You have two credit cards. one had a balance of 3745 at a 6.25% apr and the other has a balance of 1045.00 and is dependent upon your credit score. your score is 500. how much total interest is axcrued in the first month? (rate for score of 500 is 10.25%)

$28.431

Step-by-step explanation:

Principal amount for first credit card = $3745

Rate = 6.25%

Time = 1 month = 1/12

Interest of first credit card =

                                          = 0.0625(3745)/12

                                         = $19.5052

Principal amount for second credit card = $1045

Rate = 10.25%

Time = 1 month = 1/12

Interest of first credit card =

                                            = 0.1025(1045)/12

                                            = $8.9260

Total interest accrued in first month = $19.5052+$8.9260

                                                            = $28.431

the monthly balance will be $75,000

solution:

we have to construct

∠m nt ≅ ∠p qr

the steps to draw this construction are

step 1: use a compass to draw an arc from point q which intersects the side pq at point a and the side qr at point b.

step 2: draw a segment nt and use the same width of the compass to draw an arc from point n which intersects the segment nt at a point x.

step 3:

step 4: join points n and y using a straightedge.

step 3:

option (d).maintaining the same width of the compass as ab, draw an arc from point x such that it intersects the arc drawn from n in a point y.

to draw   congruent angles , 1. width of compasses while drawing two angles should be same i.e from point at which angle has to be drawn, 2.the distance between the two points where the compass intersects the two sides should be same while drawing any two congruent angles.