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Vanyuwa [196]
3 years ago
7

Reca was approved for a credit card that charges an apr of 26% what is her monthly interest rate?

Mathematics
1 answer:
Lesechka [4]3 years ago
7 0

Answer:

i_m=0.01945 or 1.945%

Step-by-step explanation:

Term annual percentage rate(APR) is the annual interest rate charged ona financial year for a duration of one year. APR can be converted to weekly, monthly, daily or even semi-annual rates using the below formula.

Effective rate for period = (1 + annual rate)(1 / n of periods) – 1

Rate is given as:

i_m=(1+i)^\frac{1}{12}-1\\i_m=(1+0.26)^\frac{1}{12}-1\\i_m=0.01945

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Answer:

420

Step-by-step explanation:

Simple addition! I double checked!

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3 years ago
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Naddik [55]
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Expanded Form: 700+2+0.6+0.05+0.006
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3 years ago
Five bikers join a race. In how many possible ways can they be arranged as
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Answer:

60 different possibilities

Step-by-step explanation:

Number of bikers = 5

Positions = first, second and third

First positions = all 5 riders can take the first spot = 5 possibilities

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6 0
3 years ago
Hi boys can you help me pls!!!!!!!
goblinko [34]

Answer: OPTION A.

Step-by-step explanation:

Given the following function:

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You know that it represents the the height of the ball (in meters) when it is a distance "x" meters away from Rowan.

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So, the maximum point of the graph modeling the height of the ball is the Vertex of the parabola.

You can find the x-coordinate of the Vertex with this formula:

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In this case:

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7 0
3 years ago
7.489 ÷ 0.09. Explain.
Kisachek [45]
83.2111111111.

0.09 fits into 7.498, 83.2111111111
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3 years ago
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