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Artemon [7]
2 years ago
11

A person charges $100 to a credit card with a 24% nominal annual interest rate. Assuming no other charges or payments are made,

find the
balance on the card, in dollars, after 1 year for interest calculated at each time interval. Round to the nearest cent if necessary.
a. annually $
b. every 6 months
C. every 3 months $
d. monthly
e. daily $
Mathematics
1 answer:
Darina [25.2K]2 years ago
3 0

Answer:

im assuming its daily

Step-by-step explanation:

If you have a credit card with a 24% APR, that's the rate you're charged over 12 months, which comes out to 2% per month. Since months vary in length, credit cards break down APR even further into a daily periodic rate (DPR). It's the APR divided by 365, which would be 0.065% per day for a card with 24% APR. Hope this helps. :D

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geniusboy [140]

The point (1,2) is on the graph of the equation.

Explanation:

The equation is 2x+3y=8

We need to determine the point (1,2) is on the graph.

To determine the point (1,2) is on the graph, we need to substitute the point in the equation and find whether the LHS is equal to RHS.

Thus, substituting the point (1,2) in the equation 2x+3y=8, we get,

2(1)+3(2)=8

Multiplying the terms within the bracket, we have,

2+6=8

Adding the LHS, we have,

8=8

Thus, both sides of the equation are equal.

Hence, the point (1,2) is on the graph of the equation 2x+3y=8

3 0
3 years ago
One of the zeros of the polynomial function is 5.
maks197457 [2]
The last term  is -100 so  its either a or d.
Try a:-

(x^2 - 25)(x-2)(x - 2)

= x^2 - 25 (x^2 - 4x + 4)

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= x^4 + 4x^3 - 21x^2 + 100x - 100   

Its a.

7 0
3 years ago
Read 2 more answers
Hiya! Here's my question:
Step2247 [10]

wait i got it!

Since 18 kilograms are 18000 grams, you have

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and

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So, with 18 kilograms of salt the baker can make exactly 600 batches with no leftovers, while with 800 grams of salt the baker can make 26 batches, with some leftovers.

In fact, 26 batches require

26 x 30 =780

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Step-by-step explanation:

5 0
3 years ago
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Dafna11 [192]

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Proportion: \frac{100  ft}{5  sec} = \frac{x}{60  sec}

Cross multiply: 60 · 100 = 5 · x

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Gelneren [198K]

Answer:

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Step-by-step explanation:

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3 0
2 years ago
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