Ashley has a balance of $4,000 on her credit card with an annual interest rate of 13%. to pay off the $4,000 in three years, ashley will have to make a minimum payment of $134.78 per month. to pay off the $4,000 in five years, ashley will have to make a minimum payment of $91.01 per month. how much more interest will ashley pay when the length of the loan changes from 3 years to 5 years? a) $488.20 b) $608.52 c) $1,671.90 d) $5,460.60

Ashley would have to pay an additional $608.52 in interest when the length of the loan changes from 3 years to 5 years.

Step-by-step explanation:

Although the problem gives us the initial amount of the balance ($4000) and the interest rate (13%), we are really only concerned with the total amount Ashley will make in payments in three years versus five years.  If she pays $134.78 for three years, that is 36 months, or $134.78 times 36 which is equal to $4852.08.  However, if she decides to take longer to pay it and instead pays $91.01 for five years, or 60 months, then her total amount paid would be $5460.60.  To find the difference between these two, simply subtract $5460.60-$4852.08 to get $608.52.  

option 2 is correct.

step-by-step explanation:

we are given two inequality equation

x+y> 5 and -3x+2y< -2

first we draw the graph of both function using t-table method

equation: x+y> 5

for x=0, y=5

for x=-5, y=0

table:

x   :   0     5

y   :   5     0

test point (0,0) , 0> 5

false

equation: -3x+2y< -2

for x=0, y=-1

for x=2, y=4

table:

x   :   0     2

y   : -1       4

test point (0,0) , 0< -2

true

now we draw the graph. see the attachment for graph.

common region would be solution set.

option 2 is correct.

mnkjn

step-by-step explanation: