A credit card company advertises an APR of 14.7 compounded daily. What is the effective interest rate.Round your answer to two d
1 answer:
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Answer:
Step-by-step explanation:
To find the slope of the line, you have to use a slope formula.
<u>Slope formula:</u>
⇒ y2=(-15)
⇒ y1=1
⇒ x2=1
⇒ x1=(-1)
<u>Rewrite the whole problem down.</u>
- <u>So, the slope is -8, which is our answer.</u>
I hope this helps you! Let me know if my answer is wrong or not.