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Ray Of Light [21]
3 years ago
13

A credit card issuer offers an APR of 22.08% and compounds interest daily. Which is it most likely to advertise, its APR or its

effective rate?
Mathematics
1 answer:
Levart [38]3 years ago
3 0

They are most likely to advertise the APR

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Use the Pythagorean theorem

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The pythagorean theorem is a^{2} +b^{2} =c^{2} where a is a height, b is a height, and c is the hypotenuse, which is the longest side of a triangle. For example, if the triangle has two side with lengths of three and four we would put them into the equation to get:

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