A credit card issuer charges an APR of 13.99%, and its billing cycle is 30 days long. What is its periodic interest rate?
2 answers:
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Answer:
Step-by-step explanation:
We have the length of AC which is opposite angle B; we also have the length of the hypotenuse. We will use trig here to solve for angle B. The sin ratio is the one that fits.
sin(B) = side opposite / hypotenuse:
so
sin(B) = .9411764706
Now we will use the 2nd button on our calculators. This will give us the missing angle value. Press 2nd then sin and you will see on your screen:
Enter that decimal after the open parenthesis and hit "enter" to get
B = 70.25 or 70°
