<span>Answer:
The credit card issuer will show APR which is 22.08% and not effective rate of interest.
This is because Effective rate, when calculated with the formula given below will come as 24.67% which is 2.59% more and hence will make customers feel that they are paying more.
r = [ { (1+ i / n) ^ (n) } - 1] * 100
Where i = APR/100
n = number of compounding periods which is 365 in this case as compounding is done daily.
[ { (1+ 0.2208 / 365) ^ (365) }- 1] * 100</span>
Answer:
simplest form is 7/8
Step-by-step explanation:
Answer: 173.26 ft = 173 ft
Step-by-step explanation:
h tree: 76 ft
h man: 6 ft
As we can see on the sketch, they form a right triangle, so:
tan 22 = 76/y ⇒ 0.404 = 76/y ⇒ y = 76*0.404 ⇒ y = 188.11 ft
tan 22 = 6/x ⇒ 0.404 = 6/x ⇒ x = 6*0.404 ⇒ x = 14.85 ft
distance between the man and the tree = y - x = 188.11 - 14.85 = 173.26 ft
Answer:
- Calculus texts: 600
- History texts: 0
- Marketing texts: 0
Step-by-step explanation:
Each Calculus text returns $10/2 = $5 per unit of shelf space. For History and Marketing texts, the respective numbers are $4/1 = $4 per unit, and $8/4 = $2 per unit. Using 1200 units of shelf space for 600 Calculus texts returns ...
$5/unit × 1200 units = $6000 . . . profit
Any other use of units of shelf space will reduce profit.
