subject
Mathematics, 19.05.2021 21:50 amychan123

Suppose James has a credit card with a balance of $4,289. Each month, the credit card company charges 5% interest. James pays off all new purchases that he makes each month without paying off the old balance or its interest. He wants to know what the balance on his credit card will be one year from now. Is this situation an example of exponential growth or exponential decay? not enough information to determine neither exponential growth nor exponential decay exponential decay exponential growth

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 21:00
Glenda makes an online purchase for picture frames for $12.95 each and formats of $5.89 each the site says it taxes paid by the customer or 6.5% of the total purchase price shipping charges are based on the
Answers: 1
question
Mathematics, 21.06.2019 23:00
According to a study conducted in 2015, 18% of shoppers said that they prefer to buy generic instead of name-brand products. suppose that in a recent sample of 1500 shoppers, 315 stated that they prefer to buy generic instead of name-brand products. at a 5% significance level, can you conclude that the proportion of all shoppers who currently prefer to buy generic instead of name-brand products is higher than .18? use both the p-value and the critical-value approaches.
Answers: 1
question
Mathematics, 21.06.2019 23:00
Assume that there is a 11% rate of disk drive failure in a year. a. if all your computer data is stored on a hard disk drive with a copy stored on a second hard disk drive, what is the probability that during a year, you can avoid catastrophe with at least one working drive? b. if copies of all your computer data are stored on four independent hard disk drives, what is the probability that during a year, you can avoid catastrophe with at least one working drive?
Answers: 2
question
Mathematics, 21.06.2019 23:30
Which statements are true about box plots? check all that apply. they describe sets of data. they include the mean. they show the data split into four parts. they show outliers through really short “whiskers.” each section of a box plot represents 25% of the data.
Answers: 3
You know the right answer?
Suppose James has a credit card with a balance of $4,289. Each month, the credit card company charge...
Questions