Jack's credit card has a 20% APR. Find the periodic interest rate from June 3
1 answer:
Answer:
B. 1.67%
Step-by-step explanation:
The periodic rate is the annual interest rate divided by the number of periods.
- The period from June 3 to July 2 is a Month.
- There are 12 Months in a Year
Therefore, we divide the annual interest rate by 12.
Therefore, the periodic interest rate for Jack's credit card from June 3
to July 2 is 1.67%.
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Answer:
Step-by-step explanation:
zeroes are when you plug in that x value and get y=0
therefore if you set x = that number and solve for 0 you get a "function"
multiplying these together will yield the complete 3rd degree polynomial
x = 1
x-1=0
x=7
x-7=0
x=-4
x+4=0
If needed you could expand but I'm too lazy
Answer: 84
<u>Step-by-step explanation:</u>
Set up a proportion as follows:
Cross multiply: 12x = 7 × 144
Divide by 12: x = 7 × 12
Simplify: x = 84