<span>Answer:
The credit card issuer will show APR which is 22.08% and not effective rate of interest.
This is because Effective rate, when calculated with the formula given below will come as 24.67% which is 2.59% more and hence will make customers feel that they are paying more.
r = [ { (1+ i / n) ^ (n) } - 1] * 100
Where i = APR/100
n = number of compounding periods which is 365 in this case as compounding is done daily.
[ { (1+ 0.2208 / 365) ^ (365) }- 1] * 100</span>
What are the answer choices so i can see which one is right?
In the box containing the 2 plain pencils and 2 pens, there would be a 50% chance of getting a pen. In the other box containing 7 color pencils and 3 crayons there would be a 30% chance of getting a crayon.
Answer:
c 2:1
Step-by-step explanation:
If you simplify 14:7 it is 2:1 (divide by 7)
Answer:
hi
Step-by-step explanation:
Answer:
The diameter of the circle is 56 cm.
Step-by-step explanation:
Given : The area of the circle is 2464 cm square.
To find : The diameter of the circle?
Solution :
The area of the circle is defined as
Where, A=2464 cm² is the area,
r is the radius
Substituting the values,
Radius of the circle is 28 cm.
The diameter of the circle is
Therefore, The diameter of the circle is 56 cm.
