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3 years ago

If the apr on a credit card is 22.2% what is the monthly interest rate

2 answers:

7 0

<span>The monthly interest rate for a credit care that has an APR 22.2 pct rate is calculated on the balance of the credit card. There is no standard monthly interest rate given.</span>

34kurt3 years ago

5 0

Solution:

APR =Annual Percentage rate

It is the amount of money charged as interest on a sum that you borrow from bank.The interest can be paid monthly or annualy. If you pay the balance at the end of each month that you have borrowed from credit card ,there is no need to pay interest.To find the monthly interest rate , we just divide the value of APR by 12 .

As Yearly interest rate i.e APR on credit card = 22 .2 %

Then , Monthly interest rate = $\frac{22.2}{12}= 1.85$ %

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alukav5142 [94]

Answer:

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3 years ago

Find the area of triangle ABC with vertices A(2,1), B (12,2), C (12,8). Hence, or otherwise find the perpendicular distance from

Lapatulllka [165]

<h2>The area of a triangle is =54 square units</h2><h2>The perpendicular distance from B to AC is = $\frac{108}{\sqrt{149} } units$ </h2>

Step-by-step explanation:

Given a triangle ABC with vertices A(2,1),B(12,2) and C(12,8)

$x_1=2,y_1=1,x_2=12,y_2=2,x_3=12 and y_3=8$

The area of a triangle is= $\frac{1}{2} [x_1(y_2-y_3) +x_2 (y_3- y_1)+x_3(y_1-y_2)]$

= $|\frac{1}{2} [2(2-8+12(8-1)+12(1-2)]|$

= $|-54|$ = 54 square units

The length of AC = $\sqrt{(x_1-x_3)^{2} +(y_1-y_3)^2}$

= $\sqrt{(2-12)^{2} +(1-8)^2}$

= $\sqrt{149}$ units

Let the perpendicular distance from B to AC be = x

According To Problem

$\frac{1}{2} \times x \times \sqrt{149} = 54$

⇔ $x =\frac{108}{\sqrt{149} }$ units

Therefore the perpendicular distance from B to AC is = $\frac{108}{\sqrt{149} } units$

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3 years ago

Suppose that P(A)=0.5, P(B)= 0.4 and P(B/A) =0.6. Find each of the following.

Lady_Fox [76]

Part (a)

P(A) = 0.5

P(B) = 0.4

P(B/A) = 0.6

P(A and B) = P(A)*P(B/A)

P(A and B) = 0.5*0.6

P(A and B) = 0.3

<h3>Answer: 0.3</h3>

==========================================

Part (b)

We'll use the result from part (a)

P(A or B) = P(A) + P(B) - P(A and B)

P(A or B) = 0.5 + 0.4 - 0.3

P(A or B) = 0.6

<h3>Answer: 0.6</h3>

===========================================

Part (c)

A and B are not independent since P(B) does not equal P(B/A). The fact that event A happens changes the probability P(B). Recall that P(B/A) means "probability P(B) based on event A already happened". A and B are independent if P(B) = P(B/A).

Events A and B are not mutually exclusive since P(A or B) is not zero.

<h3>Answer: Neither</h3>

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3 years ago

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bearhunter [10]

The solution is attached in the image below. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

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tankabanditka [31]

The answer is 1,344 hope this helps

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