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ioda
3 years ago
6

Arnold’s credit card had an APR of 14.18% all of last year, and interest was compounded periodically throughout the year. Which

of these statements accurately describes the effective interest rate of Arnold’s credit card last year?
Mathematics
2 answers:
slamgirl [31]3 years ago
8 0

Answer:

Where are the statements provided? I can help you once they are posted.

Step-by-step explanation:


ludmilkaskok [199]3 years ago
7 0

Answer:

APEX - It was greater than 14.18% whether interest was compounded daily or monthly.

Step-by-step explanation:

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A savings account earns 5% simple interest per year. The principal is $1200. What is the balance after 4 years?
stiv31 [10]
The formula of the Simple Interest is:
I=PRT
P for Principle Amount     ($1200)
R for Rate                        (5%=\frac{5}{100} = 0.05)
T for Time in years          (4 years)
I = 1200 × 0.05 × 4
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Add the interest to the principle amount to check the balance
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7 0
3 years ago
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Officer Brimberry wrote 16 tickets for traffic violations last week, but only 2 tickets this week. What is the percent decrease?
Verdich [7]

Answer:

87.5%

Step-by-step explanation:

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6 0
2 years ago
Calculate the volume of the cylinder.Round your answer to the nearest hundredth 6cm height and 2cm width
Anvisha [2.4K]
Assuming width=diameter
diameter/2=radius

area=hpir^2

w=d=2
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h=6

area=6pi1^2
area=6pi1
area=6pi
aprox pi=3.141592
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noname [10]
The third number is 20
8 0
2 years ago
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