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
ratelena [41]
2 years ago
15

Bob businessman offers credit at 20% interest per year. APR?%

Mathematics
2 answers:
ryzh [129]2 years ago
6 0

Answer:

APR = 21.9%.

Step-by-step explanation:

We can assume that Bob businessman offers the 20%, but interest is compounded monthly.

First we must determine the monthly interest rate = 20% / 12 months = 1.667%

to determine the total APR we must calculate compound interest for the year:

compound interest = (1 + r)ⁿ = (1 + 1.667%)¹² = 21.9%

*compound interest refers to interest that gains interest.

scZoUnD [109]2 years ago
4 0

Answer:

Step-by-step explanation:

22.9

You might be interested in
A group of students is investigating how the addition of salt impacts the floatation of an egg in water. Four identical cups wer
oksano4ka [1.4K]
Cup one is the cup do to there being  no salt


3 0
3 years ago
Read 2 more answers
Which graph represents the given equation?
Alchen [17]

9514 1404 393

Answer:

  A

Step-by-step explanation:

The axis of symmetry of quadratic ax²+bx+c is x=-b/(2a). For the given equation, the axis of symmetry is ...

  x = -4/(2(3/2)) = -4/3

The only graph with its vertex at x=-4/3 is graph A.

_____

<em>Additional comment</em>

You can also make the correct choice by evaluating the equation at a couple of different values of x. Convenient ones are x= -1, or 0, or +1. The value at x=0 is the y-intercept, (0, -2), which seems to be a point on all of the graphs. The value at x=1 is 3/2+4-2 = 3.5, which looks like it is only seen on graph A.

7 0
2 years ago
NEED ANSWER ASAP!!! Express your answer in scientific notation. 9.3 X 107 - 3.14 X 106
kirza4 [7]

Answer:

89.86\times 10^6

Step-by-step explanation:

9.3\times 10^7 - 3.14\times 10^6\\

In order to simplify the above expressions we make sure that we get same powers of 10 for both the terms.

So, we multiply and divide the first term with 10

Dividing first term by 10.

\frac{9.3\times 10^7}{10}\\9.3\times 10^{7-1}\\9.3\times 10^6\\

Now multiplying it by 10.

10\times9.3\times 10^6\\93\times 10^6

Evaluating the new expressions.

93\times 10^6 - 3.14\times 10^6\\

Taking 10^6 common factor out.

(93-3.14)\ties 10^6

=89.86\times 10^6

5 0
3 years ago
The height (h) of a fireball launched from a Roman candle with an initial velocity of 64 feet per second is given by the equatio
Zigmanuir [339]

Answer: C or 2 seconds.

Step-by-step explanation:

To find the vertex in a standard form equation: (-b/2a,f(-b/2a))

plug it in: -64/2*-32 = 2

3 0
3 years ago
What is the answer to this​
Gelneren [198K]

Answer:

the answer is d.

5 0
2 years ago
Other questions:
  • The Ericsson method is one of several methods claimed to increase the likelihood of a baby girl. In a clinical​ trial, results c
    13·2 answers
  • Evaluate the following expression. Write your answer in simplest form. *
    15·1 answer
  • A1 be the event that the receiver functions properly throughout the warranty period, A2 be the event that the speakers function
    7·1 answer
  • 60 is 5 of what number​
    9·2 answers
  • I don't understand? (Questions 1 &amp; 3)
    6·1 answer
  • If x+z=15 and w + y =10, what is the value of (3w+3y)(2x+2z)?
    5·2 answers
  • Help.........................​
    8·1 answer
  • Help me plzz pleased ​
    10·1 answer
  • Which is equivalent wi mark brainliest answer ​
    8·1 answer
  • Help me find the area
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!