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
attashe74 [19]
3 years ago
14

Credit card A has an APR of 20.8% and an annual fee of $60, while credit card B has an APR of 24.6% and no annual fee. All else

being equal, which of these equations can be used to solve for the principal, P, the amount at which the cards offer the same deal over the course of a year? (Assume all interest is compounded monthly.) A. P•(1 + 0.208/12)12 - $60•12 = P•(1 + 0.246/12)12 B. P•(1 + 0.208/12)12 + $60•12 = P•(1 + 0.246/12)12 C. P•(1 + 0.208/12)12 - $60 = P•(1 + 0.246/12)12 D. P•(1 + 0.208/12)12 + $60 = P•(1 + 0.246/12)12
Mathematics
2 answers:
s344n2d4d5 [400]3 years ago
8 0

Answer: ITS OPTION D


Step-by-step explanation: i just got it right on APEX DHSIDOSOSSJ


Yuri [45]3 years ago
7 0

Answer:

Option D is right answer.

Step-by-step explanation:

Given APR of card A = 20.8%, monthly rate is 0.208/12

n = 12 as interest is compounded monthly.

t = 1 year

The annual fee of card A is $60.

So, formula for compound interest is A=P(1+\frac{r}{n})^{nt}

Putting the values in formula:

A= P(1+0.208/12)^{12} +60 (annual fee)

For card B :

APR is 24.6% or monthly 0.246/12

n = 12 and t = 1

Putting these values in formula :

A=P(1+0.246/12)^{12}

Hence, as per the result from formulas, we can see that option D is correct one.

You might be interested in
3(x-4) = 2(-2x + 1)<br>this is confusing me​
nata0808 [166]

Answer:

x = 2

Step-by-step explanation:

<em>Distribute</em>

3 (−4) = 2 (−2+1)

3 − 12 = 2 (-2x +1)

<em>Distrubute again</em>

3x - 12 = -4x + 2

<em>Add twelve to both sides of the equation</em>

<em>Simpfly</em>

3x = -4x + 14

<em>Add 4x to both sides of the equation</em>

<em>simpfly</em>

7x = 14

<em>Divide both sides of the equation by the same term</em>

<em>Simpfly</em>

x = 2

5 0
3 years ago
Suppose you are asked to find the area of a rectangle that is 2.1-cm wide by 5.6-cm long. Your calculator answer would be 11.76
yKpoI14uk [10]

Answer:

12 cm²

Step-by-step explanation:

Length of rectangle = 5.6 cm

Width of rectangle = 2.1 cm

Area of rectangle = Length of rectangle×Width of rectangle

⇒Area of rectangle = 5.6×2.1

⇒Area of rectangle = 11.76 cm²

11.76 has 4 significant figures in order to write this term in 2 significant terms we round of the term

The last digit in the decimal place is 6. Now, 6≥5 so we round the next digit to 8 we get

11.8

Now the last digit in the decimal place is 8. Now, 8≥5 so we round the next digit to 2 we get

12

∴ Hence the area of the rectangle when rounded to 2 significant figures is 12 cm²

5 0
3 years ago
Simplify <br>it was x there so u not confused​
Mariulka [41]

Step-by-step explanation:

here's the solution: -

=》

\frac{x {}^{6} }{ {x}^{4} }  \times  {x}^{2}

=》

\frac{x \times x \times x \times x \times x \times x}{x  \times x \times x\times \: x }  \times x \times x

=》

x \times x \times x \times x

=》

{x}^{4}

5 0
2 years ago
The least common multiple of two numbers is 60, and one of the numbers is 7 less than the other number. What are the numbers?
storchak [24]
Step One - List the factors of 60.
Step Two - Locate the factors that are seven apart from each other.

Factors of 60:
1 × 60
2 × 30
3 × 20
4 × 15
5 × 12
6 × 10

60 - 1 = 59
30 - 2 = 28
20 - 3 = 17
15 - 4 = 11
12 - 5 = 7
10 - 6 = 4

5 is 7 less than 12, and 60 is their least common multiple.

Answer: 5 and 12 
8 0
3 years ago
Use a table of function values to approximate an x-value in which the exponential function exceeds the polynomial function. f(x)
olasank [31]
<span>Use a table of function values to approximate an x-value in which the exponential function exceeds the polynomial function. f(x) = 3(4)(2x-4). h(x) = (x + 2)3 + 1. 
</span><span>
D) x= 4</span>
6 0
3 years ago
Read 2 more answers
Other questions:
  • James sets off from home on his bike.The graph shows his journey.A)what is James average speed on his outward journey?B)How long
    5·1 answer
  • Which statement is true regarding the functions on the graph?
    10·1 answer
  • What is 9.3 x 10 to the 7 power in standard notation
    14·1 answer
  • A circle has a radius of 6 cm. What is the area of the circle? (Use 3.14 for pi)
    7·1 answer
  • A bus started from Kathmandu and reached khanikhola,26km far from Kathmandu, in one hour. if the bus had uniform acceleration, c
    5·1 answer
  • I am having trouble figuring out this question, repost again...
    10·2 answers
  • I NEED ANSWERS FAST PLEASE ILL GIVE BRAINLIEST
    11·1 answer
  • In two or more complete sentences, explain how to solve the cube root equation, vx-1+3=0.
    8·1 answer
  • A scuba diver diving with an 80 cubic foot tank of air, needs to resurface when his air in the
    14·1 answer
  • What is the sum of -14<br> and -15?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!