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%.

Learn morer about effective interest rate here:https://brainly.com/question/8098678

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Related Questions

A right triangle has an angle measure of 52.4 degrees. What is the value of 'x', the missing angle?

Answers

In every triangle the sum of the three angles = 180°

If you have a right angled triangle it means one angle is 90°

So 90°+52.4°+ x = 180°

x=180-52.4-90
x=37.6°

Suppose Lindsay’s mom invests $10,000, part at 3%, and the rest at 2.5%, in interest-bearing accounts.-10,00007.5 The totally yearly investment income (interest) is $283. How much did Lindsay’s mom invest at each rate?

Answers

Answer:

she invested 6600 at 3% and 3400 at 2.5%

Step-by-step explanation:

Simple interest = amount deposited x time x interest rate

Let the amount deposited in in the account bearing 3% interest by represented with a

Let the amount deposited in in the account bearing 2.5% interest by represented with (10,000 - a)

a x 0.03 + (10,000 - a) x 0.025 = 283

0.03a + 250 - 0,025a = 283

collect like terms

0.03a - 0.025a = 283 - 250

0.005a = 33

a = 6600

the amount deposited in the 2.5% account = 1000 - 6600 = 3400

What is the answer to this problem?

Answers

Answer:

Step-by-step explanation:

The 75th percentile is the 3rd line, the median (50th percentile) is the second line, and the 25th percentile is the 1st line.

So, 10 is the answer.

Similar triangles (please explain how to do this)

Answers

Answer:

Step-by-step explanation:

Plz help I needs its

Answers

B. The measure of angle w is the same as the measure of angel z

Find the distance between the points (-2,-10) and (-9,-5) on a coordinate plane.

Answers

-5/7
Just use the formula

g ih even me answer please

Answers

Step-by-step explanation:

It E = 8, -3

whats the slope using Rise/Run?
thanks, if you help

Answers

Answer:

the slope of the given line is m = rise / run = -1/2

Step-by-step explanation:

Going from (1, -1) to (3, -2), the 'rise' is actually a drop of 1 unit; the 'run' is +2.

Thus, the slope of the given line is m = rise / run = -1/2

The population of Jefferson City is 95000. Assuming a growth rate of 2.5% per year, what will the population be in 15 years?

Answers

Answer:

Yearly growth: 137,588

Continuous growth: 3,971,611

Find the area of the triangle

Answers

Stay safe out there and protect your love ones, wear a mask.

Answer:

C) 17.1 square units

Step-by-step explanation:

Use Heron's formula to calculate the area of the triangle:

[tex]Area = \sqrt{s(s-a)(s-b)(s-c)}[/tex]  where  [tex]s=\frac{a+b+c}{2}[/tex] which represents the semi-perimeter of the triangle:

[tex]s=\frac{9.9+6.1+6}{2}=11[/tex]

Therefore:

[tex]Area = \sqrt{11(11-9.9)(11-6.1)(11-6)}\\[/tex]

[tex]Area = \sqrt{11(1.1)(4.9)(5)}\\[/tex]

[tex]Area = \sqrt{296.45}\\[/tex]

[tex]Area = 17.2[/tex]

Therefore, the closest answer choice is C) 17.1 square units

Select all the true statements.

x=y

Answers

Answer:

What is the question?????

The straight line PQ with P(1,6) and Q(-6, 1). PQ is mapped onto P'Q' by a reflection in the line = 2. What are the coordinates of P

Answers

Answer:

[tex]P' = (1,-2)[/tex]

Step-by-step explanation:

Given

[tex]P = (1.6)[/tex]

[tex]Q = (-6,1)[/tex]

Reflection over: [tex]y = 2[/tex]

Required

Determine the coordinates of P'

From the given coordinates, the y coordinates of P is 6 and the line of reflection is at y = 2

Since we are to reflect over y = 2, only the y coordinate of P will be affected.

The idea behind reflecting a point over a line is to have an equal distance between [the original point & the line of reflection] and [the new point & the line of reflection]

So, what to do is:

First, calculate the difference between the y coordinates of P and the line of reflection.

The y coordinate of P is 6 and the line of reflection is at y = 2.

