Solution:- For credit card, there is interest rate for borrowing money from the bank.
and that interest rate is termed as yearly rate which is known as annual percentage rate (APR).
Now for the given question APR of a credit card i= 11.91%
and compounded interest daily so, n=365 days
Now for effective interest rate
=12.38%
So, the effective interest for last interest is 12.38%
Answer:
From left to right
20, 40, 0.2, 0.6
Step-by-step explanation:
y/x = k
1st chart
20/1 = 20
2nd chart
80/2 = 40
3rd chart
0.4/2 = 0.2
4th chart
4.5/7.5 = 0.6
Answer:
x=-7
Step-by-step explanation:
7x2-x=7
7x2=14.
14-x=7
When you finished the last step, you will subtract 14 to both sides.
14-x=7
14-14-x=7-14
this will cancel out the 14 on the left.
And will leave you with:
-x=7-14
7-14 is -7.
and this will get you to
-x=-7
To finish this off, you have to turn the negative x/variable, into a positive x/variable.
So, you will divide both sides of the equation by the same term.
-x = -7
into
and it will be -7.
I hope this helps :)
To find the area of a rectangle, you times the length and width together.
So in this case,
5/8 x 2/3 = 10/24.
This can be simplified to 5/12