Manuel has a remaining balance of $563 on his credit card. his credit card company has an apr of 15 percent. how much will manuel pay in interest for one month?

$7.04
$84.50
$15
$1.25

The correct option is A. $7.04  

Step-by-step explanation:

Remaining balance of Manuel on his credit card = $563

APR that is charged by company = 15%

Now, Interest paid by Manuel in 1 year = 15% of Remaining Balance

⇒ Interest paid in 1 year = 0.15 × 563

⇒ Interest paid in 1 year = $84.50

Now, 1 year = 12 months

So, Interest paid in 12 months = $84.50

The correct option is A. $7.04  

Step-by-step explanation:

GIVEN: Sadie is making punch for her soccer team picnic. She uses quarts of lemon lime soda, pints of vanilla ice cream and cups of orange juice.

TO FIND: How many gallons of punch will she have.

SOLUTION:

Amount of lemon lime soda punch

Amount of vanilla ice cream punch

Amount of orange juice punch

Now,

total lemon lime soda punch

total vanilla ice cream punch

total orange juice punch

Hence total gallon of punch

Hence sadie has total of punches