So, the difference is: 6 -2 = 4

Next, subtract the calculated difference from the line of reflection to get the y coordinate of P'

y coordinate of P' = 2 - 4 = -2

Hence, the coordinate of P' is: (1,-2)

Plss I need this rnnn

Answers

Answer:

x= 65

Step-by-step explanation:

3x-15=180

add 15 both sides

3x= 195

divide by 3

x=65

the answer for x would be 65 (x=65

Celeste drinks at least 8 cups of water each day. So far, she drank 1.5 cups of water.
She will drink the rest of her water for the day from a water bottle that holds 2 cups
of water. Which graph shows the minimum number of bottles worth of water Celeste
should drink so that she drinks at least 8 cups of water?
I need this answer fast please,no links any help is appreciated

Answers

Answer:

You didn't show any graphs.

Step-by-step explanation:

Which expressions are equivalent to 3x+3(x+y)3x+3(x+y)3, x, plus, 3, left parenthesis, x, plus, y, right parenthesis

Answers

The question is incomplete. The complete question is :

Which expressions are equivalent to 3x+3(x+y)3x+3(x+y)3, x, plus, 3, left parenthesis, x, plus, y, right parenthesis ? Choose all answers that apply:

(Choice A) A 6x+3y6x+3y6, x, plus, 3, y

(Choice B) B 3(x+x+y)3(x+x+y)3, left parenthesis, x, plus, x, plus, y, right parenthesis

(Choice C) C 3xy3xy

Solution :

The equation is given as follows :

3x + 3(x+y)

We can simplify the equation in order to determine the equivalent expression.

Now applying the distributive property,

[tex]$3x+(3)(x)+(y)(3)$[/tex]

[tex]$=3x+3x+3y$[/tex]

When we add the like terms we get :

3x+3x+3y = 6x + 3y

When we factor out the term 3, we get :

3x + 3x + 3y = 3(x + x + y)

So, the expressions in options (B) and (C) are equivalent to the expression 3x + 3(x + y).

Answer:

Step-by-step explanation:

The question is incomplete. The complete question is :

Which expressions are equivalent to 3x+3(x+y)3x+3(x+y)3, x, plus, 3, left parenthesis, x, plus, y, right parenthesis ? Choose all answers that apply:

(Choice A) A 6x+3y6x+3y6, x, plus, 3, y

(Choice B) B 3(x+x+y)3(x+x+y)3, left parenthesis, x, plus, x, plus, y, right parenthesis

(Choice C) C 3xy3xy

Solution :

The equation is given as follows :

3x + 3(x+y)

We can simplify the equation in order to determine the equivalent expression.

Now applying the distributive property,

When we add the like terms we get :

3x+3x+3y = 6x + 3y

When we factor out the term 3, we get :

3x + 3x + 3y = 3(x + x + y)

So, the expressions in options (B) and (C) are equivalent to the expression 3x + 3(x + y).

HELP ME WITH THIS PLEASE. THANKS. BTW, DOES ANYONE KNOW HOW TO TURN CAPS OFF ON CHROMEBOOK.

THANKS

Answers

Answer:

press search + alt to turn it off i think

Step-by-step explanation:

Compare
1.41___1.397

<
>
=

Answers

1.41 is greater than 1.39
>

2. Tim makes a tissue box. The area of the base is 45 square inches. The height of the box is 4 inches. What is the volume of the tissue box?​

Answers

The volume of the tissue box is 180 cubic inches.

What is the volume?

Volume is the measure of the capacity that an object holds.

Formula to find the volume of the object is Volume = Area of a base × Height.

Given that, the area of the base is 45 square inches.

The height of the box is 4 inches.

Now, volume = 45×4

= 180 cubic inches

Therefore, the volume of the tissue box is 180 cubic inches.

To learn more about the volume visit:

https://brainly.com/question/13338592.

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Jose purchased 105 slices of pizza to sell at his school's fundraiser, yet at the end of the day, he had only sold 58. What is his percent of error?

