If a credit card company charges 13.5% yearly interest, which of the following calculations would be used in the process of calculating the monthly interest rate?

Answers

Answer 1

Answer:

(1.135)^[tex]^1/12[/tex]

Step-by-step explanation:

Answer 2

The monthly interest rate is 1.125%

What is rate of change?

The rate of change of a function is the rate at which the output values change over the input value.

The rate of change of a function is one degree less than the actual function.

Here, it is given that :

a credit card company charges 13.5% yearly interest

therefore, to find the rate of interest charged per month divide 13.5% with 12 :

rate of interest charged per month = 13.5%/12

rate of interest charged per month = 1.125%

Therefore, the monthly interest rate is 1.125%

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Related Questions

Solve this system of equations.
3x + 4y = 36
y=-2 +8

Answers

The answers are X=4 Y=6

Answer:

( X, y [tex] = (x.y) ( - \frac{4?}{?3} = 10)[/tex]Standard form [tex]3 \times + 4y = 36 \\ y = 10[/tex]

The population of New York state can be modeled by:

P(t) = 19.71/(1+61.22e^(-0.03513t))

Where P is the population in millions and t is the number of years since 1800. What is New York's maximum sustainable population?

Answers

Answer:

The answer is "19.71 million".

Step-by-step explanation:

[tex]\to P(t) = \frac{19.71}{1+61.22 e^{(-0.03513t)}}[/tex]

where

[tex]\to p= \text{population in million} \\\\\to t= \text{time in years}\\[/tex]

when t is increases, then [tex]61.22 \ e^{-0.035 t}=\frac{61.22}{e^{0.035t}}[/tex] when decrease so that p(t) continually grows in size to reach the optimum population which you find if t is quite high [tex]t \to \infty[/tex]

[tex]\to P_{max} = \lim_{ \ t \to \infty} \frac{19.71}{1+61.22 e^{(-0.03513t)}}[/tex]

[tex]when \ t \to \infty \ , 0.035 t \to \infty \ , e^{(0.03513t)} \to e^{\infty} \to \infty\ \ e^{\frac{1}{0.035t} = \ e^{-0.035t}} \to 0[/tex]

           [tex]= \frac{19.71}{1+0}\\\\= \frac{19.71}{1}\\\\ = 19.71 \ million[/tex]

Which property is shown here?
4 + (5 + 3a) = (4 + 5) + 3a
O Distributive Property
O Associative Property of Addition
O Commutative Property of Multiplication
O Commutative Property of Addition
O Associative Property of Multiplication
> Next Question

Answers

The answer is the second one
( b )
Associate property of addition

Write an equation of the line with a slope of −3 and y-intercept of 0.

Answers

Answer:

y = -3x

Step-by-step explanation:

Substitute the numbers into the point-slope form equation:

y - 0 = -3(x - 0)

y = -3x

What the actual (22 questions!?!!?!?!??!). I also have a question what is 22+15-60x20, its for math.

Answers

Answer:

im pretty sure it is -1163

Step-by-step explanation:

Answer:

60 times 20 is 1200.

22+ 15 is 37.

1200- 37= -1163.

Can someone help me with these?

Answers

Answer:

A. 4,7,3,5,6,7,8,5,8

B. 5,4,3,8,4,6,3,8,9

Step-by-step explanation:

you're just dividing

Marissa got 60% of the questions right on her quiz out of 40 total questions.How many questions did she get worng

Answers

60% of 40 is 24 and 40-24= 16 so she got 16 wrong

What is the answer ???????????????

Answers

4(-3)-9 =-21. I hope this helpsss

Answer:

(2, - 1 )

Step-by-step explanation:

Given the 2 equations

y = 4x - 9 → (1)

y = x - 3 → (2)

Substitute y = 4x - 9 into (2)

4x - 9 = x - 3 ( subtract x from both sides )

3x - 9 = - 3 ( add 9 to both sides )

3x = 6 ( divide both sides by 3 )

x = 2

Substitute x = 2 into either of the 2 equations for y

Substituting into (2)

y = 2 - 3 = - 1

solution is (2, - 1 )

Cell phone company A costs $29.95 plus $0.10 per minute. Cell phone company B costs $39.95 plus $0.06 per minute. How many minutes would you have to talk to pay the same amount for both companies?

