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Vlad [161]
3 years ago
14

Why are new offers APRs higher than existing account APRs?

Mathematics
1 answer:
Kamila [148]3 years ago
6 0

Answer:

The APR reflects the interest rate plus the fees you paid directly to the lender or broker or both: origination charges, discount points and any other costs. Those fees add to the cost of the loan, and APR takes them into account. That's why APR is higher than the interest rate.

Step-by-step explanation:

Have a good day

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Segment addition postulate<br> What’s the answer?
Free_Kalibri [48]

\bf Step-by-step~explanation:

Keep in mind: The entire line segment (VX) is equal to 14.

\bf Step~1:

Let's see how the line segment looks like first.

Line segment VX is 14 units long.

             14

______________

V                         X

W is on the line segment somewhere, and VW is equal to 3.

     3              ?

______________

V           W           X

\bf Step~2:

We have to solve for the <em>?.</em> Let's put ? as x. So now we are solving for x.

We have to set up our equation like this:

x + 3 = 14

Since our unknown value plus 3 is equal to 14, we have to subtract 3 from 14 to get our answer.

14 - 3 = 11

   3               11

______________

V           W           X

\large\boxed {\bf Our~final~answer: ~WX=11}

3 0
2 years ago
4. Jose and Camden both worked hard over the summer. Together, they earned a total of $310. Jose earned $40 more than Camden. Ho
Anni [7]
Easy divide the numbers 310 and 40 like this
310÷40
ANSWER
7.75
6 0
3 years ago
On two investments totaling $11,500, Peter lost 3% on one and earned 4% on the other. If his net annual receipts were $⁢201, how
BlackZzzverrR [31]
Total amount of money invested - $11500
X +Y = $11500. ----------(1)
Total yearly interest for thetwo a/c is - $201
-0.03X + 0.04Y = $201
Form (1)
X = 11500 - Y
Substitute for X
-0.03(11500 - Y) + 0.04 Y = $201
-345 + 0.03Y + 0.04Y =201
0.07Y = 546
Y = 7800 at 4 %
Calculate X
X = 11500 - Y
= 11500 - 7800
=3700 at - 3%
Check
-0.03×3700 + 0.04 × 7800 = $201
-111 + 312 = $201
$201 = $201
6 0
3 years ago
Take away 6 from 8 times g
garri49 [273]

Answer:

8 - 6 = 2

Step-by-step explanation:

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3 0
2 years ago
Read 2 more answers
Lines y and z are parallel.
Mrac [35]

Answer:

28 degrees

Step-by-step explanation:

step 1

Find the measure of angle 1

m\angle 1+65^o=180^o ----> by supplementary angles

m\angle 1=180^o-65^o=115^o

step 2

Find the value of x

(10x+5)^o=m\angle 1 ----> by corresponding angles

substitute

(10x+5)^o=115^o

10x=110\\x=11

step 3

Find the measure of angle 2

Remember that the sum of the interior angles in any triangle must be equal to 180 degrees

m\angle 1+m\angle 2+(4x-7)^o=180^o

substitute

115^o+m\angle 2+(4(11)-7)^o=180^o

m\angle 2=180^o-152^o=28^o

3 0
3 years ago
Read 2 more answers
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