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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%.




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nika2105 [10]
$69.24 is the correct answer because 56.75 multiplied by 1.22 is 69.24
7 0
3 years ago
Which of the following shows that polynomials are closed under subtraction when polynomial x + 5 is subtracted from 3x2 + 2x − 6
Art [367]
For this case we have the following polynomials:
 P = 3x ^ 2 + 2x - 6

Q = x + 5
 By subtracting both polynomials we have:
 P - Q = (3x ^ 2 + 2x - 6) - (x + 5)

 What we must do is subtract terms of the same degree.
 We have then:
 P - Q = 3x ^ 2 + (2x - x) + (-6 - 5)

P - Q = 3x ^ 2 + x - 11
 Answer:
 
3x ^ 2 + x - 11 will be a polynomial
3 0
4 years ago
PLS HELP ASAP ILL GIVE BRAINLKEST THANKS
pshichka [43]

Answer:

C

Step-by-step explanation:

y = 10

x = 8

The y intercept is 0 and the line runs through (0,0)

m = y / x This formula can only be used when the y incept is 0.

m = 10/8

m = 5/4

Equation

y = 5/4 x

3

8 0
3 years ago
A pack of 24 cans costs £6. Work out the cost of 5 cans.
VARVARA [1.3K]
<span>24 cans costs £6

6/24 = 0.25 each can

5 * 0.25 = </span><span>£1.25

answer: </span>£1.25 for <span>5 cans</span>
6 0
3 years ago
Read 2 more answers
ANSWER FOR BRAINLIEST :)
Tju [1.3M]

Answer:

simplified : k/2 - 3/5

Step-by-step explanation:

hope this helps <3

8 0
3 years ago
Read 2 more answers
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