

  28. 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)

  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. 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

  31. Math

    A credit card company charges 1.5% interest per month (that is 18% per year). On a balance of $1448.00, calculate this month's finance charge

  32. 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

  33. Algebra

    Susan charges twice as much money on credit card with a 7.5% annual interest rate as she does on a card with 6% interest. If her total interest after 1 year is $840, how much did she charge on each card?

  34. 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)

  35. Interest

    It’s time to go shopping! You grab your Best Purchase credit card, which has an annual interest rate of 18%. The unpaid balance on your card for the current billing cycle is $285.76. On your shopping trip, you purchase four items: a Blu-ray player, two

  36. 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?

  37. 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

  38. Math

    Jim starts with a $2000 balance on his credit card. During the first month he charges $300, and during the second month he charges $500. The credit card has finance charges of 23% APR. The first month Jim makes a $200 payment and the second month Jim makes

  39. 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

  40. 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.

  41. 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

  42. 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.

  43. 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

  44. math

    A credit card had an APR of 23.51% all of last year and compounded interest daily. What was the credit card's effective interest rate(EIR) last year? Show your work.

  45. 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

  46. math

    Mr. Chang and his wife together had an unpaid balance of $500 on their credit cards for one month. THe bank that issued Mr. Chang's credit card charges an intrest rate of 1.25% a month and his wife's interest is 1.5 per month. If the total interest finance

  47. Accounting

    If your credit card company charges you 1% per month on your balance, what effective annual rate of interest is it charging?

  48. Math

    Bailey uses his credit card to purchase accessories for his classic car. The only purchase he will make on his credit card is for the $3000 worth of accessories. He has a credit limit of $5000 with a 55-day interest-free period and interest of 17.65% p.a.

  49. 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.

  50. 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

  51. 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

  52. 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

  53. Finance

    Rick has a credit card that charges 19% interest compounded monthly. What is the true annual rate of interest for Rick's credit card?

  54. 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

  55. 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

  56. linear algebra

    The outstanding balance on Peter's credit card account is 4730 dollars. The bank issuing the credit card is charging 19.3 percent of interest per year compounded monthly. If Peter decides to pay off his balance in equal monthly installments at the end of

  57. Math

    The outstanding balance on Bill's credit card account is 3690 dollars. The bank issuing the credit card is charging 21 percent of interest per year compounded monthly. If Bill decides to pay off his balance in equal monthly installments at the end of each

  58. College Algebra

    A bank credit card charges interest at the rate of 23% per year, compounded monthly. If a senior in college charges $1,700 to pay for college expenses, and intends to pay it in one year, what will she have to pay?

  59. math

    Need help with math problem. Tom has an unpaid balance of $2,115.75 on his credit card statement at the beginning of June. He made a payment of $85.00 during the month. If the interest rate on Phil's credit card was 11% per month on the unpaid balance,

  60. 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

  61. math

    Tyler buys a stereo system for $1200, and pays for it using a credit card. This particular card charges 1.5 percent monthly interest on the unpaid balance, and requires a minimum payment of $20 each month. Suppose that Tyler pays only the minimum amount

  62. Math

    Tyler buys a stereo system for $1200, and pays for it using a credit card. This particular card charges 1.5 percent monthly interest on the unpaid balance, and requires a minimum payment of $20 each month. Suppose that Tyler pays only the minimum amount

  63. math

    Jessica has a credit card from party bank and another from artic bank. she owes artic bank $150 more than party bank. party bank charges 16% simple interest per year and artic bank charges 17% per year. the yearly interest charge Jessica needs to pay is

  64. 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

  65. math

    Katie had an unpaid balance of $1,734.50 on her credit card statement at the beginning of January. She made a payment of $165.00 during the month. If the interest rate on Katie's credit card was 7% per month on the unpaid balance, find the finance charge

  66. math

    Katie had an unpaid balance of $1,734.50 on her credit card statement at the beginning of January. She made a payment of $165.00 during the month. If the interest rate on Katie's credit card was 7% per month on the unpaid balance, find the finance charge

  67. 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?

  68. math

    my credit card charges me 1.575% interest per month on my average daily balance this month. Average daily balance for Jan.$810. What interest will i pay for Jan.

