Hannah has an offer from a credit card issuer for 0% APR for the first 30 days
and 12.22% APR afterwards, compounded daily. What effective interest rate
is Hannah being offered?
A. 11.87%
B. 13.00%
C. 12.93%
D. 12.22%

Answers

Answer 1

i believe the answer is A.11.87% because interest rates tend to be lower than APR

Answer 2

If the first 30 days and 12.22% APR afterwards, compounded daily. The effective interest rate is: A. 11.87%

Effective interest rate

After 1 year the daily percentage rate is compounded for:

(365 days - 30 dyas) = 335 days

Hence:

Effective interest rate=(1+0.1222/365)^335-1

Effective interest rate=(1+0.1222/365)^335-1

Effective interest rate=(1+0.00033479)^335-1

Effective interest rate=(1.00033479)^335-1

Effective interest rate=(1.11866-1)

Effective interest rate=0.11866×100

Effective interest rate=11.87% (Approximately)

Therefore the effective interest rate is: A. 11.87%.

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Related Questions

5/8 times by 1/12
What is the answer in its simplest form?

Answers

Answer: 5/96

Step-by-step explanation:

Write the equation of the line in fully simplified slope/intercept form

Answers

Answer:

y = m x + b      standard form for straight line

m = (y2 - y1) / (x2 - x1)

When y2 = 12,  x = -6

when y = 0, x = -2

m = (12 - 0) / (-6 - (-2)) = -3

so y = -3 x + b

Also, when x = 0, y = -6

Our equation is

y = -3 x - 6

As a check try x = -2

y = (-3 * -2) +  (-6) = 0     as the graph shows

Help me please!!! It’s due at 11:59

Answers

Answer:

18

Step-by-step explanation:

Let the required number be x.

Step 1

write the expression for the difference of the number and 4.

=> x - 4

Step 2

the question equates 5 times the difference with some other terms, so find the equation for 5 times the difference.

=> 5( x - 4)

Step 3

The equation in Step 2 is said to be equal to "two less than four times the number".

Find the expression for four times the number

=> 4x

Step 4

Find the expression for two less than 4x.

=> 4x - 2

Step 5

Equate the terms that it says are equal:

=> 5(x - 4) = 4x - 2

distributing 5 within the parenthesis:

=> 5x - 20 = 4x - 2

taking like terms on one side:

=> 5x - 4x = 20 - 2

(the sign carried by the terms get inverted while changing their sides)

=> x = 18

and x was the required number, so the answer Is 18.

solve this equation -3x-13=-103

Answers

X=-30
Hope it helps you

Answer:

[tex] - 3x - 13 = - 103 \: \: \: \times ( - 1) \\ 3x + 13 = 103 \\ 3x = 103 - 13 \\ 3x = 90 \\ x = \frac{90}{3} \\ x = 30[/tex]

what is the answer to 95x-45+-8x[67=

Answers

Answer:

Combine Like Terms:

=95x+−45+−536x

=(95x+−536x)+(−45)

=−441x+−45

Step-by-step explanation:

Sovle for x : -2×+5<7

Answers

Answer:

x>−1

Step-by-step explanation:

convert the unit
1.5kg to g​

Answers

Answer:

The answer should be 1500g I think.

if a= 2, b= -3 and c= 4 evaluate ab-bc ​

Answers

Answer:

ab - bc = 6

Step-by-step explanation:

COMPUTATION:

ab - bc = ?

(2 x -3) - (-3 x 4) = ?

(-6) - (-3 x 4) = ?

(-6) - (-12) = ?

-6 + 12 = 6

Hope this helps!

s = bc -5, for b whats the answer?

Answers

s=bc-5

Flip the equation
bc-5=s

Add 5 to both sides
bc=s+5

Divide both sides by c
b=(s+5)/c

Bia tem 1230 reais, ganhou mais 500 reais, com quantos reais ela ficou?​

Answers

Answer:

Bia ficará com 1730 reais.

Step-by-step explanation:

1230+700=1730

which inequality represents the solutions to the inequality −5r+18≤2−3r?

Answers

Answer:

2 step equation problems.

Step-by-step explanation:

So you need to replace -3 into that to add -18 on both sides and that gives you the negative number is -20 and then you add the -5r+-3r less than or equal to -20. Now, negative -5 +3 = -8 + -20 = -28. r=-28.

In the expression x is a real number, and a andare integers.
Use the properties of integer exponents to rewrite
BIU.
as an exponential expression with a single base and exponent

Answers

Answer:

a-n=1

Step-by-step explanation:

Graph 1.7 on a number line

Answers

Answer:

Step-by-step explanation:

1.7 lies between 1 and 2.

can someone please help me

Answers

Answer:

3

Step-by-step explan4ation:

Always include the steps and/or background required to get to the final answer. Let’s help other people understand and solve future problems on their own.

help me smart math people

Answers

Answer:

48 because i720 divided into 15 groups calculate to 48

b + 2 = -18 find what the letter b means

Answers

Answer:

b = -20

Step-by-step explanation:

b + 2 = -18

b = -20

Answer:

b= -20

Step-by-step explanation:

the first step is to subtract 2 from both sides of the equation.

b + 2 = -18

   -2      -2

-------------------

the -2 and +2 cancel

b = -20

hope this helps! :D

This is a sample question for brainliest! Brainliest will be given to the user who accurately answers the question with the most detail in a step-by-step explanation. NO guesswork, plagiarism, or links!!!


