2 years ago

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Mathematics

1 answer:

topjm [15]2 years ago

5 0

I believe the answer is 28.27, or 28.3

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Vanyuwa [196]

I think the answer is the third one

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2 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

I NEED HELP PLEASEEE I WILL MARK YOU BRAINLIEST

Gemiola [76]

Yess what do you need help with

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2 years ago

CP is equal to 200 SP is equal to 100 find the profit or loss

ioda

Answer:

100

Step-by-step explanation:

if SP>CP,

It is profit [SP - CP = Profit]

if CP>SP,

It is loss [CP - SP = Loss]

Here in the question CP>SP so,

loss = CP - SP

=200 - 100

= 100

5 0

2 years ago

An 'A' is considered 4.0, a 'B' is 3.0, a 'C' is 2.0, a 'D' is 1.0, and an 'F' is 0. If you received the following grades in you

Goryan [66]

Answer:

2.2gpa

Step-by-step explanation:

you add the value if the letter grades up and divide by how many classes you have. for this case you have 5 and you would add 4+3+2+1+0=10/5=2.2

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3 years ago