1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
guapka [62]
3 years ago
11

Caleb has an offer from a credit card issuer for 0% APR for the first 30 days and 17.68%

Mathematics
2 answers:
Dominik [7]3 years ago
8 0

Answer:

17.61%

Step-by-step explanation:

Apex is the source

svetlana [45]3 years ago
6 0

Solution:- Answer is 19.33%

Annual percentage rate (APR) is the yearly rate for a price which have to pay for borrowing money through credit card.

Here Caleb has an offer from a credit card issue for i=0% APR for the first 30 days.

now, effective interest rate for n= 30 days  

=r=(1+\frac{i}{n} )^n-1\\\Rightarrow\ r=(1+\frac{0}{30} )^{30}-1\\\Rightarrow\ r=(1+0)^{30}-1=1-1=0

After 30 days APR =17.68%=0.1768

n=365-30=335 days

now the effective interest rate for n=335 days

=r=(1+\frac{i}{n} )^n-1\\\Rightarrow\ r=(1+\frac{0.1789}{335} )^{335}-1\\\Rightarrow\ r=(1+0.000527)^{335}-1=(1.000527)^{335}-1=1.1933-1=0.1933

=19.33%

So the effective interest rate for 365 days =0+19.33% =19.33%

So fourth option is correct.

You might be interested in
John has 4 1/2 pizzas.he wants to cut the pizza into 2/3 slices how many 2/3 pizza slices cane he divide the pizza into?
Talja [164]
20.1 is the abswetmr I think
8 0
3 years ago
Read 2 more answers
Helpppp me put boyz!!!!!!!
Verdich [7]
Its C if m is 6 then the answer is C
6 0
3 years ago
Which algebraic expression represents this phrase?
Westkost [7]

The word "product" means <em>multiplication </em>

that means the answer is

40 · d

5 0
3 years ago
If Jeremy is in the 90th percentile in the main office test scores is 180 with a standard deviation of 15 which of the following
Alika [10]
199. 

the z score for the 90th percentile is 1.28, so you can solve the equation

\frac{x-180}{15} = 1.28

which gets you the 199
4 0
3 years ago
how can you use distributive property to write an expression equivalent to the one given above? Use reasoning to explain how you
Anit [1.1K]

The reason how the expression are equivalent given below:

<h3>What is Distributive Property?</h3>

Multiplying a number by a sum or difference is the same as multiplying by each number in the sum or difference and then adding or subtracting.

The Complete question is:

How can you use distributive property to write an expression equivalent to the one given above? Use reasoning to explain how you know the expressions are equivalent.

Distributive property represents distribute the outside number among the number or digits in parenthesis.

For Example: Solve the expression 7(20 + 3) using the distributive property of multiplication over addition.

When we solve the expression 7(20 + 3) using the distributive property,

we first multiply every addend by 7.

This is known as distributing the number 7 amongst the two addends and then we can add the products.

This means that the multiplication of 7(20) and 7(3) will be performed before the addition.

Hence,  7(20) + 7(3) = 140 + 21 = 161.

Learn more Distributive Property here:

brainly.com/question/5637942

#SPJ1

8 0
1 year ago
Other questions:
  • Two people start driving toward each other starting from two towns hundred miles apart. If one person travels 30 mph and the oth
    9·1 answer
  • You reach into a bag of 12 brown, 6 orange, 4 green, and 2 red candies and take one out. Find the probability of orange. What ar
    11·1 answer
  • If two adults and three children go to the movies, it costs $31.50. If one adult and five children go to the movies, it costs $3
    12·2 answers
  • When subtracting 7.6 from a certain number, the result is 48.99, as seen below. What number should go in the box to complete the
    8·2 answers
  • Will mark brainliest if correct! Tysm
    13·2 answers
  • Find the Greatest Common Factor of the following. 3, 18, 42
    10·1 answer
  • Find answer pleasee AND EXPLAIN IT FOR BRAINLIEST
    12·1 answer
  • Is this sequence arithmetic? -2.4,9.8,22,34.2...
    9·1 answer
  • ɢʀᴀᴅᴇ 8 ᴍᴀᴛʜᴇᴍᴀᴛɪᴄs ᴍᴇᴍᴏʀᴀɴᴅᴀᴍ ​
    5·2 answers
  • Match the name of the individual to a description of his
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!