<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:
the distance is 16
Step-by-step explanation:
Hi there!
We are given point A (-4,-13) and point B (-4,3). We need to find the distance between those two points
the distance formula is given as
where (
,
) and (
,
) are points
we are given 2 points, which is what we need for the formula. However, let's label the values of the points to avoid any confusion
=-4
=-13
=-4
=3
now substitute those values into the formula. Remember: the formula uses SUBTRACTION.

simplify

now add the values inside the parenthesis that are under the radical

raise everything under the radical to the second power

add under the radical

now take the square root of 256
=16
so the distance between point A and point B is <u>16</u>
Hope this helps! :)
0.004 is 0.4% in decimal form
320 because you added the two numbers to get the total.
Answer:
i need help
Step-by-step explanation: