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nignag [31]
3 years ago
6

Suppose your credit card issuer states that it charges a 17.00% nominal annual rate, but you must make monthly payments, which a

mounts to
monthly compounding. What is the effective annual rate?
Select the correct answer,
a. 18.19%
b. 17.99%
c. 18.39%
d. 18.79%
e. 18.59%
Mathematics
2 answers:
lbvjy [14]3 years ago
5 0
This is hard but the answer is A
Solnce55 [7]3 years ago
3 0
I believe that answer is a 18.19%
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What is the sign of the product of any odd number of negative integers? Explain your reasoning.​
Alchen [17]

Answer:

If there are an even number (0, 2, 4, ...) of negative factors to multiply, the product is positive. If there are an odd number (1, 3, 5, ...) of negative factors, the product is negative.

Step-by-step explanation:

3 0
3 years ago
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If the third term in a geometric sequence is 20, and the fifth term in the
Gwar [14]

Answer: A) 1/2

Step-by-step explanation:

In a geometric sequence, the consecutive terms differ by a common ratio. The formula for determining the nth term of a geometric progression is expressed as

Tn = ar^(n - 1)

Where

a represents the first term of the sequence.

r represents the common ratio.

n represents the number of terms.

If the third term is 20, it means that

T3 = 20 = ar^(3 - 1)

20 = ar²- - - - - - - - - - 1

If the third term is 20, it means that

T5 = 5 = ar^(5 - 1)

5 = ar⁴- - - - - - - - - - 2

Dividing equation 2 by equation 1, it becomes

5/20 = r⁴/r²

1/4 = r^(4 - 2)

(1/2)² = r²

r = 1/2

6 0
3 years ago
Rewrite 12/17 as a decimal number. Round to the nearest thousandth.
boyakko [2]
Let's rewrite the given fraction 12/17 to a  decimal number. Then Let's round to the nearest thousandth.
To do that, divide the numerator by the denominator.
=> 12 / 17
=> 0.7058
Le's round this to
=>0.706

8 0
3 years ago
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How can you solve this problem? Please help!!
polet [3.4K]
A. 13 hours
b. 0.52 hours
7 0
4 years ago
What Is the Slope And Y Intercept Of This Line?<br><br> Y = X -5
asambeis [7]

Answer:

slope = 1 , y- intercept = - 5

Step-by-step explanation:

the equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y-intercept )

y = x - 5 is in this form

with slope m = 1 and y- intercept c = - 5


6 0
4 years ago
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