<span>Answer:
The credit card issuer will show APR which is 22.08% and not effective rate of interest.
This is because Effective rate, when calculated with the formula given below will come as 24.67% which is 2.59% more and hence will make customers feel that they are paying more.
r = [ { (1+ i / n) ^ (n) } - 1] * 100
Where i = APR/100
n = number of compounding periods which is 365 in this case as compounding is done daily.
[ { (1+ 0.2208 / 365) ^ (365) }- 1] * 100</span>
Answer:
x = ± 1
Step-by-step explanation:
Given
3(x² - 4) + 7 = - 2 ( subtract 7 from both sides )
3(x² - 4) = - 9 ( divide both sides by 3 )
x² - 4 = - 3 ( add 4 to both sides )
x² = 1 ( take the square root of both sides )
x² = ±
= ± 1
Thus
x = - 1, x = 1
Answer:
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This would be True. For example. If your number is 24, and 'n' is 12 ( a factor of 24 )
your factors of 12 (12, 6, 4, 3, 2, 1) are also included in the factors of 24 (which are 24, 12, 6, 4, 3, 2, 1)