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icang [17]
3 years ago
12

A credit card had an APR of 17.84% all of last year and compounded interest daily. What was the credit card's effective interest

rate last year? A.19.37% B.17.84% C.11.95% D.19.53%
Mathematics
2 answers:
Andreas93 [3]3 years ago
3 0
The solution to the problem is as follows:

<span>((1+.1784/365)^365) - 1 =.1953=19.53%
</span>
Therefore, best and most correct answer among the choices provided by your question is the fourth choice or letter D. 19.53%

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
grin007 [14]3 years ago
3 0

Answer:

19.53%

Step-by-step explanation:

Apex

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What is the domain of the function f(x)= 1/3x+2
frutty [35]
If it is 1/(3x+2), 3x+2≠0 =>x≠-2/3, the domain is all real number except -2/3
if it is 1/(3x)+2, 3x≠0, x≠0, the domain is all real number except 0

It is hard to tell from your equation what the demonstrator is.
3 0
3 years ago
Read 2 more answers
What is the value of this expression when a = 2 and b = -3 ? a^3 - b^3 / 5
saveliy_v [14]

Answer:

13 2/5

Step-by-step explanation:

a = 2 and b = -3

so the question asks whats.... a^3 - b^3/5

First we plug in the values of a and b

(2)^3 - (-3)^3 /5

Now we solve the ones in paranthesis first

(2)^3 = 8 because 2×2×2 and

-(-3)^3 forget about the - outside the parenthesis so

(-3)^3 = (-27) because (-3)×(-3)×(-3)

now we put it back together

8 -(-27)/5

the two minus become plus so

8 + 27/5

Now we solve it like fractions

8 and 27/5

simplify

13 and 2/5

Hope that helps!

5 0
3 years ago
Two communications companies offer calling plans. With Company X, it costs 30¢ to connect and then
tensa zangetsu [6.8K]
<h3>Answer:  n+15</h3>

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

Explanation:

  • n = number of minutes
  • cost of company X = 3n+30
  • cost of company Y = 2n+15

To find out how much more company X charges, we subtract the two cost expressions

CompanyX - CompanyY = (3n+30)-(2n+15) = 3n+30-2n-15 = n+15 which is the final answer.

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

An example:

Let's say you talk on the phone for n = 20 minutes.

Company X would charge you 3n+30 = 3*20+30 = 90 cents

Company Y would charge you 2n+15 = 2*20+15 = 55 cents

The difference of which is 90-55 = 35 cents.

If you plugged n = 20 into the n+15 expression we got, then n+15 = 20+15 = 35 matches up with the previous 35 cents.

This example helps confirm the answer. I'll let you try out other examples.

8 0
2 years ago
There are 100 sophomores at the school. 85% of them are good students. What would be the percent of good students at school if (
klemol [59]

Answer:

77%

Step-by-step explanation:

7 0
3 years ago
Select the equations where x = 8 is the solution. Select all that apply (select 3).
seraphim [82]

Answer:

Step-by-step explanation:

1. x - 2 = 10

x = 10 + 2 = 12

2. 40 = 5x

40/5 = x

x = 8

3. x/2 = 8

Multiply by 2 on both sides

x = 16

4. x + 14 = 24

x = 24 - 14 = 10

5. x + 2 = 10

x = 10 - 2 = 8

6. x/8 = 1

Multiply by 8 on both sides

x = 8

No 2 5 and 6 is the correct answer

3 0
3 years ago
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