All categories

3 years ago

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

You might be interested in

3/5 of Jill's 30 page photo album is full. She wanted to set aside 1/4 of the pages that are in there for vacation. How many pag

ElenaW [278]

4 and a half to fill 30 in total minus the ones already used 30 - 18 = 12 A forth of the pages she wants to save which is about 7.5 of the total 12 - 7.5 Means she only has 4.5 pages left to use before she starts using her extra vacation pages

3 0

3 years ago

A company makes traffic signs one of those signs can be modeled by an equilateral triangle with the perimeter of 144 inches the

barxatty [35]

Answer:

The height of the larger traffic signs is 51.96 inches

Step-by-step explanation:

Given that initially, A company makes traffic signs of an equilateral triangle with the perimeter of 144 inches

Now, A company makes similar traffic signs of perimeter 1.25 of original

New perimeter will be 1.25x144=180 inches

Let triangle ABC be a larger triangle with 180inches of the perimeter.

It is given that the triangle is an equilateral triangle,

Therefore, Side AB=BC=AC

The perimeter of a triangle ABC is

AB+BC+AC=180

3AB=180

AB=60 inches

Figure show that triangle ABC and AD is the height of the triangle.

Since, the triangle ABC is an equilateral triangle,

AD is the perpendicular bisector of BC

so that,

BD=DC and Angle ADB=90

In right triangle ADB,

Angle D =90 and Angle B =60

Side BD=60/2=30 inches and AB=60 inches

Using Pythagoras theorem,

$AD^{2} +BD^{2} =AC^{2}$

$(AD)^{2} +(30)^{2} =60^{2}$

$(AD)^{2} =60^{2}-(30)^{2}$

AD=51.96 inches

Thus, The height of the larger traffic signs is 51.96 inches

4 0

3 years ago

The graph below shows three different normal distributions. 3 normal distributions are shown. All 3 are at different points on t

Oduvanchick [21]

Answer:

D: Each distribution has a different mean and a different standard deviation.

Step-by-step explanation:

3 0

3 years ago

Read 2 more answers

Which equations and/or functions represent the graphed line? Select four options. f(x) = 0.2x - 4

Vanyuwa [196]

Answer:

f(x) = 0.2x - 4 (incorrect)

f(x) = 0.5x + 2 (correct)

f(x) = 1/2x + 2 (correct)

y – 3 = 1/2(x – 2) (correct)

y – 1 = 0.5(x + 2)

Step-by-step explanation:

Step 1 : Find two coordinates

(0, 2) (-4, 0)

Step 2 : Find the slope

Slope = m = Y2-Y1/X2-X1

m = 0-2/-4-0

m = -2/-4

m = 1/2 or 0.5

Step 3 : Find the y-intercept

Y-intercept is where the line intersects the y-axis

c = 2

Step 4 : Form the equation y=mx + c

Given Equations and their slope intercept forms:

1) f(x) = 0.2x - 4

This is incorrect because slope is 1/2 or 0.5 and y intercept is 2

2) f(x) = 1/2x + 2

y = 1/2x + 2

This is correct because slope is 1/2 or 0.5 and y intercept is 2

3) f(x) = 0.5x + 2

y= 0.5x + 2 (As m=0.5)

This is correct because slope is 1/2 or 0.5 and y intercept is 2

4) y – 3 = 1/2(x – 2)

Rearranging in slope intercept form:

y-3=1/2x - 1

y = 1/2x-1+3

y = 1/2x + 2

This is correct because slope is 1/2 or 0.5 and y intercept is 2

5) y – 1 = 0.5(x + 2)

y -1 = 0.5x+1

y = 0.5x +1+1

y = 0.5x + 2

This is correct because slope is 1/2 or 0.5 and y intercept is 2

6 0

3 years ago

Read 2 more answers

Karisha drew pentagon A on a coordinate grid. She then performed a rotation followed by a dilation with scale factor 5 to produc

alex41 [277]

Answer:

Step-by-step explanation:

Rotation is a transformation that turns a figure about a fixed point. An object and its rotation image are the same shape and size, but the figures may be turned in different directions. So, rotation gives us two congruent pentagons.

Dilation is a transformation that produces an image that is the same shape as the original (similar to original), but is a different size. So, dilation gives us two similar pentagons.

A sequence of rotation and dilation produces pentagon that is similar to the initial, but not congruent.

In attached diagram you can see the pictorial representation:

pentagon FGHIJ is the rotation image of pentagon ABCDE
pentagon KLMNO is dilation image of pentagon FGHIJ

5 0

3 years ago