document.write( "Question 640523: the average credit card interest rate is about 19%. Use the Distributive Property to mentally calculate the amount of interest paid on a $500 balance.
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Algebra.Com's Answer #403258 by benni1013(206)![]() ![]() ![]() You can put this solution on YOUR website! This is a great trick to pick up for mental math. The number 500 is your base.\r \n" ); document.write( "\n" ); document.write( "Math: \n" ); document.write( "(500*.1)+(500*.05)+(500*.04)=50+25+20 or $95.\r \n" ); document.write( "\n" ); document.write( "Note: \n" ); document.write( "To calculate multiply decimals by tenths, hundreths, etc.., move the number of decimals place to the left by the number of decimal place to the right.\r \n" ); document.write( "\n" ); document.write( "Example: \n" ); document.write( "500*.1=50. Note that there is a zero gone. Furthermore, .1+.05+.04=.19. \n" ); document.write( " |