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Please Note: Online students Card tool to answer the following questions. The tool does not accept decimals so round off all money properly to the
Please Note: Online students Card" tool to answer the following questions. The tool does not accept decimals so round off all money properly to the nearest If you do not have access to the internet, refer to pages 3 and 4 to obtain the information generated from the "Paying Off a Credit Card" tool. 1. Tamaki would like to buy a digital camera for $399, plus HST. She charges the total to a store credit card that has an annual interest rate of 29%. (a) What is the total amount she charges to her credit card, including taxes? (b) How long will it take her to pay off the amount in part (a) if she makes minimum monthly payments only? In the end, what will be the total amount she paid off? (c) What is difference between the amount she charged to her credit card and the total that she paid off? 2. Jennifer buys an iMac for $1600, plus HST. She charges the total to a major credit card that has an annual interest rate of 19%. (a) What is the total amount she charges to her credit card, including taxes? (b) How long will it take her to pay off the amount in part (a) if she makes minimum monthly payments only? In the end, what will be the total amount she paid off? Please Note: Online students Card" tool to answer the following questions. The tool does not accept decimals so round off all money properly to the nearest If you do not have access to the internet, refer to pages 3 and 4 to obtain the information generated from the "Paying Off a Credit Card" tool. 1. Tamaki would like to buy a digital camera for $399, plus HST. She charges the total to a store credit card that has an annual interest rate of 29%. (a) What is the total amount she charges to her credit card, including taxes? (b) How long will it take her to pay off the amount in part (a) if she makes minimum monthly payments only? In the end, what will be the total amount she paid off? (c) What is difference between the amount she charged to her credit card and the total that she paid off? 2. Jennifer buys an iMac for $1600, plus HST. She charges the total to a major credit card that has an annual interest rate of 19%. (a) What is the total amount she charges to her credit card, including taxes? (b) How long will it take her to pay off the amount in part (a) if she makes minimum monthly payments only? In the end, what will be the total amount she paid off
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