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1 year ago

What do I put in the boxes if the answer is 1.74%?

Mathematics

1 answer:

gavmur [86]1 year ago

6 0

If a credit card advertises an annual interest rate of 23%, then the equivalent monthly interest rate is 1.74%

The annual interest rate = 23%

The credit card interest rate the amount you have to pay to borrow the money from them. The credit card interest rate is usually expressed in yearly rate. This is called annual percentage rate.

The monthly interest rate = $(1+\frac{23}{100})^{(1/12)}$

= $(1+0.23)^{(1/12)}$

= 1.0174

Then,

= (1.0174-1) × 100%

Subtract the terms first

= 0.0174 × 100%

Multiply it

= 1.74%

Hence, if a credit card advertises an annual interest rate of 23%, then the equivalent monthly interest rate is 1.74%

Learn more about annual percentage rate here

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kobusy [5.1K]

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So the distance from P to 0 is the same as the distance from Q to 0.

Therefore, the absolute values are the same

Answer: Choice A) Jay is correct because each point is 1/8 a unit away from 0

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3 years ago

Solve for qqq. 3\left(q+\dfrac43\right) = 23(q+ 3 4 )=2<br>pls answer this

enyata [817]

Answer:

Step-by-step explanation:

Given the expression $3\left(q+\dfrac43\right) = 23$ , we are to find the value of q;

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3 years ago

Miguel has already put 36 sports cards in 5 folders. He buys 372 more cards. He puts the same number of cards into the 5 folders

Ainat [17]

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3 years ago

A table is on sale for 464 , which is 36% less than the regular price.

viva [34]

The original price was 725.
Explanation:
"36% less than" means taking 36% away from 100%. 100-36 is 64, so 64% remains when 36% is taken away. So, 64% of the original table's price is 464.
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4 years ago

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Dmitry_Shevchenko [17]

Answer:

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2 years ago

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