Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. tomika s credit rating was lowered and the credit

Tomika s credit rating was lowered and the credit card company raised her APR from...

60.1K

Verified Solution

Question

Basic Math

image

Tomika s credit rating was lowered and the credit card company raised her APR from 18 to 25 2 a If her average daily balance this month is 8 237 what is the increase in this month s finance charge due to the higher APR b If this amount is typical of Tomika s average daily balance all year how much would the rise year in interest rate cost her in a typical Round to the nearest ten dollars

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The Ethernet standard uses CSMA/CD as a MAC protocol, whereas the WiFi networks uses CSMA/CA. Consider you...

Electrical Engineering
Q

Discuss the implication for auditors, clients public and regulations in matters such as: 1. the approach...

Accounting
Q

Find the GCF for the list 3 6x 15x

Basic Math
Q

Question 5 1 point Listen For the polynomial list each real zero and its multiplicity...

Basic Math
Q

Find the domain of the function.(10 Points)f(t) = ???r +2all real numbers t such that...

Basic Math
Q

Sheffield Manufacturing uses a flexible budget. It has the following budgeted manufacturing costs for 25900...

Accounting
Q

Weighted Average Process Costing Assume that JIF, which is part of The J.M. Smucker Company,...

Accounting
Q

Standard Direct Materials Cost per Unit from Variance Data The following data relating to direct...

Accounting
Q

Bilboa Freightlines, S.A., of Panama, has a small truck that it uses for intracity deliveries....

Accounting
Q

Rayowas total liabilities are $98,552. Her monthly income is $4,038, and her monthly expenses are...

Accounting
Q

Provided are links to the present and future value tables: (PV of $1, FV of...

Accounting
Q

The Chang Company is considering the purchase of a new machine to replace an obsolete...

Finance