Answers

Answer:

250 minutes

Step-by-step explanation:

Write an equation in slope intercept form of the line that passes through (-2,10) and (1,1).

Answers

Answer:

(-2,10)=x1,y1

(1,1)=x2,y2

we have,

(y-y1)=(y2-y1)/(x2,x1)[(x-x1)]

(y-10)=(1-10)/(1+2)[x+2]

y-10=-9/3(x+2)

y-10=-3(x+2)

y-10=3x+6

y=3x+16

Answer:

        y = -3x + 4

Step-by-step explanation:

The slope of a line passing through two points: (x₂, y₂) and (x₁, y₁) is:

                                                                               [tex]\bold{m=\dfrac{y_2-y_1}{x_2-x_1}}[/tex]

(-2, 10)  ⇒  x₁ = -2,  y₁ = 10

(1, 1)    ⇒  x₂ = 1,  y₂ = 1

So:

      [tex]\bold{m=\dfrac{1-10}{1+2}=\dfrac{-9}{3}=-3}[/tex]

The point-slope form of equation of line is y - y₀ = m(x - x₀)

We can pick any of given poins, so:

x₀ = 1,  y₀ = 1   and  m = -3

y - 1 = -3(x - 1)

y = -3x + 3 + 1

y = -3x + 4      ←  slope intercept form of the line

(Dont answer if you dont want alot of notifs)
If Logx (1 / 8) = - 3 / 2, then x is equal to
A. - 4
B. 4
C. 1 / 4
D. 10

Answers

Answer:

According to my problem solving, the answer should be B. 4

Step-by-step explanation: it might be wrong but worth a shot

Please help! Will mark brainliest!

Answers

Answer:

2

Step-by-step explanation:

Which equations for the measures of the unknown angles x and y are correct? Check all that apply. x = cos–1(StartFraction a Over c EndFraction) x = sin–1(StartFraction c Over b EndFraction) x = tan–1(StartFraction c Over a EndFraction) y = sin–1(StartFraction a Over c EndFraction) y = cos–1(StartFraction c Over b EndFraction)

Answers

the answers are:

b. x = sin -1 (c/b)

c. x = tan -1 (c/a)

e. x = cos -1 (c/b)

HELLLPP PLLS
The Graph shows the total?!

Answers

i sat 35 hrs cause umm it looks like the most reasonable

will give brainiest help


Three salesmen work for the same company, selling the same product. And, although they are all paid on a weekly basis, each salesman earns his paycheck differently. Salesman A works strictly on commission. He earns $65 per sale, with a maximum weekly commission of $1,300. Salesman B earns a weekly base salary of $300, plus a commission of $40 per sale. There are no limits on the amount of commission he can earn. Salesman C does not earn any commission. His weekly salary is $900.

The weekly paycheck amount for each salesman, p, is a function of the number of sales, s, they had in that week.
Is the function representing the weekly paycheck amount of Salesman A a proportional relationship? Use complete sentences to explain your reasoning.
Is the function representing the weekly paycheck amount of Salesman B a proportional relationship? Use complete sentences to explain your reasoning.
Is the function representing the weekly paycheck amount of Salesman C a proportional relationship? Use complete sentences to explain your reasoning.

Answers

Answer:

See below

Step-by-step explanation:

Proportional relationship formula:y = kx

As per given we have:

Salesman A

p(s) = 65s  (p = $1300 maximum)This is a proportional relationship,  $65 per each sale. But this is restricted to 20 sales.Answer is yes (ignoring the restriction)

Salesman B

p(s) = 40s + 300This is a linear but not proportional relationshipAnswer is no

Salesman C

p(s) = 900There is no relationship between sales number and weekly earning as it is a fixed salaryAnswer is no

Find the mean of the data plot below.

