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Damm [24]
3 years ago
7

What is the daily periodic rate for a credit card with an APR of 14.99%? Leave your answer as a percent rounded to 4 decimal pla

ces.
Mathematics
1 answer:
Cerrena [4.2K]3 years ago
8 0

Answer:

the daily periodic rate is 0.0411%

Step-by-step explanation:

Given that

The Annual percentage rate is 14.99%

We need to find out the daily periodic rate for the credit card

As we know that

Daily periodic rate = annual percentage rate ÷ 365 days

= 14.99%  ÷ 365  days

= 0.0411%

Hence, the daily periodic rate is 0.0411%

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The tread on a given tire wears at a consistent rate based on the number of rotations the tire makes.
aksik [14]
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4 0
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I’m confused on this question, please help me. (Ignore the black coloring, sorry.)
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To answer this question you will find out the total number of cupcakes donated and then calculate the amount of each flavor based on the percentage that is stated.

Here are the steps:

1. 12 x 10 x 12 (12 classes each donating 10 dozen) = 1440

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3 0
3 years ago
Every Month the average number of books borrowed by a class of 24 from a library is 4.What is the total number of books borowed
jekas [21]

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3 years ago
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Read 2 more answers
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