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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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How can you use an equation to make a prediction from a pattern?
Vanyuwa [196]
Upon formation of an equation from a given pattern, we know how the variables in the patter are related. Using the equation, we can find the value of one of the missing variables if the rest are known and also predict the values of the pattern at given conditions.
An example:
y = 2x + 5
if we are to predict the value of y at x = 3, we simply substitute 3 into x
y = 2(3) + 5
= 11
8 0
2 years ago
Read 2 more answers
Help and explain thanks!
katen-ka-za [31]

Answer:

120 cm

Step-by-step explanation:

One way to tackle this is by getting another sheet of paper and drawing it out, then counting up the total of the sides. If you draw it, you can see that you're dealing with a rectangle; two sides of length 12 and two sides of length 8. If you don't like drawing or don't want to in this case, another way to get the answer is by knowing one vertex is at (0, 0), so the next vertex (0, 8), would create a side that's exactly 8 units long. Kind of the same, you know from (0, 0), you also have a point (12, 0), so drawing that would create a side that's 12 units long. All in all, to get the perimeter in units, you have 12 + 12 + 8 + 8 = 40.

The problem says it wants the amount of wood in centimeters needed for the perimeter. What we just found was the perimeter in generic units, so if the problem says every "grid square", or unit, is 3 centimeters long, then all you have to do is take our result 40 and multiply it by 3 to get the number of centimeters. Your perimeter in centimeters would be 120 cm.

7 0
2 years ago
Helppp me pleaseeeeee !!!
ad-work [718]

Answer:

300 liters

The slope of the line is 300

Step-by-step explanation:

5 0
3 years ago
Please help.. will mark Brainliest!
hoa [83]

Answer:

65

Step-by-step explanation:

it is the same angle as angle one so it would be the same

6 0
3 years ago
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Drag the tiles to the correct boxes to complete the pairs.
navik [9.2K]

A. 9

B. 24

C. 6

D. 16

Step-by-step explanation:

Given ratios are;

A. 2 : 3 = 6 : x

Product of mean = Product of extreme

6*3=2*x\\18=2x\\2x=18

Dividing both sides by 2

\frac{2x}{2}=\frac{18}{2}\\x=9

B. 4 : 7 = x : 42

Product of mean = Product of extreme

7x=168

Dividing both sides by 7

\frac{7x}{7}=\frac{168}{7}\\x=24

C. 2x : 48 = 3 : 12

Product of extreme = Product of mean

2x*12=48*3\\24x=144

Dividing both sides by 24

\frac{24x}{24}=\frac{144}{24}\\x=6

D. 12 : 15 = x : 20

Product of mean = Product of extreme

15*x=12*20\\15x=240

Dividing both sides by 15

\frac{15x}{15}=\frac{240}{15}\\x=16

8 0
3 years ago
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