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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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Directions: Using the digits 1 to 9, at most one time each, fill in the boxes to find the largest or smallest possible values fo
12345 [234]

9514 1404 393

Answer:

  smallest: 8x -3 = 4; 1y +9 = 2. total = -49/8

  largest: 1x -9 = 8; 2y +3 = 7. total = 19

Step-by-step explanation:

If we use variables to represent the box contents, we can write ...

  • ax -b = c
  • dy +e = f

Then the values of x and y are ...

  x = (c +b)/a

  y = (f -e)/d

For positive integer values of the variables, x will always be positive, and y may or may not be negative.

<h3>Smallest sum</h3>

For the sum to be the smallest, we must have x be as small as possible and the ratio (f-e)/d be as negative as possible.

x will be small for large 'a' and for (c+b) small. For y to be as negative as possible, we want 'd' and 'f' small and 'e' large. Best results are obtained for

  • 8x -3 = 4   ⇒   x = 7/8
  • 1y +9 = 2   ⇒   y = -7

For these coefficients, the sum is -6 1/8 = -49/8.

(note that the values of 'b' and 'c' can be swapped with no net effect)

<h3>Largest sum</h3>

For the sum to be the largest, we must have x as large as possible: (b+c) large and 'a' small. At the same time we must have y be positive and as large as possible: (f-e) positive and large, 'd' small. Best results are obtained for

  • 1x -9 = 8  ⇒   x = 17
  • 2y +3 = 7   ⇒   y = 2

For these coefficients, the sum is 19. Again, 'b' and 'c' can be swapped with no effect.

_____

<em>Additional comment</em>

These extreme values are verified by examination of the 60,480 possible permutations of the coefficients.

8 0
3 years ago
Read 2 more answers
Estimate how much 10.25 and 30.5
Elza [17]
I don't really get what you are asking for. Can you clarify it?
5 0
3 years ago
Read 2 more answers
Rosa earns $120 per week tutoring math. Each week, she puts $36 from her paycheck in her bank account to save for college. Rosa
natita [175]

Answer:

36/120 x 100

= 30%

..............

3 0
2 years ago
4 week it drop 3 feet what is the unit rate
grin007 [14]
<span>In 4 weeks, it dropped 3 feet in total.
The unit rate of this is 3 feet / 4 weeks
If we simplify this into days, this will be the solutions
=> 4 weeks has (4 * 7) 28 days in total, so we need to divide 3 feet by 28 days to get the simplified unit rate.
=> 3 feet / 28 days
=> .107 feet / day.
So the water drops .107 feet per day and in 4 weeks the total of 3 feet.</span>



3 0
3 years ago
Given the two expressions shown below:
kobusy [5.1K]
<h2>Answer: A. Both are rational.</h2>

Step-by-step explanation:

Although both expressions have square roots, the result of each square root is an integer, which can be expressed as a fraction.

In this sense:

Rational numbers are all numbers that can be represented as the quotient (division) of two integer numbers. This means they can be represented as a fraction in which the denominator is nonzero.

If we solve both expressions, we will be able to see that the result is an integer that can be expressed as a fraction with two integers:

\sqrt{4} + \sqrt{25}=2 + 5= 7 The result is an integer

7=\frac{7}{1}

\sqrt{4} + \sqrt{9}= 2 + 3=5 The result is an integer

5=\frac{5}{1}

7 0
3 years ago
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