Solution:- Answer is 19.33%
Annual percentage rate (APR) is the yearly rate for a price which have to pay for borrowing money through credit card.
Here Caleb has an offer from a credit card issue for i=0% APR for the first 30 days.
now, effective interest rate for n= 30 days
=
After 30 days APR =17.68%=0.1768
n=365-30=335 days
now the effective interest rate for n=335 days
=
=19.33%
So the effective interest rate for 365 days =0+19.33% =19.33%
So fourth option is correct.
and
. So we have a remainder of

and
. Subtracting this from the previous remainder gives a new remainder

and
. Subtracting this from the previous remainder gives a new one of

and we're done since 2 does not divide
. So we have

80 divided by 15 Is =5.333333 which I don’t know how to round it but it would be around 5 at least
Answer: $1,780
Step-by-step explanation:
Joy Wigens deposited 1/3 of the check of $2,670 that she received in her Citibank account.
The amount she deposited in her Citibank account was:
= 1/3 * 2,670
= $890
The amount she is left with after this deposit will therefore be:
= Check amount - deposit at Citibank
= 2,670 - 890
= $1,780
N equals <em>416</em>
Hope this helps!