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OlgaM077 [116]
3 years ago
15

A credit card issuer offers an APR. of 22.08% and compounds interest daily. Which is it most likely to advertise, its APR or it’

s effective Interest rate?
Mathematics
2 answers:
Alex3 years ago
8 0
<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>
Leto [7]3 years ago
5 0

Answer:

It's APR, because it's 2.62% less than its effective interest rate.



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3⁷

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(10 points) How many proportional relationships are shown in the coordinate plane
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3 years ago
(01.02 mc)matt is showing his work in simplifying (6.2 − 1.6) − 4.4 7.8. identify any error in his work or reasoning. step 1: (6
meriva

The correct option is (d)

He wrote commutative instead of associative in step 2.

<h3>What is the commutative property?</h3>

According to the commutative property, a mathematical principle, the product of a multiplication does not depend on the order in which the numbers are multiplied.

Commutative property:  a+b = b+a

Associative property: (a+b) + = a+(b+c)

Now consider the provided expression.

(6.2 − 1.6) − 4.4 + 7.8

Step 1:

(6.2 − 1.6) − 4.4 + 7.8

Step 2 Use Associative property

6.2 + (−1.6 − 4.4) + 7.8

Step 3: Simplify

6.2 − 6 + 7.8

Step 4: Use commutative property

14 − 6

Step 5: Simplify

14 − 6 = 8

Hence, the wrong step is step 2.

He wrote commutative instead of associative in Step 2.

To know more about  the commutative property visit:

brainly.com/question/2673312

#SPJ4

I understand that the question you are looking for is:

Matt is showing his work in simplifying (6.2 − 1.6) − 4.4 + 7.8. Identify any error in his work or reasoning. Step 1: (6.2 − 1.6) − 4.4 + 7.8 Step 2: 6.2 + (− 1.6 − 4.4) + 7.8 (commutative property) Step 3: 6.2 − 6 + 7.8 Step 4: −14 − 6 = 8 (commutative property) Step 5: 14 − 6 = 8

(a)-He wrote commutative instead of distributive in Step 4.

(b)-He wrote commutative instead of distributive in Step 2.

(c)-He wrote commutative instead of associative in Step 4.

(d)-He wrote commutative instead of associative in Step 2.

3 0
2 years ago
Ricardo los 6 golf balls while playing yesterday. he bought a box of 12 golf balls, then lost 4 on the course today. he now has
Mashcka [7]
So for this, you have to work backwards
And you need to reverse all the symbols(?)  etc - becomes + and / becomes x

18+4-12+6=

18+4=22
22-12=10
10+6=16


16 is the answer


6 0
3 years ago
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