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
dangina [55]
3 years ago
15

Credit card A offers an introductory APR of 7.6% for the first 3 months and a standard APR of 23.4% thereafter, while credit car

d B offers an introductory APR of 7.9% for the first 3 months and a standard APR of 22.9% thereafter. All else being equal, which of these statements is correct? (Assume all interest is compounded monthly.)
A. Credit card B is the better deal over the course of the first 3 months and over the course of the first year.

B. Credit card B is the better deal over the course of the first 3 months, but credit card A is the better deal over the course of the first year.

C. Credit card A is the better deal over the course of the first 3 months and over the course of the first year.

D. Credit card A is the better deal over the course of the first 3 months, but credit card B is the better deal over the course of the first year.
Advanced Placement (AP)
2 answers:
alexgriva [62]3 years ago
8 0

FOR APEX -

The Correct Answer is Credit card A is the better deal over the course of the first 3 months, but credit card B is the better deal over the course of the first year.


melomori [17]3 years ago
7 0

Answer

D. Credit card A is the better deal over the course of the first 3 months, but credit card B is the better deal over the course of the first year.

Explanation

An Introductory rate is low rate given by credit card companies to its clients as an incentive for card application. An introductory APR with a 0% offer simply means that a person is not required to pay interest on his or her purchase for a particular period of time. Introductory APR could last from 6 to 12 months. For  the first 3 month, card A (7.6%) offers a better deal than card B(7.9%). Over the course of the year, card B(22.9%) offers a better deal than card A(23.4%)


You might be interested in
According to the law of demand when price of a good or service goes up the quantity demand will
Papessa [141]
<span>According to the law of demand when price of a good or service goes up the quantity demand will go down. Every increase in price will result in lower demand for the product.</span>
6 0
3 years ago
Everybody needs to read this
vova2212 [387]
Read it. Had fun. Had happy. Had left.
8 0
3 years ago
Read 2 more answers
When did Brainly start going downhill?
Juli2301 [7.4K]

Answer:

when 2nd graders ask what 8 x 6 is

Explanation:

6 0
3 years ago
hey guys I have a hard question for my college pre help I have done this question but I want to see if you can get it
myrzilka [38]

Replacing <em>F</em> with <em>F</em> + 1 gives

5/9 (<em>F</em> + 1 - 32) = 5/9 (<em>F</em> - 32) + 5/9 = <em>C</em> + 5/9

so a temperature increase of 1º F translates to a 5/9º increase in Celsius, so I is true.

Replacing <em>F</em> with <em>F</em> + 5/9 gives

5/9 (<em>F</em> + 5/9 - 32) = 5/9 (<em>F</em> - 32) + (5/9)² = <em>C</em> + 25/81

so increasing the temperature by 5/9º F amounts to a 25/81º increase in Celsius, so III is false.

Solve for <em>F</em> in terms of <em>C</em> :

<em>F</em> = 9/5 <em>C</em> + 32

Replacing <em>C</em> with <em>C</em> + 1 gives

9/5 (<em>C</em> + 1) + 32 = 9/5 <em>C</em> + 32 + 9/5 = <em>F</em> + 9/5

and 9/5 = 1.8, so a 1º C increase translates to a 1.8º F increase, so II is also true and the answer is D.

4 0
2 years ago
Ano ang pangngalang pambalana ng Mundo?<br> A. Planeta<br> B. Lupa<br> C. Buwan<br> D. Daigdig
34kurt

Answer:

Ang pangalng pambalan Ng mundo

A. planeta

7 0
2 years ago
Read 2 more answers
Other questions:
  • Explain how the biological and cognitive research perspectives differ in their
    7·1 answer
  • Life changes that limit one's ability to make independent choices or improve the self tend to cause stress most for individuals
    11·2 answers
  • What are some differences between classic clothing and fads
    10·1 answer
  • Fame is ____; today's rising star is all too soon tomorrow's washed-up has-been.
    11·2 answers
  • Predict how the Mediterranean Sea and the continents will change in 100 million years
    10·1 answer
  • Is the following function discrete or continuous? 2x+3y=6.
    8·1 answer
  • Answer this question please 28 X 500 explanation please
    5·2 answers
  • Which of the following changes between trophic levels would have the highest energy conversion efficiency?
    6·1 answer
  • PLEASE HELP!!!!!!!!!!!!!!!!!!!!!What are the benefits and drawbacks to using solar, geothermal, and wind power as alternative so
    8·1 answer
  • Psychology
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!