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

solve 2x + 3y = 4 - 2x - y = -8

Answers

Answer:

y = -2 and x = 5

Step-by-step explanation:

2x + 3y = 4

-2x - y = -8

Since this is a system of equations, we can either substitute or subtract. I will be subtracting.

2x + 3y - 2x - y = 4 - 8

2y = -4

y = -2

Now that we have y, we will plug it in for the first equation and solve.

2x + 3(-2) = 4

2x - 6 = 4

    + 6  + 6

2x = 10

x = 5

1. Members of a research team are considering three studies related to sleep and learning. The first study involves comparing the scores on a post-study test of learning from two groups of randomly chosen adults, with one group getting at least 7 hours of sleep per night for a week and the other group getting at most 6 hours

of sleep per night for a week. A second study involves asking a random sample of students at a large university to report the average number of hours of sleep they get each night and their college grade point average. A third study involves asking a random sample of high school students in a large school district whether they feel they get enough sleep to stay alert throughout the school day.

Answers

The question is incomplete. The complete question is :

Members of a research team are considering three studies related to sleep and learning. The first study involves comparing the scores on a post-study test of learning from two groups of randomly chosen adults, with one group getting at least 7 hours of sleep per night for a week and the other group getting at most 6 hours  of sleep per night for a week. A second study involves asking a random sample of students at a large university to report the average number of hours of sleep they get each night and their college grade point average. A third study involves asking a random sample of high school students in a large school district whether they feel they get enough sleep to stay alert throughout the school day.

Which study appears to look for an association between two variables without actively manipulating either one. What are those variables ?

Solution :

The second study in the context is involved in asking for a random sample of the students at an university to provide a report the average hours of sleep that everybody get each night and also the grade point of their college appears for association between these two variables without actively changing either of one.

These variables are the grade point average of the students and the numbers of hours of sleep.

What are the answers for 1-4 this is geometry.

Answers

Answer/Step-by-step explanation:

1. x*21 = 24*14 (intersecting chords theorem)

21x = 336

x = 336/21

x = 16

2. 27*x = 45² (secant-tangent rule)

27x = 2,025

x = 2,025/27

x = 75

3. (x + 5)*5 = (4 + 6)*6 (Intersecting secants theorem)

5x + 25 = (10)*6

5x + 25 = 60

5x = 60 - 25

5x = 35

x = 35/5

x = 7

4. (4x + 2)*8 = (5x + 1)*7

32x + 16 = 35x + 7

Collect like terms

32x - 35x = -16 + 7

-3x = -9

x = -9/-3

x = 3

Another question how fast is Andrew traveling?

Answers

Answer:

Danny

Step-by-step explanation:

Danny's speed is given:

15 mph

Andrew's speed is found from the table.

Since its the direct relationship, we find it using one pair of values:

Speed = miles/times = 21.75/1.5 = 14.5 mph

Danny is faster as 15 mph > 14.5 mph

Speed =Distance/Time

Here speed is equal to slope of box

m=y/xm=29/2m=14.5mph

Danny is faster as his one is 15mph

what would be the answer

Answers

Answer:

B= 21.195

Step-by-step explanation:

Inner circle area = 3.14×1.5×1.5=7.065

Outer circle area = 3.14× 3×3 = 28.26

3 is the radius of the outer circle

Area of the shaded portion is = area of outer circle - area of inner circle

28.26-7.065=21.195

Answer B= 21.195

The cost of a holiday is £2400. Rana pays a deposit followed by monthly payments, in the ratio deposit:total of the monthly payments=3:5 she makes 6 equal monthly payments. Work out her monthly payment

Answers

Answer:

Monthly installments = £250

Step-by-step explanation:

Given

Total cost of holiday = £2400

Ratio deposit : total of the monthly payments=3:5

Total deposit made = [tex]\frac{3}{3+5} * 2400 = 900[/tex]

Total amount of the monthly payments = 2400 -900 = 1500

She pays six equal installments.

Amount of installments = 1500/6 = 250

Monthly installments = £250

Using proportions, it is found that her monthly payments are of £250.

The deposit is of x.The total of monthly payments the remainder, that is, 2400 - x.

