If a credit card advertises an annual interest rate of 23%, then the equivalent monthly interest rate is 1.74%
The annual interest rate = 23%
The credit card interest rate the amount you have to pay to borrow the money from them. The credit card interest rate is usually expressed in yearly rate. This is called annual percentage rate.
The monthly interest rate = 
= 
= 1.0174
Then,
= (1.0174-1) × 100%
Subtract the terms first
= 0.0174 × 100%
Multiply it
= 1.74%
Hence, if a credit card advertises an annual interest rate of 23%, then the equivalent monthly interest rate is 1.74%
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Answer:
C) 1
Step-by-step explanation:
Answer:
$1380
Step-by-step explanation:
- The regular price of a computer is $1200
- The regular price of a printer is $300.
The electronics store offers a 40% discount on the printer only when the computer is purchased at the regular price.
Discount on the Printer = 40% of $300 =0.4 X 300 =120
Promotional Price of the Printer = $300-120 =$180
Therefore, the total cost of the computer and the printer at the promotional price
=Regular price of a computer + Promotional Price of the Printer
=1200+180
=$1380
Answer:
The domain is all x -values or inputs of a function and the range is all y -values or outputs of a function. When looking at a graph, the domain is all the values of the graph from left to right. The range is all the values of the graph from down to up.
Step-by-step explanation:
The formula for the volume of a cone is
to find the radius divide the diameter by 2
replace all data in the formula
