If x=14 and y=7 what does k=

A credit card company advertises an APR of 15.3%, compounded daily. What

nikdorinn [45]

Answer:

16.52%

Step-by-step explanation:

The effective interest rate is the real interest rate you have to pay on a loan when the compounding effect is considered. The formula to calculate it is:

Effective annual interest rate= (1+ $\frac{i}{n}$ )^n-1

i= interest rate: 15.3%

n= number of compounding periods: 365 as it is compounded daily and a year has 365 days.

Effective annual interest rate= (1+(0.153/365))^365-1

Effective annual interest rate= 0.1652→16.52%

According to this, the effective interest rate is 16.52%.

7 0

3 years ago

PLS DO BOTH PROBELMS

bezimeni [28]

1.) 510 miles

Take the values you have been given which is 153 miles and 3 gallons of gas

Now divide 153 by 3 to find put the Miles per gallon (MPG)

153/3=51

now take 51 and multiply it by 10

51x10=510

2.) $16 per yard of plywood

Let's take the values we have been given

3/4 of a yard of plywood and $12 for it

Now let's divide it

12/ 3/4=$16

7 0

3 years ago

At a unit price of $900, the quantity demanded of a certain commodity is 75 pounds. If the unit price increases to $956, the qua

Nady [450]

Answer:

1) The demand equation is $x=-0.25p+300$

2) The price when no consumers willing to buy this commodity is $1200.

3) The quantity of the commodity would consumers take if it was free is 300 pounds.

Step-by-step explanation:

Given : At a unit price of $900, the quantity demanded of a certain commodity is 75 pounds. If the unit price increases to $956, the quantity demanded decreases by 14 pounds.

To find :

1) The demand equation ?

2) At what price are no consumers willing to buy this commodity?

3) According to the above model, how many pounds of this commodity would consumers take if it was free?

Solution :

1) According to question,

p is the unit price and x is the quantity demanded for this commodity in pounds.

Let, $p_1=\$900$ and $x_1=75\text{ pounds}$