According to the ratio, we have that:

[tex]\frac{x}{2400 - x} = \frac{3}{5}[/tex]

Applying cross multiplication:

[tex]5x = 3(2400 - x)[/tex]

[tex]8x = 7200[/tex]

[tex]x = \frac{7200}{8}[/tex]

[tex]x = 900[/tex]

Hence, the monthly payments add to £1500.

She makes 6 equal monthly payments, hence:

[tex]p = \frac{1500}{6} = 250[/tex]

Her monthly payments are of £250.

A similar problem is given at https://brainly.com/question/24372153

The vertices of AABC have coordinates A(-2, -1), B (10,-1), C (4,4). State the
area of AABC.
HELP ASAP

Answers

Answer:30

Step-by-step explanation:

find the coordinates of the midpoint ​

Answers

the second one hope this helps

select the expression that is equivalent to (x+5)^2-(x-3)(x+5)

Answers

do u have the answer options?

Answer:

I love algebra anyways  

the ans is in the picture with the steps  

(hope it helps can i plz have brainlist :D hehe)

Step-by-step explanation:

find the missing angle measure
m<s=
m<u=

Answers

Answer and Step-by-step explanation:

The interior angles of a triangle a add up to 180. We can find x by subtracting everything from 180, and then divide for x.

180 = x + 4 + 68 + x

Simplify.

180 = 2x + 72

Subtract 72 from both sides of the equation.

108 = 2x

Divide each side by 2.

x = 54

The angles of the triangle are:

Angle S = 54

Angle U = 58

Angle T = 68

#teamtrees #PAW (Plant And Water)

Let f(x) = 7x² + 19x + 21 and g(x) = 4x² + 4x + 3 . Identify the solution(s) of f(x) = g(x).

Answers

Answer:

-3 and -2

Step-by-step explanation:

7x² + 19x + 21 = 4x² + 4x + 3

combine like terms:

3x² + 15x + 18 = 0

3(x² + 5x + 6) = 0

(x + 3)(x + 2) = 0

x = -3

x = -2

PLEAS HELP ILL GIVE BRAINLIEST
SHOW WORK OR NO BRAINLIEST

Answers

Answer:

Marta spent a total of $34.29

Step-by-step explanation:

Since she bought 3 towels for $8.50 each you would do 3 times $8.50 to get $25.50 for the towels and since she bought 5 washcloths for $1.25 each you would do 5 times $1.25 to get $6.25 then you would add the totals to get $31.75. Then you would find out the tax by finding out what 8% of $31.75 is which would be 2.54. So you would add $2.54 to $31.75 to get $34.29. So the total amount of money that Marta spent is $34.29

3 times $8.50 = $25.50

5 times $1.25 = $6.25

$25.50 + $6.25 = $31.75

please help both questions marking brainlist

Answers

Answer:

rsfkejfnailwknd

Answer:

4) point q is (6,-2)

It is reflected across the y axis and becomes

(-6,-2)

then it goes down 2 and becomes

(-6,-4)

5) Since it can be mapped to the other segment with only reflection it is the same size as the other segment.

25.3 inches

Find the volume of the hemisphere.

Answers

V(sphere) = 4/3 * π * r³ . Therefore, the volume of a hemisphere formula is as follows: V = V(sphere)/2 , V = 2/3 * π * r³ .

1
y>
5x + 3

What is the y-intercept
(xy)

What is the slope

Will the line be solid or dotted

Answers

Given:

The inequality is:

[tex]y>5x+3[/tex]

To find:

The y-intercept, slope and type of line (solid or dotted).

Solution:

The slope intercept form of a line is:

[tex]y=mx+b[/tex]            ...(i)

Where, m is the slope and b is the y-intercept.

We have,

[tex]y>5x+3[/tex]

The relation equation is:

[tex]y=5x+3[/tex]             ...(ii)

On comparing (i) and (ii), we get

[tex]m=5[/tex]

[tex]b=3[/tex]

It means the slope is 5 and the y-intercept is 3.

The sign of the inequality in the given inequality is ">". It means the boundary line is not included in the solution set. So, the boundary line is a dotted line.

