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
zepelin [54]
3 years ago
8

Eden opened a credit card at a department store with an APR of 19.07% compounded monthly. What is the APY on this credit card?

Mathematics
1 answer:
notsponge [240]3 years ago
6 0

APR = Annual Percentage Rate; APY = Annual Percentage Yield.
This is a tough question!!

To get the APY we use the compounding formula (A = P(1+r/n)^nt) and put $1 in for the principal and see what our final amount is at 19.07% after a year.

A = 1(1+.1907/12)^12

A= 1.0159^12

A= 1.2083  This means that we paid 0.2083 on our dollar after a year which means the APY is 20.83%.




You might be interested in
А 65° B 45° 70°<br><br><br><br><br><br>answer this for me please​
nikklg [1K]

Answer:

"With the high level of interest in our 45-70

Step-by-step explanation:

7 0
3 years ago
What is the value of this expression <img src="https://tex.z-dn.net/?f=%20-8%5E%7B3" id="TexFormula1" title=" -8^{3" alt=" -8^{3
BARSIC [14]
-8^3 = (-8)(-8)(-8) = -512
6 0
4 years ago
Read 2 more answers
Please help I don't understand I need an answer ASAP
Simora [160]

Answer:

B = 48

Step-by-step explanation:

You are given that the two vertical lines are parallel. That means that the alternate interior angles are  equal (they form a Z shape).

So the given is that A = B

A = 5x - 12

B = 2x + 24

Solution

5x - 12 = 2x + 24

5x - 12 = 2x + 24 + 12

5x = 2x + 36

5x - 2x = 36

3x = 36

x = 36/3

x = 12

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

B is

B = 2x + 24

B = 2*12 + 24

B = 24 + 24

B = 48

5 0
3 years ago
Read 2 more answers
Because of water erosion a sandy coast can erode about five meters every five years. Suppose the coast continue to erode at the
sweet-ann [11.9K]
It would erode 50 meters
8 0
3 years ago
Please help me! Don't answer unless you are SURE that the answer is right, please! Will give 25 points.
Veronika [31]

the first thing to note is since one gallon= 60 miles then 1/2 gallon= 30 miles, now I know 1/2 is not an answer but it is easiest to decrease in moderate amounts. 1/2 gallon= 48 Km so we are close, and 1/2=0.5 so if we brought it down to 0.42 we would have 25.2 miles and 25.2 miles = 40.32. The question wants to know the approximate number and 40.32 is the closest we are going to get so the answer is 0.42

question 3

Answer:

80 + 65x ≤ 425

Step-by-step explanation:

First of all we know that the 425 must be greater than or equal to the other side, so the symbol to show that would be ≤. We also know that the forklift is a fixed price by the words 'each day'. And the to hire a single crew member would be $65 unless there are more crew workers, which would be multiplied with the 65.

question 4

Jimthompson5910Expert

Part A

Yes y is a function of x. Specifically the equation is y = x^5

For any given input, there is exactly one output

Notice how if x = 1 then y = x^5 = (1)^5 = 1

Notice how if x = -1 then y = x^5 = (-1)^5 = -1

Notice how if x = -2 then y = x^5 = (-2)^5 = -32

Notice how if x = 2 then y = x^5 = (2)^5 = 32

In general,

x^5 = x*x*x*x*x

there are five copies of x multiplied

A more specific example

3^5 = 3*3*3*3*3

there are five copies of '3' multiplied

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

Part B

All we do is replace x with 4 and use PEMDAS to simplify

f(x) = 2x+12

f(4) = 2(4)+12

f(4) = 8+12

f(4) = 20

The value of f(4) is 20

What does it mean? It is the total cost of renting the bowling lane for 4 hours. If you rent it for four hours, then you'll pay a total of $20. 

The portion 2x = 2*4 = 8 is the variable cost which depends on how long you play. The more hours, the more the variable cost goes up

The fixed cost is 12. This is always fixed as this is the price to get in the door. If you play for 0 hours, but somehow got in the door, then you still pay $12

In total, variableCost+fixedCost = 8+12 = 20 = totalCost

5 0
3 years ago
Other questions:
  • WILL GOVE BRAINLIEST IF YOU ANSWER CORRECTLY!!!!!!!!
    8·1 answer
  • Are 5(2x-y) and 15x-5y equivalent expressions?
    10·1 answer
  • Which expression is equivalent to √4j^4/9k^8?
    14·2 answers
  • If g(x) = 2(x − 4), find the value of x if g(x) = 20. 32 12
    7·2 answers
  • Pliz help...............​
    10·1 answer
  • Please help me!!!!!​
    12·1 answer
  • A group of friends will buy at most 8 snacks at a movie theater and spend no more than $42. They will pay $4 for each box of can
    7·1 answer
  • Which angle is complementary to &lt;4?<br><br> &lt;2<br> &lt;1<br> &lt;6<br> &lt;3
    13·2 answers
  • The drama club is selling tickets for a play. The profit, y, is
    9·1 answer
  • HELPPPPPPPPPPPPPPPPPPPPPPPPPPPPP
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!