  69. math 20

    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

  70. College Algebra

    You have a credit card with a balance of $3000. Each month the minimum payment is 2.5% of the balance. The monthly interest rate is 1.5% of the balance. You decide you would like to pay off this card by making the minimum payment each month. You cut up the

  71. 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

  72. 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

  73. 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

  74. MATH

    Max’s credit card charges him 1.575% interest per month on his average daily balance in that month. Max’s average daily balance for January is $810. What is the interest that he will pay for January

  75. MATH

    Max’s credit card charges him 1.575% interest per month on his average daily balance in that month. Max’s average daily balance for January is $810. What is the interest that he will pay for January

  76. math

    if john had an unpaid balance of $1,854.80 on his credit card statement at the beginning of the month and he made a payment of $45.00. If the interest rate of john's card wasw 2.5% on the unpaid balance per month. find the finance charge and the new

  77. math

    A credit card company charges 7% simple interest. What is the total interest on a $1,900 loan at the end of two years?

  78. math

    A credit card company charges 7% simple interest. What is the total interest on a $1,900 loan at the end of two years?

  79. Math

    You owe $1,350.00 on a credit card with a 14.25% APR. You pay $300.00 at the beginning of the month. How much interest do you save by paying at the beginning of the month versus at the end of the month?

  80. 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

  81. 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

  82. math

    Steve was charged $60.00 interest for 1 month on a $3,000 credit card balance. What was the monthly interest rate?

  83. 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

  84. Finance

    Jessie purchased a notebook for $10,500 using a credit card. She considers two repayment plans. i She makes the minimum monthly payment of $300 offered by the credit card and no other charges are applicable. ii She makes monthly payments of $900 and no

  85. Financing

    Jessie purchased a notebook for $10,500 using a credit card. She considers two repayment plans. i She makes the minimum monthly payment of $300 offered by the credit card and no other charges are applicable. ii She makes monthly payments of $900 and no

  86. 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

  87. Math

    our credit card has a balance of ​$5800 and an annual interest rate of 18 ​%. You decide to pay off the balance over three years. If there are no further purchases charged to the​ card, a. How much must you pay each​ month? b. How much total

  88. math

    If I have a $1000 charge on a credit card charging 1% interest using the adjusted balance method, minimum payment due is $40. How much will you save in interest charges in june by paying $80 instead?

  89. Math

    The formula for simple interest is where I is the amount you will pay in interest, r is the rate at which interest will accrue, P is the principal (amount borrowed), and m is the number of times the interest is applied. To solve for the interest rate of

  90. math

    john had an unpaid debt of $1,177.79 on a credit card at the beginning of the month. He made a payment of $430.00 and made purchases of $366.02 during that month. If the interst rate of john's credit card was 4.5% per month on the unpaid balance,find his

  91. Computer Programming using python

    Now write a program that calculates the minimum fixed monthly payment needed in order pay off a credit card balance within 12 months. By a fixed monthly payment, we mean a single number which does not change each month, but instead is a constant amount

  92. Algebra

    Suppose you have a $1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is $20. How much will you save in interest charges in June by paying $40 instead?

  93. Please Help

    Suppose you have a $1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is $20. How much will you save in interest charges in June by paying $40 instead?

  94. math

    Suppose you have a $1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is $30. How much will you save in interest charges in June by paying $60 instead? $ 1

  95. math

    Suppose you have a $1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is $40. How much will you save in interest charges in June by paying $80 instead? $ 1

  96. math

    Suppose you have a $1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is $30. How much will you save in interest charges in June by paying $60 instead?

  97. math

    Suppose you have a $1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is $20. How much will you save in interest charges in June by paying $40 instead?

  98. ALGEBRA

    Suppose you have a $1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is $40. How much will you save in interest charges in June by paying $80 instead?

  99. math115

    Steve was charged $75.00 interest for 1 month on a $3,000 credit card balance. What was the monthly interest rate? Give you answer as a percentage, round to the nearest tenth of a percent. 2.5% 2.If $5,600 is deposited into an account paying 5.325%

  100. math

    Suppose you have a $1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is $50. How much will you save in interest charges in June by paying $100 instead?

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