<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>
3(5b-1)=5
Get rid of the brackets
15b-3=5
add 3 to both sides of the equation
15b=8
divide both sides of the equation by 15
b=0.53
4(3y-1)=20
12y-4=20
12y=24
y=0.5
Answer: 3/1000 as a decimal is 0.003.
Explanation;
3/10 = 0.3
0.3/10 = 0.03
0.03/10 = 0.003
Answer:
Y = 6
X = 10
Step-by-step explanation:
7 yd > 1 ft, 25 ft > 38 in. idk about that 3 ft there