Answers

Answer:

209 yan ang sagot brainliest po

Lindsey made a map of her town which place in Lindsey's town is located at 4,5

Answers

Answer:

the school

Step-by-step explanation:

the point given is (4,5) so let's try to hone in on that so to speak-

with that in mind, the way that i find the easiest to answer this is by using rise over run or the crawl before you walk method

seeing as how both are practically the same i'll just go with the craw before you walk method-

so we will 'crawl' to 4 along the x axis then we'll 'walk' and stop once we reach (4,5) and at (4,5) there is the school building and since her town is also located at the same point the school building is the correct answer

good luck :)

i hope this helps

brainliest would be highly appreciated

have a nice day!

Thank y’all for help

Answers

Answer:

Ask a question so I can answer it -_-

Step-by-step explanation:

which is equivalent wi mark brainliest answer ​

Answers

Answer:

9x

Step-by-step explanation:

you simply just add the values

PLEASE HELP I CANT MISS ANY MORE QUESTIONS

Andrea has a bag of marbles. Without looking in the bag,
she selects a marble, records its color, and puts it back in
the bag. All marbles are equally likely to be chosen. She
performs the process 50 times. In the 50 trials, she records
the following colors of marbles from the bag.

Number of times a purple marble was chosen 24
Number of times a pink marble was chosen 11
Number of times a yellow marble was chosen 15

Based on the data Andrea collected, what is the estimated probability, in
simplest form, of choosing a purple marble from the bag?

A. 50/24
B. 48/50
C. 12/100
D. 12/25

Answers

Answer:12/100

Step-by-step explanat      

Answer:

D. 12/25

Step-by-step explanation:

if you buy 4 balloons and the total price is 6 how much is each balloon

Answers

Answer:

1.5

Step-by-step explanation:

Answer:

$1.50

Step-by-step explanation:

do 6 divided by 4

1) Mark and Huong are selling flower bulbs for a school fundraiser. Customers can buy packages
tulip bulbs and packages of crocus bulbs. Mark sold 9 packages of tulip bulbs and 1 package of
crocus bulbs for a total of $127. Huong sold 6 packages of tulip bulbs and 6 packages of crocus
bulbs for a total of $186. Find the cost each of one package of tulips bulbs and one package of
crocus bulbs.

Answers

Answer:

Package of tulip bulbs = $12

Package of crocus = $19

Step-by-step explanation:

Let b = cost of a package of bulbs

     c = cost of a crocus package

Mark:   (1)   9b + c = 127          Huong:  (2)   6b + 6c = 186

                          c = 127 - 9b                        6b + 6(127 - 9b) = 186

                                                                      6b + 762 - 54b = 186

                                                                                      - 48b = -576

                                                                                           b = 12

                          c = 127 -9(12)

                          c = 127 - 108 = 19

Help me please. I need this done tonight

Answers

Answer:

On the first one, multiply 6 by 3 (18) and subtract from 27 = $11

Step-by-step explanation:

$11 divided by three

About $3.66 Per day. I don't know how to do those graphs you doin but that's the answer to the question itself. Hope I helped?

The second one:

Divide 77 by 7 days (11)

Then subtract 4 from that (which gives you 7) because you need to know how much water is used on the flowers, not the shrubs. So, the answer should be 7. Correct me if I'm wrong, people.

En un pueblo viven 1.500 personas el 35%de ellas son niños y el resto son adultos cuantos adultos viven en el pueblo

Answers

Answer:

Cantidad de adultos= 975

Step-by-step explanation:

Dada la siguiente información:

Cantidad total de personas= 1.500

Proporición de niños y niñas= 0,35

Proporción de adultos= (1 - 0,35)= 0,65

Para calcular la cantidad de adultos, debemos utilizar la siguiente formula:

Cantidad de adultos= cantidad total de personas*proporción de adultos

Cantidad de adultos= 1.500*0,65

Cantidad de adultos= 975

If the exterior angles measurements of a hexagon are: 28°, 45°, 63°, 57º and 81°, find
the measure of the sixth exterior angle.

Answers

97 I am sure that is what it is

3 times a number is 4 less than the square of that number. Find the negative solution.

Answers

3X=X^2-4
So X=4
Negative -4

help m.e please please

Answers

Answer:

the answer is -2,-2

Step-by-step explanation:

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