SAT College

Ava goes to the store and chooses clothes and shoes for a new job. The purchases total $200. Ava has a choice: pay with cash or pay with the credit card that gives the discount. How much will Ava save immediately if she uses the credit card and pays the balance during the billing cycle?

Answers

Answer 1

Answer:

How much will Ava save immediately if she uses the credit card and pays the balance during the billing cycle?

$10

How much will Ava pay in interest if she pays back the card in 11 months? $13.06

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Explanation:

Answer 2

Using the percentage concept, the discounted amount paid and the interest paid on balance are $10 and $13.06 respectively.

Discount given on credit card = 5%Interest rate on balance = 7.5%Total cost of purchase = $200

1.)

The amount saved if Ava pays using her credit card :

Discount rate × total cost of purchase

Amount saved = 5% × $200

Amount saved = 0.05 × $200 = $10

2.)

If balance is paid during the billing cycle ;

Billing cycle ; time = 11 months

Discounted amount = $200 - $10 = $190

Interest paid = Discounted amount × rate × time

Interest paid = ($190 × 7.5% × (11/12))

Interest paid = $190 × 0.075 × 0.91666

Interest paid = $13.0625

Therefore, the interest paid is $13.06

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Related Questions

The breaking of the “fourth wall” by Wilder means _____. his writing is open to interpretation. he expects audience members to use their imaginations. the characters speak directly to and interact with the audience. both A and C

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Answer:

Explanation:

I got it right

The breaking of the “fourth wall” by Wilder means the characters speak directly to and interact with the audience.

what is called the fourth wall?The fourth wall is a performance protocol in which an invisible, imaginary wall separates actors from the audience. When plays, television shows, and movies break the fourth wall, they accept the existence of the audience and speak to them face to face.This term comes from the theatre, where the three surrounding walls enclose the stage while an unseen “4th wall” is left out for the end of the viewer.

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the ACCUPLACER questions are based on?
a. college syllabi
b. core standards
c. common rubrics and metrics
d. the students previous answers

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The Accuplacer uses the technology of a computer adaptive and the questions one can see are actually based on the level skills. It is a placement test on adaptive skills which means the answer on this scenario is d. the students previous. Hope this can help and this is the answer to the question.

the ACCUPLACER questions are based on?

d. the students previous answers

All of the students in Ms. Osbourne's class like pizza. Jeff is a student who likes pizza. Therefore, Jeff is a student in Ms. Osbourne's class.

Answers

This is a logical fallacy, as it follows the formula of A then B; B, therefore A. Another example is this: All of my friends are really nice. James is really nice, so he is my friend. I could have never met James, but if you use this logic, he has to be my friend, which is false. Hope I helped!

Conductor insulation must be approved for the _______ of use?

Answers

The correct answer to this open question is the following.

Conductor insulation must be approved for the operating temperature of use.

When working in electrical environments such as an electricity plant, it is very important to have the proper safety measures because an accident can be fatal. Electrical insulation its important in any device because it limits the flow of electrical current between the conductor to the ground and between those conductors. Otherwise, the risk would be too much. The insulation material could be rubber or plastic.

Conductor insulation must be approved for the voltage of use.

Now,

Conductor insulation is the material that covers the conductor and prevents electric current from escaping or coming in contact with other conductors.

Conductor insulation must be approved for the voltage of use, meaning that it must be able to withstand the electric potential difference between the conductors without breaking down or causing a short circuit.

The National Electrical Code (NEC) specifies the minimum insulation thickness and voltage rating for different types of conductors and cables.

Some of the common types of conductor insulation are thermoplastic, thermoset, rubber, and paper.

Therefore, by insulation answer will be voltage.

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True are false financial responsibilities law requires to have insurance on any motor vehicle you own
are drive expect motorcycle

Answers

The answer is true they require insurance on all cars

The answer is true because without insurance, as an example if you are riding a motorcycle and you get hurt or injured in an accident, how will you be able to get help from Florida state law without insurance. Another example is if the motorcycle is stolen, lost, or damaged, how can that be taken care of without insurance. Without insurance, you will get no where with anything.

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