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Thread: help understand my Credit Card Project

  1. #1
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    help understand my Credit Card Project

    1.help understand my Credit Card Project-page-1.png 2.help understand my Credit Card Project-page-2.png
    This is the worksheet my quantitative reasoning teacher assigned us. I was able to complete the chart using Microsoft Excel. Image 3. has all the values for to table in image 1. A tutor at my college gave me the logical formula to find the minimum payment, interest, and Balance A at the end of month. I do not understand completely how he came to the equations I wrote on the bottom for each column of the chart. Which brings me to my next problem.

    3. help understand my Credit Card Project-44.jpg
    I do not know how to answer question 4 where it asks me to use my table/chart to determine a formula for the balance A at the end of m months (as the minimum payment is greater than $25). The answer seem obvious and in my face but I do not know how to solve. Please clarify this form me.
    Attached Thumbnails Attached Thumbnails help understand my Credit Card Project-page-3-1-.jpg  
    Last edited by sijones009; Mar 22nd 2017 at 08:21 AM.
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  2. #2
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    Re: help understand my Credit Card Project

    Can't read your attachments.

    Can you provide something legible?
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  3. #3
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    Re: help understand my Credit Card Project

    EPSON006.PDF
    EPSON005.PDF
    EPSON007.PDF
    I need help with question #4 Ive uploaded the documents in pdfs
    Last edited by sijones009; Mar 22nd 2017 at 09:46 AM.
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  4. #4
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    Re: help understand my Credit Card Project

    hope that helped.
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