3 years ago

Urgent Need Help! worth 100 points

Mathematics

1 answer:

Natali [406]3 years ago

4 0

the answer to your question is 4 times 6, 4 times 3 + 4 times 3

have a nice day

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ANSWER
14.2
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4 years ago

Grant's credit card has an apr of 11.28% and it just changed its compounding period from monthly to daily . What happen to the i

madreJ [45]

Answer:

C. It will increase by about 0.6%

Step-by-step explanation:

Since, the effective interest rate is,

$r=(1+\frac{i}{n} )^{n} -1$

Where, i is the stated interest rate,

n is the number of compounding periods,

Here, i = 11.28 % = 0.1128,

n = 365 ( 1 year = 365 days ),

Hence, the effective interest rate would be,

$r=(1+\frac{0.1128}{365})^{365} -1$

=0.119388521952

Now, the changes in effective interest rate = Effective interest rate - Stated interest rate

= 0.119388521952 - 0.1128

= 0.006588521952 ≈ 0.006 = 0.6 %

Hence, It will increased by about 0.6 %,

Option A is correct.

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3 years ago

dallas got a raise.His hourly wage was increased form $9 to $10.25? What was the percent increase in Dallas's wage to the neares

steposvetlana [31]

First: work out the difference (increase) between the two numbers you are comparing.

Increase = New Number - Original Number

Then: divide the increase by the original number and multiply the answer by 100.

% increase = Increase ÷ Original Number × 100.

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Hello here is a solution :

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