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Simple Math Question
Vanity ^
| 6 July, 2015
| Self
Posted on 08/06/2015 9:50:11 PM PDT by Graybeard58
So simple, I'm almost embarrassed to ask it.
I've had a certain credit card for 18 months, it pays 01.5% cash back on all purchases. I just looked on line at my statement and I have accumulated $852.13 so far.
My question is, how much total have I charged to accumulate that amount of "cash back"?
I know that 01.5% of "X" = 852.13, I've simply forgotten how to do this probably 5th. or 6th. grade math. Thanks.
TOPICS: Chit/Chat
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To: Graybeard58
“My question is, how much total have I charged to accumulate that amount of “cash back”? “
Too much.
To: TexasGator
To: TexasGator
=852.13/0.015=$56,808.67.
4
posted on
08/06/2015 9:54:41 PM PDT
by
Piranha
(Power is not only what you have but what the enemy thinks you have - Saul Alinsky)
To: Graybeard58
Divide both sides of the equation by 1.5% to isolate the C.
5
posted on
08/06/2015 9:54:49 PM PDT
by
SubMareener
(Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
To: Graybeard58
$852.13/0.015 = $56,808.67
6
posted on
08/06/2015 9:54:58 PM PDT
by
Toddsterpatriot
("Telling the government to lower trade barriers to zero...is government interference" central_va)
To: Graybeard58
7
posted on
08/06/2015 9:55:09 PM PDT
by
Anitius Severinus Boethius
(www.wilsonharpbooks.com - Sign up for my new release e-mail and get my first novel for free)
To: Graybeard58
Yeah - you’re just bragging! $850 divided by 0.015 is $56,808.67.
8
posted on
08/06/2015 9:55:17 PM PDT
by
21twelve
(http://www.freerepublic.com/focus/f-news/2185147/posts It is happening again.)
To: Graybeard58
Divide your earned money by 0.015.
If you earned cash back of $1,000 , and divide by 0.015, you find that you had to spend $66,666.66 to get the cash back rewards.
For about $850 ....it is $56,666.66
M
9
posted on
08/06/2015 9:56:03 PM PDT
by
Vineyard
To: Graybeard58
I came up with $56808.67. 100/1.5=66.666 66.666x852.13=56808.67
10
posted on
08/06/2015 9:56:19 PM PDT
by
Lurkina.n.Learnin
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: Graybeard58
11
posted on
08/06/2015 9:57:07 PM PDT
by
glasseye
To: Graybeard58
Divide 852.13 by 1.5 percent or .015 and you get 56808.67
12
posted on
08/06/2015 9:58:35 PM PDT
by
iowamark
(I must study politics and war that my sons may have liberty to study mathematics and philosophy)
To: Graybeard58
Cedit card incentives usually give about 1% to 1.5% back.
13
posted on
08/06/2015 9:59:04 PM PDT
by
Jonty30
(What Islam and secularism have in common is that they are both death cults)
To: Graybeard58
If you can not do this on your own, you should not have the credit card. Never ever pay an interest fee on you credit card. Always pay your total off at the end of the month. Credit card companies do not like that, but the make money nevertheless on every purchase, they just make even more when you carry a balance.
14
posted on
08/06/2015 9:59:44 PM PDT
by
Fungi
To: Graybeard58
Just remember they the sun rises in the east, sets in the west and water runs downhill... Usually
15
posted on
08/06/2015 10:02:11 PM PDT
by
Eagles6
( Valley Forge Redux. If not now, when? If not here, where? If not us then who?)
To: Fungi
Where did he say that he’s paid any interest?
16
posted on
08/06/2015 10:05:18 PM PDT
by
Veggie Todd
(The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
To: Eagles6
and water runs downhill.Only in the northern hemisphere.
17
posted on
08/06/2015 10:06:45 PM PDT
by
kevao
(Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
To: Graybeard58
Send all your card details to my office in Nigeria and we’ll get you your answer.
18
posted on
08/06/2015 10:11:20 PM PDT
by
Dagnabitt
(Islamic Immigration is Treason)
To: Veggie Todd
I never said he did. Read my post again.
19
posted on
08/06/2015 10:15:41 PM PDT
by
Fungi
To: TexasGator; Fungi; Veggie Todd
I pay for everything by credit card that’s payable by credit card, I don’t know what the interest rate is, since I’ve never paid any. The last thing I paid any interest on anything was my home mortgage and I paid that off years ago. I simply forgot how to do the math. Thanks everyone for the correct answer and explanations.
$850 is the reason why I use a credit card. Will come in handy around Christmas time.
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