<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:
-11/6
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
Step-by-step explanation:
<u>Step 1: Define</u>
<em>Identify</em>
<em>x</em> = 30
<em>y</em> = 19
(y - x)/6
<u>Step 2: Evaluate</u>
- Substitute in variables: (19 - 30)/6
- (Parenthesis) Subtract: -11/6
Answer: 33% is moisture content
Step-by-step explanation:
120kg - 80kg = 40kg
40 of 120 is %
Work:
40/120 = 0.33
0.33x100
= 33%