Solve the problem.You have just graduated from college and purchased a car for $7,000. Your credit limit is $16,000.Assume that you make no payments and purchase nothing more and that there are no other fees. The monthly interest rate is 6%. What is the growth rate of your credit card balance per month (as a decimal)?
A. 0.6
B. 0.04
C. 0.4
D. 0.06
Answer: D
Mathematics
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Solve. Then graph the solution. < 0
A. (-?, -6)
B. (-?, ?)
C. (-6, 0)
D. ?
Mathematics
Provide an appropriate response.In a non-interest-bearing note, the maturity value of the note is the same dollar amount as the face value or principal.
A. True B. False
Mathematics
Multiply. ?
?
? 48
A.
B. 71
C. 1200
D.
Mathematics
Solve the formula for the indicated variable.A = P(1 + rt) for r
A. r = -
B. r =
C. r =
D. r =
Mathematics