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PIT_PIT [208]
3 years ago
12

Help with this question

Mathematics
1 answer:
Vikentia [17]3 years ago
3 0

Answer:

60

Step-by-step explanation:

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Grant's credit card has an apr of 11.28% and it just changed its compounding period from monthly to daily . What happen to the i
madreJ [45]

Answer:

C. It will increase by about 0.6%

Step-by-step explanation:

Since, the effective interest rate is,

r=(1+\frac{i}{n} )^{n} -1

Where, i is the stated interest rate,

n is the number of compounding periods,

Here, i = 11.28 % = 0.1128,

n = 365  ( 1 year = 365 days ),

Hence, the effective interest rate would be,

r=(1+\frac{0.1128}{365})^{365}  -1

=0.119388521952

Now, the changes in effective interest rate = Effective interest rate - Stated interest rate

= 0.119388521952 - 0.1128

= 0.006588521952 ≈ 0.006 = 0.6 %  

Hence, It will increased by about 0.6 %,

Option A is correct.

Hope this helps :)

7 0
3 years ago
How do I solve this?
Oliga [24]
×=4 since you divide 3 and 12 by 3
So it would be 13-16 (4×4)
Your answer is -3
4 0
2 years ago
I need help plz i dont know
ICE Princess25 [194]

Answer:

Hey! Ok so the height is C.10 ft.

Step-by-step explanation:

So to find the height I have to do

h=Vlw =540 12·4.5=10

So therefore its 10

Hope you have a great day! I'm Eve btw Hoped this helped and consider marking this brainiest!

5 0
3 years ago
What type of quadrilateral has to the vertices A(3,6), B(3,3), C(6,3), and D(6,6)
prisoha [69]

a square as the distance between the lengths and widths are 3

8 0
3 years ago
What is the solution to this equation? 2x+4=16
AlekseyPX

2x+4=16\\\\2x=12\\\\x=6

3 0
3 years ago
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