anonymous
  • anonymous
I NEED HELP WITH THESE 2 QUESTION FAN AND MEDAL
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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chestercat
  • chestercat
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anonymous
  • anonymous
5. Each month, Edward budgets $1860 for fixed expenses, $860 for living expenses, and $250 for annual expenses. His annual net income is $32,508. Which statement best describes his monthly budget? (Points : 5) It shows a deficit of $180. It shows a surplus of $261. It shows a deficit of $261. It is balanced. Question 6. 6. Alan’s unpaid credit card balance was $3426.67. His APR is 16.8%. What is his new balance after he makes one new transaction for $235? (Points : 5) $3709.64 $3876.52 $4141.40 $4237.35
anonymous
  • anonymous
The first one Monthly income = annual income/12 Monthly budget= monthly income- expenses
anonymous
  • anonymous
ok so thats wat i need to do to solve it cuz i have no idea how to do this

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anonymous
  • anonymous
Yes
anonymous
  • anonymous
i still dont know how to start it off
anonymous
  • anonymous
The second one The monthly accrued interest is the APR divided by 1200. So, we have the principle, 3426.67 times the accrued interest, 16.8 / 1200, plus 1 (the one is added to the interest to account for the principle) then add the new transaction, 280: 3426.67 ((16.8 / 1200) + 1) + 235 =?????

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