<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:
79-22=8h
Step-by-step explanation:
She can earn the rest by babysitting for only 8 hours,
so take 22 from 79, divide the total by 8 and that is how much she gets per hour (8h)
Answer:
Step-by-step explanation:
perp: 1/4
y - 4 = 1/4(x + 12)
y - 4 = 1/4x + 3
y = 1/4x + 7
answer is C
Answer:
x = 2
Step-by-step explanation:
-5x + 8 = -2
-5x + 8 - 8 = -2 -8
-5x = -10
-5x/5 = -10/5
-x = -2
x=2
Step-by-step explanation:
this is too
I need to use paper please