Answers

Answer:  24

=============================================

Explanation:

The dot plot indicates we have this data set: {20, 23, 25, 28}

Add up those values to get 20+23+25+28 = 96

Then divide by 4 since there are 4 values being added up here

96/4 = 24

So the arithmetic mean is 24.

solve log(x-1) + 5x=2

Answers

Answer: x= 1/2

Step-by-step explanation:

a cylindrical container with a radius 12 cm and height 7cm is covered in paper . what is the area of the paper?

Answers

Answer:

528

Step-by-step explanation:

covert 12/5 into a mixed number in simplest form

Answers

Answer:

2 2/5

Step-by-step explanation:

Please help me with the following math question:
Amelia goes to Macy’s and buys a pair of shoes. The shoes are $115.95 on sale for 30% off. What is the total she will pay with 6% sales tax included?

Answers

Answer:

$86.03

Step-by-step explanation:

30% off = 70% of total price. Add .06 to 1 for 6% sales tax.

($115.95*(.70))*1.06

= $86.03

The boiling point of water is 100 degrees Celsius. Write an inequality to represent a pot of water that is not boiling.​

Answers

Answer: x < 100 , where x  = the temperature of a pot of water ( in degrees Celsius).

Step-by-step explanation:

The boiling point of water is 100 degrees Celsius.

The temperature of water that is not boiling must be less than 100 degrees Celsius.

Let x  be the temperature of a pot of water ( in degrees Celsius).

Then, as per given,

x < 100

hence, the  inequality to represent a pot of water that is not boiling.:

x < 100

12foot 11incher+11foot 3 incher​

Answers

Answer:

24feet 1 inches

Step-by-step explanation:

Which expression is equivalent to (7x3)2(x3)?

Answers

Answer:

(21)+(6) is an equivalent expression

Step-by-step explanation:

(7x3)2(x3)

(21)+(6)

Ray Barbee, a radio announcer, is single, earns $300.74 weekly, and claims 2 allowances.​

Answers

The amount withheld from Ray's weekly earning  as Federal income tax after claiming two allowances and being single is $12.

The solution to the problem only requires checking the weekly payroll period for singles and locating the information given in other to obtain the amount to be witheld.

Ray's weekly earning falls in the $300 - $310 income category, Under the column where allowance is 2, the amount withheld based on these conditions is $12.

Therefore, the Federal income tax withheld from Ray's weekly earning is $12.

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Identify the correct property of equality to solve each equation.

x
6
= 5

Answers

Yes it’s equality to solve

What is the diameter of a circular swimming pool with a radius of 8 feet? Enter only the number.

Answers

Answer:

16

Step-by-step explanation:

Answer:

16

Step-by-step explanation:

radius is half of diameter so you would just have to double the number.

In a right triangle, if a = 8in and c = 14in, what is b? Round to three decimal places.

Answers

Answer:

11.49

Step-by-step explanation:

If A=8

And C=14 then

Please help me! Need help! I will give brainliest.

Answers

Answer:

A I think

Step-by-step explanation:

Simon has a farm and has to buy a certain amount of feed for each animal. He buys feed once a month and counts all of his animals to see how much feed he needs to buy. Chicken feed is about $0.5 per chicken, each horse eats about $5 worth of feed, and goats eat about $4 worth of feed. What equation should he use to find how much he should spend on feed?

A. 0.50 +5h + 4g = total spent on feed
B. 9.5a = total spent on feed
C. 0.50 +5h + 40 = 100
D. 0.59 +49 +5g = total spent on feed​

Answers

Answer:

A

Step-by-step explanation:

youre looking for the total spent, and then each variable from the word equation

Answer:It is B because you add 5+4 and you get 9 and than you have 9 you have 5 cences

so it is $9.05

A customer wants to purchase a sweater from a store.

The original price of the sweater is $40.

The sweater is on sale for 20% off the original price.

A sales tax of 5% is applied after the discount.

What was the final price of the sweater?

A
$34.00

B
$30.00

C
$30.40

D
$33.60

will give brainliest! hurry please!! im timed!

Answers

Answer:

a

Step-by-step explanation:

Answer:

Step-by-step explanation:

C

40*.20=8

40-8=32

32*.05=1.60

32-1.60=30.4

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