Answer:
Step-by-step explanation:
Range = maximum value - minimum value
= 25 - 6 = 19
Option D is the correct answer
<span>Answer:
The credit card issuer will show APR which is 22.08% and not effective rate of interest.
This is because Effective rate, when calculated with the formula given below will come as 24.67% which is 2.59% more and hence will make customers feel that they are paying more.
r = [ { (1+ i / n) ^ (n) } - 1] * 100
Where i = APR/100
n = number of compounding periods which is 365 in this case as compounding is done daily.
[ { (1+ 0.2208 / 365) ^ (365) }- 1] * 100</span>
-1/8 is your answer
hope this helps
<u>1</u><u> </u><u>1</u><u>\</u><u>2</u><u>. </u><u> </u><u>s</u><u>o</u><u> </u><u>h</u><u>e</u><u> </u><u>h</u><u>a</u><u>d</u><u> </u><u>t</u><u>h</u><u>a</u><u>t</u><u> </u><u>f</u><u>r</u><u>a</u><u>c</u><u>t</u><u>i</u><u>o</u><u>n</u><u> </u><u>a</u><u>s</u><u> </u><u>a</u><u>l</u><u>l</u><u> </u><u>a</u><u>f</u><u>t</u><u>e</u><u>r</u>
Answer:
I don't know I'm just answering questions because i need points