3 years ago

Which one is it, Please help

Mathematics

1 answer:

Andreas93 [3]3 years ago

7 0

C. slope is something boring we have been forced to study this year

is the answer to the question

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I AM GROOT I AM GROOT

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3 years ago

Isabella is playing a board game. The probability that Isabella will lose a turn on her next turn is 11%. Which word or phrase d

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unlikely

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3 years ago

What’s the answer(s) ?

yulyashka [42]

Im sorry im trying to get some points ): i hope u find ur answer!

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3 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.

Hope this helps :)

7 0

3 years ago