Solve the problem.Tom has a balance of $4261.15 on a credit card with an annual percentage rate (APR) of 13.7%. His credit card requires a minimum monthly payment of 2% of the balance. If he transfers his balance to a credit card with an APR of 9.2% how much more of his first payment would be applied to reduce the principal than if he had not transferred his balance?
A. $19.88 more will be applied to principal
B. $52.55 more will be applied to principal
C. $15.98 more will be applied to principal
D. $32.67 more will be applied to principal
Answer: C
Mathematics
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Subtract. -
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B.
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Mathematics
Translate the word statement into a percent proportion. Do not solve.16 is 55% of what number?
A. =
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Mathematics
Add or subtract as indicated.-5.895 + 6.015
A. -11.81 B. -11.91 C. 0.12 D. 35.458
Mathematics
Find the inverse of the matrix, if possible.A =
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B.
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Mathematics