<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:
2760
Step-by-step explanation:
I really don't know I just did 32x120
Answer:
yes
Step-by-step explanation:
4:8 and 3:6 when simplified gives the same result which is 1:2
Line 3 is where the error begins. 12^2 is not equal to 24, it is equal to 144. Same for 18^2.
Answer:
468 = hypotenuse^2
Hypotenuse= square root of 468