Simplify the following algebraic expression:


[tex](6 x^{4} ) (4 y^{2} ) / [ (3x^{2} ) (16y)][/tex]

Answers

Well, we're just simplifying the fraction.

(2x^2)(y/4).

(2yx^2)/4.

When powers of the same base are being divided, subtract. The numbers are just plain fractions. 6/3 = 2 and 4/16 = 1/4. x^4/x^2 = x^2 and y^2/y = y.

Edit:

2/4 is 1/2.

(yx^2)/2.

Solve the systems of equation by graphing

Answers

#a

Refer to attachment 1

#b

Refer to attachment 2

Evaluate f(0) given the following graph

Answers

Answer: 1

Step-by-step explanation:

the equation of the graph will be y = f(x).

f(0) means the the value of y when x = 0, which is 1

or you can view it as where does the graph cuts the y-axis (x=0).

8n - 7 = -5(-3n - 7)
Solve Multi-Step equation.
Please explain how you i can understand too!

Answers

Answer:

n=-6

Step-by-step explanation:

8n-7=-5(-3n-7)

Multiply -5 to -3n and -7

8n-7= 15n+35

Bring 8n to the other side by subracting it from 15n

-7=7n+35

Subtract 35 from both sides

-42=7n

Divide both sides by 7

n=-6

How many lines of symmetry does the shape have? Enter the answer in the box.

Answers

One line of symmetry

the circumcenter of a triangle is equidistant from the

Answers

Answer:

The circumcenter of a triangle is a point that is equidistant from all three vertices. The circumscribed circle is a circle whose center is the circumcenter and whose circumference passes through all three vertices.

Step-by-step explanation:

We can conclude that the circumcenter of a triangle is equidistant from the three vertices of the triangle.

What is the Circumcenter of a Triangle?

The circumcenter of a triangle can be said to be a point where all three perpendicular bisectors of the sides of the triangle intersect. At this point, all three vertices of the triangle are equidistant.

This means that, each vertices are far from the circumcenter at equal distance.

Therefore, we can conclude that the circumcenter of a triangle is equidistant from the three vertices of the triangle.

Learn more about the circumcenter on:

https://brainly.com/question/21299234

Solve for x plzzzzzzzz

Answers

Answer:

x=5

Step-by-step explanation:

Since the two angle are corresponding, they have equal measure

therefore, 22x=110

now that we have produced an equation, solve for the value of x

22x/22 = 110/22

x=5

hope this helps :)

Answer:

22x=110° (corr angles)

x=110÷22

=5

can anyone help me with this problem with a full explanation?? thank you ​

Answers

Answer:

15, 16, 17

Step-by-step explanation:

let the consecutive numbers be n , n + 1 , n+ 2 , then

n + n + 2 = 32 ( sum of first and third )

2n + 2 = 32 ( subtract 2 from both sides )

2n = 30 ( divide both sides by 2 )

n = 15

n + 1 = 15 + 1 = 16

n + 2 = 15 + 2 = 17

The 3 numbers are 15, 16, 17

Step-by-step explanation:

let the 1st and 2nd consecutive number be

x , x + 1 , x + 2

their sum = 32

so, x + x + 2 = 32

2x + 2 = 32

2x = 32 - 2 = 30

x = 30/2 = 15

so,

1st and 3rd consecutive number is

x = 15

x + 2 = 15 + 2 = 17

as they are consecutive number so 2nd number is 16

and a/q sum of 1st and 3rd number is 32

15 + 17 = 32

hope this answer helps you dear...take care and may u have a great day ahead!

Select the correct answer.
Consider these functions:
f(x) = x + 1
g(x)= 2/x
Which polynomial is equivalent to (fºg)(x)?

Answers

Answer:

C. 2/x +1

Step-by-step explanation:

What does m represent in the equation y= mx+b? Iready

Answers

Answer:

"m" represents the slope in the linear equation, y = mx + b

Answer:

The slope of the graph of y = mx + b

Step-by-step explanation:

Use the distributive property to simplify the expression -8(5 + 9). Show your work.

Answers

Multiply -8 by 5 then -8 by 9
-8(5+9)
-40-72=112

Answer:

-112

Step-by-step explanation:

3х - у = 13
у = 2х - 7

Answers

Answer:

y=3x-13

Step-by-step explanation:

where do u get the 2?

Answer:

x=6 y=5

Step-by-step explanation:

use substitution because they y variable is already in the correct form for substitution

if 1 ounce is approximately epual o 28.35g 5 ounces about how many grams

Answers

Answer:

141.75g

Step-by-step explanation:

28.35 x 5 = 141.75

I am pretty sure this is the right answer!

4.
Solve the following equation for x. Represent
your answer in two forms, (1) with radicals and
(2) with rational exponents: x^4 = y^7

Answers

Answer:

7

Step-by-step explanation:

7 =2 hx x e

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