A credit card company advertises an APR of 17.2%, compounded daily. What is the effective interest rate

Answers

Answer 1

Answer:

18.76%

Step-by-step explanation:

effective interest rate = ( 1 + periodic interest rate)^m - 1

m = number of compounding = 365

Periodic interest rate = APR / number of compounding = 17.2 / 365 = 0.0471% = 0.000471

(1 + 0.000471) ^365 - 1 = 18.76%


Related Questions

If Sally purchases a car for $22,000 with a 5 year loan having a 2.5% interest rate, how much simple
interest will she have to pay on the loan?

A.$2,750.00
B.$19,250.00
C.$24,750.00
D.$275,000.00

Answers

It is out of A or D but I want to go with A

Please help me the question is in the picture and the answers are one of the below

Answers

40%
explanation: 40% of 75 is 30 and the difference between the two prices is $30
hope that helps!!

If a 50 kg car accelerates at a speed of 10 miles per second squared, what will the force of the car be? (Remember: Force = mass x acceleration) *

Answers

Answer:

500N

Step-by-step explanation:

Given data

Mass m= 50kg

Acceleration a= 10m/s^2

We know that the expression for the force is

F=ma

Substitute

F= 50*10

F= 500N

Hence the applied force is 500N

how do you find the value of x

Answers

Answer:

To find the value of x, bring the variable to the left side and bring all the remaining values to the right side. Simplify the values to find the result.

Step-by-step explanation:

isnt the x a 90 degree angle?

45+45+x =180
(Because all triangles have a sum of 180)
90+x=180
Subtract 90 from both sides
X=90

CHECK
45+45+90= 180

WHAT SHAPE IS THIS Pls send help pls

Answers

Answer: pentagonal pyramid

Step-by-step explanation:

It’s a pentagon

Answer:

the answer is A the pentagonal pyramid

Step-by-step explanation:

NO LINKS. NO FILES. I will report you if you answer with either of these. The question is attached below:

Answers

Answer:

the answer for this question is C

Step-by-step explanation:

base radius = 0.8

Height = 3.5

Volume of a cone =

[tex] \frac{1}{3} \pi {r}^{2} h[/tex]

V=1/3 x 3.14 x 0.8^2 x 3.5

V=2.3445 in^3

V= 2.34 in^3

A gallon of milk costs $3 nowIf the price is increasing 10% per year, how long before a gallon of milk costs $10 a gallon? Round your answer to the nearest thousandth, and you do not need to include units

Answers

Answer:

The answer is 33 years.

Step-by-step explanation:

10% of 3 is .3

Just move the decimal to the left.

.3 times 33=9.9

9.9~10

the table shows the costs of different size jars of peanut butter. Which of the jars have the lowest unit rate?

Answers

Answer:

Step-by-step explanation:

Option C) 25-oz jar has the lowest unit rate

What is the unit rate?

Unit rate is the ratio of two different units, with the denominator as 1. For example, kilometer/hour, meter/sec, miles/hour, salary/month, etc

Given here the cost of a 12 oz jar is $3

so the unit rate of a 12 oz jar is = 12/3

                                                 = 4

similarly, the unit rates of all the jars from the given table are

 18 oz jar = 18/4.40

                = $4.09

25 oz-jar = 25/6.75

               = $3.703

32 oz jar = 32/8.25

               = $3.87

Hence the jar with the lowest unit rate is the 25 oz jar

Learn more about the unit rate here:

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Need help with this question asap please please

Answers

Answer:

M< D = 105⁰

Step-by-step explanation:

the sum of the opposite angles of a cyclic quadrilateral is 180⁰

hence, <ADC + <ABC = 180⁰

<ADC + 75⁰ = 180⁰

<ADC = 180⁰ - 75⁰

< ADC= 105⁰

If all the angles are equivalent (the same), the angles must each be 60 degrees because 60 times 3 angles equals 180.

A. True
B. False

Answers

Answer: A

Step-by-step explanation: true true true

One airplane is approaching an airport from the north at 164 km/hr. A second airplane approaches from the east at 271 km/hr. Find the rate at which the distance between the planes changes when the southbound plane is 28 km away from the airport and the westbound plane is 17 km from the airport.

Answers

Answer:

The rate of change of the distance between the airplanes is approximately 316.760 kilometers.

Step-by-step explanation:

The distance between both airplanes (r), in kilometers, can be determined by the Pythagorean Theorem, that is:

[tex]r^{2} = x^{2}+y^{2}[/tex] (1)

Where:

[tex]x[/tex] - Distance of the westbound airplane from airport, in kilometers.

[tex]y[/tex] - Distance of the southbound airplane from airport, in kilometers.

By Differential Calculus, we derive an expression for the rate of change of the distance between the airplanes ([tex]\dot r[/tex]), in kilometers per hour:

[tex]2\cdot r\cdot \dot r = 2\cdot x \cdot \dot x + 2\cdot y \cdot \dot y[/tex]

[tex]\dot r = \frac{x\cdot \dot x + y\cdot \dot y}{\sqrt{x^{2}+y^{2}}}[/tex] (2)

Where:

[tex]\dot x[/tex] - Rate of change of the distance of the westbound airplane, in kilometers per hour.

