All categories

2 years ago

Which description defines the term APR?

2 answers:

6 0

APR means annual percentage rate so the correct answer is:
<span>It is the yearly rate of interest that you pay for credit card use.</span>

In-s [12.5K]2 years ago

6 0

Answer:

The correct option is A. It is the yearly rate of interest that you pay for credit card use.

Step-by-step explanation:

APR is an abbreviated form of Annual Principal Rate.

As the name indicates Annual, It means it is the yearly rate.

A. It is the yearly rate of interest that you pay for credit card use.

This option is true as APR is the annual principle rate.

B. It is the monthly rate of interest that you pay for credit card use.

This option is rejected as APR is not monthly rate, on the other hand it is Annual rate.

C. It is the daily rate of interest that you pay for credit card use.

This option is rejected as APR is not daily rate, on the other hand it is Annual rate.

Thus, The correct option is A. It is the yearly rate of interest that you pay for credit card use.

You might be interested in

Question 7 of 10

ki77a [65]

Answer:

Yes

Step-by-step explanation:

In a triangle the sum of two of its sides is major than the the other side

9+4 > 11

11 + 4 > 9

11 + 9 > 4

8 0

2 years ago

In a right triangle, the ____________ of an angle can be found by dividing the length of the opposite leg by the length of the t

damaskus [11]

The correct answer for the completion exercise shown above is: sine.

Therefore, the complete text is shown below: "<span>In a right triangle, the sine of an angle can be found by dividing the length of the opposite leg by the length of the triangle's hypotenuse".
</span>
A right triangle is a triangle that has an angle of 90 degrees.

The sine is one of the most common trigonometric functions. Therefore, you have that the sine of an angle is:

Sin(α)=opposite/hypotenuse

3 0

3 years ago

The school that Joe goes to is selling tickets to a choral performance. On血e first day of ticket

ArbitrLikvidat [17]

Answer:

The price of one senior citizen ticket is $8, and the price of one child ticket is $11.

Step-by-step explanation:

You are looking for two things: the price of a senior citizen ticket and the price of a child ticket.

We need to write two equations using two variables.

Let s = price of 1 senior citizen ticket.

Let c = price of 1 child ticket.

First day of ticket sales:

6 senior citizen tickets, 8 child tickets, total sales of $136

Since s is the price of a senior citizen ticket, 6 tickets cost 6s.

Since c is the price of a child ticket, 8 tickets cost 8c.

The total sales is 6s + 8c.

The total sales is $136, so our first equation is

6s + 8c = 136

Now we do the same for the second day of ticket sales.

6 senior citizen tickets, 9 child tickets, total sales of $147.

Since s is the price of a senior citizen ticket, 6 tickets cost 6s.

Since c is the price of a child ticket, 9 tickets cost 9c.

The total sales is 6s + 9c.

The total sales is $147, so our second equation is

6s + 9c = 147

The system of equations is

6s + 8c = 136

6s + 9c = 147

Multiply both sides of the first equation by -1. Write the second equation below it. Then add the equations.

-6s - 8c = -136

(+) 6s + 9c = 147

----------------------------

c = 11

c = 11, so the cost of a child ticket is $11.

Now substitute 11 for c in the first equation, and solve for s.

6s + 8c = 136

6s + 8(11) = 136

6s + 88 = 136

6s = 48

s = 8

The price of a senior citizen ticket is $8.

The price of a senior citizen ticket is $8, and the price of a child ticket is $11.

6 0

3 years ago

Please answer this for me and show me the work.

Gala2k [10]

Ok. No problem. I will answer anything u got

4 0

3 years ago

The table shows the number of each type of toy in a store. The toys will be placed on shelves so that each shelf has the same nu

puteri [66]

Hai! You're gonna need 15 shelves for all those toys. X)

7 0

3 years ago