Therefore, the slope is 5, the y-intercept is 3 and the line is a dotted line.

10. Find the measure of exterior angle TUV below. Record your answer on the grid.

Answers

Answer:

41

Step-by-step explanation:

Given an = 3n-5, what is the common difference?

Answers

Answer:

3

Step-by-step explanation:

A common difference is found in arithmetic sequences. The simplified formula for arithmetic sequences, which is what is used here, is [tex]a_{n}=dn-a_{0}[/tex]. Where d is the common difference and [tex]a_{0}[/tex] is the zeroth term. So, in the given equation 3 must be the common difference.

In the right triangle shown, m\angle Y = 30\degreem∠Y=30°m, angle, Y, equals, 30, degree and XY= 6XY=6X, Y, equals, 6.

Answers

Answer:

YZ = 6.93

Step-by-step explanation:

Find the complete question attached

From the diagram, we are to look for YZ

Given the following

XY = adjacent = 6

measure of m<Y = 30degrees

Required

YZ = hypotenuse

Using the SOH CAH TOA identity

Cos theta = adjacent/hypotenuse

Cos 30 = XY/YZ

Cos 30 = 6/x

x = 6/cos30

x = 6/0.8660

x = 6.93

Hence the length of YZ is 6.93

A diameter of a circle has endpoints at (-3, 2) and (-3,-3). What are the coordinates of the center
of the circle?
A (0, 3)
B(-3,-1)
C(-6, -1)
D (-3, 0)

Answers

Answer:

B (-3, -1/2)

Step-by-step explanation:

2 and -3 are 5 units apart which means that the middle is 2 1/2 from either point. This point is (-3, -1/2)

Have a great day!

Could someone give me the answer to this question

Answers

Answer:

Circumference = 62.8

Step-by-step explanation:

The equation for discovering a circle's circumference is simple:

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

C = 2πr

C is the circumference (how long is the circle around)

R is the radius (half of the width of the circle)

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

So, instead of giving us the radius, they gave us the diameter. (the full width of the circle) So, we divide that by 2 to get the radius.

20/2=10

Now, time to fill in the equation.

C = 2π10

C = 20π

C = 62.8

*They told us to use 3.14 for pi.

Simplify the expression:
2(2 + 4k)

Answers

12k is your answer
Brainliest would be nice
Simplify the expression
2(2+4k)
(4+8k) = 12k
2(2+4k) = 12k

HELPO PLS TYSMMM
I’m bad so help lol

Answers

Answer:

no, yes, yes , no, yes

Step-by-step explanation:

Answer above me is correct

triangle with angle measures 85°, 35°, and 60°

Answers

Answer:

It should equal 180 i think correct me if im wrong

What is the equation of a line with a point of (-12,8)and a slope of 1/2?

Answers

y-8=1/2(x+12)
it is plus twelve because if you have the minus already there, with a negative it turns positive

HELP!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

C

Step-by-step explanation:

The mean is essentially the average.

Just add all of them together, and divide by the number of numbers you added.

2/5 - 1/ 3 / 4/7

A. 7/8
B. 4/14
C. -11/60
D. 8/14

Answers

Answer:

2/5 - 1/ 3 / 4/7

[tex] \frac{2}{5} - \frac{1}{3 } \times \frac{7}{4 } \\ \frac{12 \times 2 - 7 \times 5}{60} \\ \frac{ - 11}{60} [/tex]

C.-11/60 is your answer

PLEASSEE HELP MY ASSIGMENT IS ALMOST DUEEE!!! PLEASE HELP MY I WILL GIVE YOU BRAINLEST

Answers

Answer:

ill help you whats the question

Step-by-step explanation:

Answer:

what do we answer I see nothing

Step-by-step explanation:

??

What is the slope in this situation: A bean plant is growing three inches every two days.

Answers

Answer:

I need a picture of the problem to be able to solve it.

Step-by-step explanation:

please help its timed thank u

Answers

Answer:the third one (c)

Step-by-step explanation:

Help me plz !!!!! ):$$:):!:!!::

Answers

Answer:

9x - 13 = y

Step-by-step explanation:

big brain

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