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
Leno4ka [110]
3 years ago
12

Merle has an offer from a credit card issuer for a 0% APR for the first 60 days and a 23.19% APR afterwards, compounded daily. W

hat effective interest rate is Merle being offered?
A.26.09%
B.23.19%
C.21.38%
D.25.82%
since no one can help me when i put 10 points, lets see yall help now gold diggers -_-
Mathematics
2 answers:
Andreyy893 years ago
8 0

To find the rate add 1 to the annual rate divided by 365 days raised to the number of days left in the year minus 1.

 r= (1 + 0.2319/365)^305 - 1

r = 0.2138

Now multiply by 100 for the percent:

0.2138 x 100  = 21.38% 

Ira Lisetskai [31]3 years ago
6 0

Answer: C: 21.38%

Step-by-step explanation:

Step-by-step explanation: Knowing the apr was 0 for the first 60 days, and 23.19% for the rest of the days, the equation we need to do is:

R = (1 + r/(365) )^(D) - 1

Where R is the apr (in decimal form), we have 0 for the first 60 days, and 0.2319 for the other 305 days.

D is the number of days that is applied, so we have two parts:

R = (( 1 + 0/365)^60 - 1 ) + ((1 + 0.2319/365)^305 - 1) = 0.21375

That can be rounded up to 0.2138.

Now, we multiply this number by 100% and we get 21.38%

so the right answer is C.

You might be interested in
Find the perimeter of a square whose sides are 7.
allochka39001 [22]
Hey there,

Your question states: <span>Find the perimeter of a square whose sides are 7.

When finding the perimeter, we need to multiply each side because it is a square. So 7 times 4 would be 28

~Jurgen</span>
5 0
3 years ago
In AWXY, mW<br> Find mZX<br> (2x – 12), m_X = (2x + 17), and m_Y = (9x-7)<br> Find m
sladkih [1.3K]

Answer:

45

Step-by-step explanation:

The sum of interior angles in a triangle is equal to 180

2x - 12 + 2x + 17 + 9x - 7 = 180 add like terms

13x - 2 = 180 add 2 to both sides

13x = 182 divide both side by 13

x = 14

m<X = 2x + 17 replace x with 14

2*14 + 17 = 45

5 0
2 years ago
The following table represents the running times of the men's 100 meters final at the London Olympics.
Rom4ik [11]
This cannot be fit into a normal distribution. While the first 7 runners all have times relatively close, the time of the last runner is an outlier, as it is too far from the other data points. The standard deviation is calculated by taking the mean, subtracting each value from the mean, squaring the deviations, adding these, then dividing by the number of data points (7), and taking the square root. This gives an answer of SD = 0.1107.
8 0
3 years ago
Read 2 more answers
A square prism measuring 4 ft along each edge of the base and 6ft tall​
ki77a [65]
4ft * 4ft * 6ft = 96ft squared
6 0
2 years ago
Simplify -3x+1y+8x-8y
Fudgin [204]

Answer:

-3x +1y +8x -8y

=5x-7y

The answer is: 5x-7y

6 0
3 years ago
Read 2 more answers
Other questions:
  • Plz help for 60 points
    12·2 answers
  • Simplify the expression.
    11·1 answer
  • Which situation could this diagram represent
    10·1 answer
  • What are the intercepts of the graphed function?
    10·2 answers
  • 308559 to the nearest one thousand
    6·1 answer
  • Is .4% = 4/1,000?<br><br>.4% = 4/1,000?
    6·1 answer
  • ANSWER QUICK PLEASE
    6·1 answer
  • I need help finding the answer to this question on edge.
    8·1 answer
  • Help please!! if you can help me​
    12·1 answer
  • To find the height of a pole, a surveyor moves 150 feet away from the base of the pole and then, with a transit 4 feet tall, mea
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!