You have a credit card with an interest rate of 24.49% APR on purchases. The statement balance shows $5,048.13.

You make the minimum payment of $200 by the due date on the statement, leaving an outstanding balance on the card of $4,848.13.

How much money would you save by paying off the balance 1 day later as opposed to paying it off 25 days later?

Remember that credit card interest compounds daily.

Statement reason 1. δabc is similar to δced. given 2. 3. definition of slope 4. slope of slope of definition of slope 5. slope of × slope of multiplying the slopes 6. slope of × slope of substitution property of equality 7. slope of × slope of simplifying the right side the table contains the proof of the relationship between the slopes of two perpendicular lines. what is the reason for statement 2? a. parallel line segments that meet a common perpendicular line are proportional in length. b. the lengths of vertical and horizontal sides in congruent triangles are in a common ratio. c. trigonometric identities determine the lengths of the legs in a right triangle. d. corresponding side lengths in similar triangles are proportional in length.