<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>
Answer:
72 inches because a hexagon has 6 sides so you multiply 6 × 12
Answer: Answer choices 1, 3, 4
Step-by-step explanation:
As long as it ends in .0, .2, .4, .6, or .8 it's fine. Therefore the first and last 2 work, since 0.2 can end in either of those 5 values.
Hope that helped,
-sirswagger21
