Ask question

Ask question

All categories

3 years ago

7

An introductory APR is the interest that applies to _____.

2 answers:

mafiozo [28]3 years ago

8 0

Answer: The answer is any combination of purchases, balance transfers and cash advances.

Step-by-step explanation: An introductory APR rate is defined as follows:

An introductory APR rate is defined as a rate given by credit card issuers to new customers for a particular period. APR rate is very low or most often 0% that applies to any combination of purchases, balance transfers and cash advances depending on the details provided by the by the issuer.

Thus, the answer is any combination of purchases, balance transfers, and cash advances.

olganol [36]3 years ago

5 0

<span>An introductory APR is the interest that applies to </span>new applicants of a credit card as an incentive to apply for the card; offered by the credit card company.

After the introductory period is over, the APR will go up.

You might be interested in

Graph the linear function in questions 5 and 6. y=1/3x-4

goldfiish [28.3K]

Answer:

For y = 1/3x - 4

Step-by-step explanation:

6 0

3 years ago

SOMEBODY PLEASE HELP MEEEEEE ILL MARK BRAINLIESTTTTTTTTTTTTTTTTTTTTTTTTTTTT

Kaylis [27]

Answer:

its A. moderate and positive

Step-by-step explanation:

6 0

2 years ago

Read 2 more answers

Match each power of a power expression with its simplified expression.

VARVARA [1.3K]

Answer:

> $(4^6)^{-3}$ = $\frac{1}{4 ^ {18}}$

> $(4^{-3})^{-3}$ = $4 ^ 9$

> $(4^0)^{-9}$ = $4 ^0$

> $(-4^{-9})^2$ = $(-4) ^ {-18}$

Step-by-step explanation:

We have to expand the powers of each of them:

> $(4^6)^{-3}$ = $4^{(6 * -3)}$

= $4 ^ {-18}$

$(4^6)^{-3}$ = $\frac{1}{4 ^ {18}}$

> $(4^{-3})^{-3}$ = $4 ^ {(-3 * -3)}$

$(4^{-3})^{-3}$ = $4 ^ 9$

> $(4^0)^{-9}$ = $4 ^ {(0 * -9)}$

$(4^0)^{-9}$ = $4 ^0$

> $(-4^{-9})^2$ = $-4 ^ {( -9 * 2)}$

$(-4^{-9})^2$ = $-4 ^ {-18}$

8 0

3 years ago

Read 2 more answers

A investor obtained a loan of $600,000 to buy a car wash business. The monthly mortgage payment was based on 30 years at 5.5%. F

Lisa [10]

Answer:

The monthly mortgage payment is $ 8306.58

Step-by-step explanation:

Given as :

The loan taken as $ 600,000

The rate of interest = 5.5 %

The time period = 30 Years

So, from compounded method

Amount = principal × $(1 +\frac{Rate}{100})^{Time}$

or, Amount = $ 600,000 × $(1 +\frac{5.5}{100})^{30}$

Or, Amount = $ 600,000 × $(1.055)^{30}$

∴ Amount = $ 2990370.77

<u>Now for The monthly mortgage payment </u>

∵ Time period is 30 years

So , 30 years = 12 × 30 = 360 months

∴ Amount payment in monthly =$ $\frac{2990370.77}{360}$

Or, Amount payment in monthly =$ 8306.58

Hence The monthly mortgage payment is $ 8306.58 Answer

4 0

3 years ago

What is the answer to number 2

MAXImum [283]

The answer would be B

4 0

3 years ago

Read 2 more answers