[tex]\dot y[/tex] - Rate of change of the distance of the southbound airplane, in kilometers per hour.

If we know that [tex]x = 17\,km[/tex], [tex]y = 28\,km[/tex], [tex]\dot x = -164\,\frac{km}{h}[/tex] and [tex]\dot y = -271\,\frac{km}{h}[/tex], then the rate of change of the distance between the airplanes is:

[tex]\dot r = \frac{x\cdot \dot x + y\cdot \dot y}{\sqrt{x^{2}+y^{2}}}[/tex]

[tex]\dot r \approx -316.760\,km[/tex]

The rate of change of the distance between the airplanes is approximately 316.760 kilometers.

An angle measures 36.6° less than the measure of its complementary angle. What is themeasure of each angle?

Answers

Answer:

53.4° and 36.6°

Step-by-step explanation:

90.0 - 36.6 = 53.4

what does x - (-3) = 17 equal?

Answers

Answer:

x = 14

Step-by-step explanation:

two negatives become a positive so the equation is now

x + 3 = 17

subtract 3 from both sides, giving you 14

Five quarts of a latex enamel paint will cover about 200 square feet of wall surface. How many quarts are needed to cover 215 square feet of kitchen wall and 65 square feet of bathroom wall?

Answers

Answer:

5.375 quarts

1.625

Step-by-step explanation:

determine amount of quarts of latex per square feet = 5/200 = 0.025

quart for 215 = 0.025 x 215 = 5.375 quarts

quart for 65 = 65 x 0.025= 1.625

Why is the median better to represent the data of a stem and leaf plot? I NEED THE ANSWER NOW PLSSSS

Answers

Answer:

The median value is better because it is not affected by the skewness of the data

Step-by-step explanation:

The median is  better in representing the data of a stem and leaf plot because the median value is not affected so much by outliers and skewness of the data. for example:  for a downward skewed stem and leaf plot the value of the median is greater than the mean value

Hence the median value is a better representation of the central tendency

Suppose that the delivery times of a nationwide pizza chain are normally distributed with an unknown mean and standard deviation. The delivery times of 26 randomly sampled pizza orders are used to estimate the mean delivery time for the population. What t-score should be used to find the 95% confidence interval for the population mean?

Answers

Answer:

The t-score to be used to find the 95% confidence interval for the population mean is;

[tex]t_{(0.025, \, 25)} = 2.06[/tex]

Step-by-step explanation:

The t-score which is representative of a point with n - k (n, and k represents the sample size and the number of groups in the test respectively) degrees of freedom  from the Student's T-distribution is a standard test statistic obtained by applying a T-test

Therefore, the t-score used for a confidence interval is obtained by by making use of the the following information;

The number of degrees of freedom = n - k

The confidence level in the confidence interval

The parameters given in the question are;

The number of pizza orders in the sample, n = The sample size = 26

The number of samples used in the estimate, k = 1 group of 26 randomly sampled pizza

The level of confidence (the probability) that the interval contains the population mean = 95%

Therefore, the significance level, α = 1 - 95% = 1 - 95/100 = 0.05

∴ The α-level for the upper and lower limit of the interval are α/2 = 0.05/2 = 0.025 long

The degrees of freedom, df = n - k

∴ For the estimation, DF = 26 - 1 = 25

The t-statistic is therefore the t-value at the intersection of the row for DF = 25 and the 0.025 (one-tail) column (0.025 two-tail column) which gives;

[tex]t_{(\alpha /2, \, DF)} = t_{(0.025, \, 25)} = 2.06[/tex]

HELP CAN SOMEONE HELP ME MATH I'LL GIVE BRAINLIEST

Answers

Answer:

Student C wrote the correct inequality

the inequality will be less than or equal to since we want to spend (exactly) 300 or less. We only buy one jacket for 60 dollars so it will be added seperately to the total number of jackets. We are buying multiple jackets and each jacket costs $40. P = # of pants. So the inequality will look like

60 + 40P (less than or equal to symbol) 300

Hope I'm not too late :)

Please help, I've been stuck on this question for an hour!

Answers

Answer:

18 inches

Step-by-step explanation:

A student number system for a county requires that the student number be 5
characters. The first character is a consonant, the second through the fourth characters can be any digit but no digit can repeat and the last character must be a
letter. How many unique student numbers are possible?

