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Evgen [1.6K]
3 years ago
14

You charge 2500 to a credit card. Use the compound interest formula to find the new amount you owe on your credit card after 6 m

onths 20% APR compounded daily (assuming you don’t make any payments)

Mathematics
1 answer:
mrs_skeptik [129]3 years ago
4 0

Answer: Well This is what  24% APR on a credit card is?

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.

Step-by-step explanation:

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Aliun [14]

Answer:

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Step-by-step explanation:

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5 0
3 years ago
The path of a race will be drawn on a coordinate grid like the one shown below. The starting point of the race will be at (−5.3,
m_a_m_a [10]

The Cartesian coordinate plane, specify locations by a pair of coordinates that indicate the magnitude in perpendicular, x, and y directions

The correct responses are;

  • Part A: The starting point is in the second quadrant and the finishing point is in the fourth quadrant.
  • Part B: The starting point and the check point are on different quadrant. Both points are on the same horizontal line.

Reasons:

The location of the start point of the race = (-5.3, 1)

Location of the finishing point = (1, -5.3)

Part A: The signs of the <em>x</em> and <em>y</em>-values in the quadrants are;

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The coordinates of the starting point is (-5.3, 1), therefore, given that the x-

coordinate is negative and the y-coordinate is positive, the quadrant of the

starting point is quadrant II (the second quadrant).

  • <u>The quadrant of the starting point is the second quadrant</u>.

The coordinates of the finishing point is (1, -5.3), the x-value is positive and

the y-value is negative, which indicates that the quadrant of the finishing

point is quadrant IV (the fourth quadrant).

  • <u>The quadrant of the finishing point is the fourth quadrant</u>.

Part B: The location of the checkpoint is; (5.3, 1)

The difference is that the x-value of the checkpoint is positive while the x-value of the starting point is negative, and they are therefore on different quadrants.

The similarity is that, the magnitude of the <em>x</em>, and <em>y</em> values of the coordinates of the check point and the starting point are the same. Therefore, the checkpoint and the starting point are on <u>the same horizontal line</u>.

Learn more about the Cartesian coordinate plane here:

brainly.com/question/17877300

brainly.com/question/16177011

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Step-by-step explanation:

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