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
Viefleur [7K]
3 years ago
5

Jamie has applied for a credit card. The APR of the card is 20%. What will be the monthly interest rate?

Mathematics
2 answers:
Brut [27]3 years ago
5 0
Apr means annual percentage rate and there are 12 months in a year so:

20/12 = 1.67%
marta [7]3 years ago
4 0

Answer:

1.67%

Step-by-step explanation:

The APR of a card is the Annual Percentage Rate. This is the yearly rate of interest that a person has to pay on the money he or she borrowed. Interest is a price that is paid for borrowing money. In this case, if the APR is 20%, we would need to divide this number by the number of months in a year in order to get the monthly interest rate:

20 / 12 = 1.67 %

You might be interested in
Find all real solutions of the equation. (if there is no real solution, enter no real solution.) 35x2 12x − 36
solmaris [256]
Important:  35x2 12x − 36 is not an equation; to obtain an equation, you must set <span>35x2 12x − 36 = to 0:

</span><span>35x^2 + 12x − 36 = 0.  Also, "the square of x" must be represented by "x^2," and you must insert either the + or the - sign in front of the term 12x.

I am assuming that you meant   </span>35x^2 + 12x − 36 = 0.

If that is indeed the case, then a = 35, b = 12 and c = -36

and the discriminant is b^2 - 4ac, or (12)^2 - 4(35)(-36) = 5184.

Since the discriminant is positive, this equation has 2 real, unequal solutions.  They are
        -12 plus or minus sqrt(5184)
x = -----------------------------------------
                         2(35)
7 0
3 years ago
To make an ice cream cone, employees at an ice cream shop completely fill the cone and then add one scoop of ice cream on top. T
7nadin3 [17]
That's a really wonky cone you got there. The answer is 88931 cubic inches.
7 0
3 years ago
Read 2 more answers
If miley has 200 pencils and Katie has 300 more pencils then how many more does Katie have then miley
Yakvenalex [24]

Answer: 300

Step-by-step explanation: 300+200=500

then 500-200=300

3 0
3 years ago
Read 2 more answers
Is Circumference of a circle same as area?​
Klio2033 [76]

Answer:

The circumference of a circle is not the same as the area of the circle because the circumference represents the distance around the circle while the area represents the amount of space within the circle. Hope this helps.

5 0
3 years ago
Read 2 more answers
An equation of a trend line for the scatter plot below is y=42x+50. Predict how many more sales the store makes in December than
Alexxx [7]

Answer: 42 more sales in December

8 0
3 years ago
Other questions:
  • trevor bought 8 gallons of paint to paint his house. He used allbut 1 quart. How many quarts of paint did tevoer use?
    9·1 answer
  • Which of these has the same answer as the problem in the box? [3 + 4 +5]
    8·2 answers
  • How do you simplify this expression then evaluate it if x=2? 5x - 2 + 3 - x
    10·1 answer
  • How can the equation of a parabola be derived when given the focus and the directrix?
    8·1 answer
  • Guide Questions:
    6·1 answer
  • if you ad 4/55 +7/30 what should you get then take what you got and multiply it by 2 then whats the answer please hep i really n
    11·1 answer
  • 14. The measure of Fis 110. The measure of 2E is 100°<br> What is the measure of D?<br> 150°
    10·1 answer
  • What is the surface area of the rectangular prism?
    8·2 answers
  • For which mapped relation is the domain ?
    6·1 answer
  • 216 students enrolled in a freshman-level chemistry class. By the end of the semester, 5 times the number of students passed as
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!