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RoseWind [281]
3 years ago
8

Brandon opened a credit card at a department store with an APR of 14.99% compounded monthly. What is the APY on this credit card

? A. 1.25% B. 29.98% C. 16.06% D. 19.55%
Mathematics
1 answer:
pav-90 [236]3 years ago
3 0

Answer:

real annual rate= 0.1606 = 16.06%

Step-by-step explanation:

Giving the following information:

APR= 14.99% = 0.1499

<u>First, we will determine the nominal monthly rate:</u>

Nominal monthly rate= 0.1499/12

Nominal monthly rate= 0.01249

<u>Now, to calculate the real annual rate, we need to use the following formula:</u>

real annual rate= [(1 + Nominal monthly rate)^n] - 1

real annual rate= [(1.01249^12) - 1]

real annual rate= 0.1606 = 16.06%

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Anyoneee help im stuck !! 15 points!!
Gnom [1K]

Answer:

Given: \angle 1, \angle 2, \angle 3, \angle 4 formed by two intersecting segments.

In the given figure;

Linear pair states that a pair adjacent angle formed when two lines intersect.

Then by definition of linear pairs,

\angle 1  and  \angle 2 forms a linear pair

Also,  \angle 2  and  \angle 3 forms a linear pair.

Linear pair postulates states that the two angle that forms a linear pair are supplementary(i,e add up to 180 degree).

Then by linear pair postulates;

m\angle 1+ m\angle 2 =180^{\circ}

and

m\angle 2+m \angle 3 =180^{\circ}

Substitution property of equality states that if x =y then, x can be substituted in for y or vice -versa.

then by substitution property of equality:

m\angle 1+m\angle 2=m\angle 2+ m\angle 3

Addition property of equality states that:

if x =y,  then x + z = y+ z

By addition property of equality:

m\angle 1 =m\angle 3     hence proved!

6 0
3 years ago
Multiplying decimals and Dividing (all)
Triss [41]

Step-by-step explanation:

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6 0
3 years ago
Which exponential equation is equivalent to this logarithmic equation log x5 + log x12 =7
trapecia [35]

Answer:

x⁷ = 60

Step-by-step explanation:

<u>Given</u><u> </u><u>:</u><u>-</u><u> </u>

  • log x⁵ + log x ¹² = 7 .

<u>To </u><u>Find</u><u> </u><u>:</u><u>-</u><u> </u>

  • The expotential equation .

<u>Solution</u><u> </u><u>:</u><u>-</u><u> </u>

Given logarithmic equation is ,

⇒ log x⁵ + log x ¹² = 7

⇒ log x ⁵ * ¹² = 7 [ log aⁿ + log aⁿ' = log aⁿ * ⁿ' ]

⇒log x ⁶⁰ = 7

In expotential form we can write it as ,

⇒ x⁷ = 60

5 0
3 years ago
How do I set this up
Mrac [35]

To justify the yearly membership, you want to pay at least the same amount as a no-membership purchase, otherwise you would be losing money by purchasing a yearly membership.  So set the no-membership cost equal to the yearly membership cost and solve.

no-membership costs $2 per day for swimming and $5 per day for aerobic, in other words, $7 per day.  So if we let d = number of days, our cost can be calculated by "7d"

a yearly membership costs $200 plus $3 per day, or in other words, "200 + 3d"

Set them equal to each other and solve:


7d = 200 + 3d

4d = 200

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So you would need to attend the classes for at least 50 days to justify a yearly membership.  I hope that helps!

5 0
3 years ago
What is the precise definition of an angle?
Dmitriy789 [7]
<span>The space (usually measured in degrees) between two intersecting lines or surfaces at or close to the point where they meet.</span>
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3 years ago
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