Business & Finance Expert

Credit & Personal Finance : How Does Banking Relate to Math?

Banking is a world of numbers, and math is used in the way accounts are handled, for calculating interest rates and for determining credit scores. Find out why people with strong math skills often pursue careers in banking withhelp from a registered financial consultant in this free video on credit and personal finance. Expert: Patrick Munro Contact: www. northstarnavigator. com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

Tags: Banking, Credit, Finance, math, Personal, Relate

Which card will I save more with?? Math finance expert please! 10 points?

Card A has an annual fee of $35.00 and a simple interest rate of 16%. That is, the annual interest amount may be determined by applying the interest rate to the average montly balance . Card B has no annual fee and an interest rate of 18%. I tend to carry a balance of $3000 each month. Assume I continue to carry the average balance of $3,000 for a year. How much money will I save by selecting the “better” card?

Will I save
$25.00
$60.00
$685.00
or will i save a different amount?

Please give your answer and explain how you got it. Easy 10points for a math wiz. Thanks

Tags: card, Expert, Finance, math, more, please, points, save

help me plz if there is some expert of business math and stat?

In a random sample of 1000 houses in a city it is found that 618 own television sets. Is this sufficient evidence to conclude that 2/3 of the houses in this city have television sets? Use a 0.02 level of significance.

Tags: Business, Expert, help, math, some, stat, there