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Lana71 [14]
2 years ago
8

If the average daily balance is $294.45 and the finance charge is $5.57 for the month of March, what is the annual interest rate

? Round to the nearest hundredth. Explain the steps used to obtain the answer. Answer in complete sentences.
Mathematics
1 answer:
Fynjy0 [20]2 years ago
4 0

Answer:

6.00 294.00

Step-by-step explanation:

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What do you call the number beside the variable in the expression?
Inga [223]

a numerical ciff3cient c constant

8 0
2 years ago
You invest $15,000 in a savings account with an annual interest rate of 2.5% in
almond37 [142]

Answer:

\$16,990.62  

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

A=P(1+\frac{r}{n})^{nt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

t=5\ years\\ P=\$15,000\\ r=2.5\%=2.5/100=0.025\\n=4  

substitute in the formula above

A=15,000(1+\frac{0.025}{4})^{4*5}  

A=15,000(1.00625)^{20}  

A=\$16,990.62  

5 0
3 years ago
Martina is 3 inches less than twice as tall as her little brother. Write an expression for Martina's height. How tall is Martian
Lyrx [107]

Answer:

Martina is 53 inches tall.

Step-by-step explanation:

In order to write an expression that relates the siblings heights we need to attribute variables to each brother. First we will call Martina's height as "m", then we can call her little brother's height as "b". The problem states that Martina's height is 3 inches less than twice the height of her brother so we have:

m = 2*b - 3

Then the problem gives us the height of her brother that is 28 inches tall, so b = 28. We can now compute Martina's height:

m = 2*28 - 3 = 56 - 3 = 53 inches.

4 0
2 years ago
What conclusions can be drawn about finding the quotient in scientific notation? Check all that apply.
irga5000 [103]

Answer:

B.The exponent of the solution is –12, the difference of the original exponents.

C.The coefficient of the solution must be greater than or equal to one but less than 10.

D.The quotient is 3.0 ×

Step-by-step explanation:

7 0
2 years ago
Read 2 more answers
If the points (–2, –1), (–1, 0), (2, 3), and (–3, –2) are joined to form a straight line, at what point does the line intersect
Snowcat [4.5K]

Answer:

0

Step-by-step explanation:

Pick 2 points and use the slope formula

(–1, 0), (2, 3)

Slope =(y2−y1)/(x2−x1)

              (3−0)(2−−1)

                   3/3

                     1

y=1x

Hope this helps! Plz award Brainliest : )

5 0
2 years ago
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