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Emily's credit card has arrived and she has a balance of $2,350. She only has enough money to pay off $1,500. She knows that she will have to pay 8% interest on whatever she doesn't pay off. Which proportion should she use to determine how much interest she will have to pay?

Respuesta :

Here is how you would solve that problem

[tex] \frac{(2350-1500)*8}{100} [/tex]

Answer:

[tex]850\times \frac{8}{100}[/tex].

Step-by-step explanation:

We are given that,

Balance in Emily's card = $2,350

Amount paid by Emily = $1,500

So, amount does not paid by her = 2350 - 1500 = $850.

Also, the interest on the amount not paid = 8% = [tex]\frac{8}{100}[/tex]

Thus, the proportion representing the interest she has to pay is given by,

Proportion = Amount she does not pay off × Interest paid.

i.e. Proportion = [tex]850\times \frac{8}{100}[/tex].

Hence, the required proportion is [tex]850\times \frac{8}{100}[/tex].

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