546,000 student numbers
393,120 student numbers
302,400 student numbers
468,000 student numbers

Answers

Answer:

B

Step-by-step explanation:

First Character: 21 consonant

2nd 3rd and 4th: 10* 9* 8 = 720

Last Character: 26

Total Ways 21 * 720 * 26 = 393120

Please help me please help me please please someone can please help me this is way too hard please please please please please please please someone please help me

Answers

Answer:1  0.05806644 2 64.3818067 m2 3 10.8696557 m2 4  80.2682266 m2 0.13935456 m2 and 15.7935168 m2

Step-by-step explanation:

Please let me know the answer to this

Answers

I think it’s number 2 sorry if it’s wrong!!

please answer this question for me

Answers

Answer:

200

Step-by-step explanation:

2*5=10

4*5=20

20*10=200

What is the lateral area of the can below that has a diameter of 8 and a height that is three times the radius? Round to the nearest tenth. [Hint: Find the radius first]

Answers

Answer:

402.1

hope it helps

please mark Brainliest

hhheeelllpppp pplllssss

Answers

Answer:

i think its a

Step-by-step explanation:

Answer:

B 7.2

Step-by-step explanation:

the coordinate of C: (1, 3)

the coordinate of E: (5, -3)

the distance formula: [tex]\sqrt{(x2 - x1)^{2} + (y2 - y1)^{2} }[/tex]

= [tex]\sqrt{(5-1)^{2} + (-3-3)^{2}}[/tex]

= [tex]\sqrt{16+36}[/tex]

= [tex]\sqrt{52}[/tex]

≈ 7.2

Which shape has no parallel sides? (2 points)

Group of answer choices

a quadrilateral with one small square in each of the four corners, and arrows going in the same direction for each of the opposite sides

a quadrilateral with one small square in each of the four corners, and single arrows going in the same direction for one pair of the opposite sides and double arrows for the other pair of opposite sides

a quadrilateral with sides of different lengths

a quadrilateral with single arrows going in the same direction for one pair of the opposite sides and double arrows for the other pair of opposite sides

Answers

Answer: a quadrilateral with sides of different lengths.

Parallel sides are marked by arrows (single or double) btw

Option (C) is the correct option.

What is quadrilateral?

"In geometry, a quadrilateral is a four-sided polygon, having four edges (sides) and four corners (vertices). If the sides are represented by arrows, then the side is parallel to each other. A quadrilateral with sides of different lengths, may not have the sides parallel to each other".

For the given situation,

From the definition, a quadrilateral with sides of different lengths has no parallel sides.

Hence, option (C) is the correct option.

Learn more about quadrilaterals here

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HELPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP

Answers

Given:

In triangle [tex]EFG, m\angle E = 5x, m\angle F=6x[/tex] and extirior angle G  is 110 degrees.

To find:

The measure of angle FEG.

Solution:

Exterior angle theorem, the sum of two interior angles of a triangle is equal to the opposite extirior angle.

Using extrior angle theorem in triangle EFG, we get

[tex]m\angle E+m\angle F=\text{Measure of extirior angle }G[/tex]

[tex]5x+6x=110^\circ[/tex]

[tex]11x=110^\circ[/tex]

[tex]x=\dfrac{110^\circ}{11}[/tex]

[tex]x=10^\circ[/tex]

Now,

[tex]m\angle FEG=5x[/tex]

[tex]m\angle EFG=5(10^\circ)[/tex]

[tex]m\angle EFG=50^\circ[/tex]

Therefore, the measure of angle FEG is 50 degrees. So, option C is correct.

Permutations acellus How many ways can 4 books be arranged on a shelf if there are 8 books to chose from? Note: nPr = n! —— (n-r)!

Answers

Answer:

1680 ways

Step-by-step explanation:

From the question,

nPr = n!/(n-r)!.................. Equation 1

Where, n = Total number of books to chose from, r = number of books to be arranged in the shelf.

Given: n = 8 books,  r = 4 books.

Substitute into equation 1

8P4 = 8!/(8-4)!

8P4 = 8!/4!

8P4 = (8×7×6×5×4!)/4!

8P4 = 1680 ways.

Hence the number of ways 4 books can be arranged in a shelf if there are 8 books to chose from is 1680 ways

What is the name of the property shown below?
(9 x 2) + (9 x 10) =
9x (2 + 10)

distributive
commutative
associative
identity

Answers

Answer:

108 associative

Step-by-step explanation:

The name of the property shown below is called distributive property.

There are expected to be 7 adults for every 3 children at the opening of a new museum. Find how many children are expected if there are 21​ adults, 35​ adults, and 56 adults.

Answers

Answer:

21 Adults= 7 Children , 35 Adults= 15 children and 56 Adults = 24 Children

Step-by-step explanation:

In other words, every 7 Adults creates a set of 3 Children

In the case of the 21 Adults, 21 /7 = 3sets of Children. Therefore 3x3 =9 Children.

For 35 adults, 35/7 gives us 5 sets

Therefore 5x3= 15 Children

Finally, 56 adults. 56/7= 8 sets

Therefore 8x3= 24 Children

Hope this helps and goodluck. Feel free to post more questions.

please with this problem I'm not sure what to put
..............

Answers

Answer:

D. Even and shifts downwards

Explanation:

When a number outside of the parentheses effect the function, it is considered the y.

So, the -4 would cause the function to shift downwards 4 units.

However, it would change the even and odd because you would have to place a negative sign in front of the x.
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