Harold opened a credit card at a department store with an APR of 14.55% compounded monthly. What is the APY on this credit card?

Answers

Answer 1

Answer:

the APY on this credit card is 15.56%

Step-by-step explanation:

The computation of the APY is as followS:

The nominal monthly rate is

= 0.1455 ÷ 12

= 0.012125

Now

real annual rate= [(1 + Nominal monthly rate)^number of months] - 1

= [(1.0.12125^12) - 1]

= 15.56%

Hence, the APY on this credit card is 15.56%

The same is considered by applying the given formula


Related Questions

Please help!

Write the sum, and then write an equivalent expression by collecting like terms and removing parentheses whenever possible.

a. -4 and 4b + 4
b. 3x and 1 -3x

Answers

Answer:

Does this problem have a picture, I just need to make sure I am seeing everything correctly thanks!

Step-by-step explanation:

a. -4 and 4b + 4 = 4b

-4 and 4b + 4 = -4 + (4b + 4) = 4b + (4 - 4) = 4b + 0 = 4b

b. 3x and 1 - 3x = 1

3x and 1 - 3x = 3x + (1 - 3x) = 1 + (3x - 3x) = 1 + 0 = 1

What is greater -3.2 or -3

Answers

Answer:

-3 is greater

Step-by-step explanation:

Have a good day :)

I think that it is greater

The graph of the function f is shown. f(5) =
)
A
-5
B)
-1
0
D)
5

Answers

Where is the graph ?

Answer:

The answer is 0

Step-by-step explanation:

because the x intercept is 5,0

plz answer asap I rlly need help​

Answers

Answer:

-8/10, -3/16, 3/16

Step-by-step explanation:


3 + (-7) = ?
Need helpppp

Answers

Answer:

The answer would be -4

Step-by-step explanation:

If you think about it like -7+3 it can help you figure out what sign to use :)

-6x + 30 > 36 Solve for x

Answers

Answer:

x > -2

Step-by-step explanation:

-6 (-2) + 30 > 36

12 + 30 > 36

42 > 36

Yes

i haven't submitted a single assignment for this class since winter break bc i didn't realize she was assigning things on goformative and not schoology and now we're on trigonometric ratios i'm confused help me ​

Answers

Answer and Step-by-step explanation:

Trigonometric Function (These only work for right triangles):

SOH-CAH-TOA

S = Sine = sin

C = Cosine = cos

T = Tangent = tan

O = Opposite (side)

H = Hypotenuse (side)

A = Adjacent (side)

SOH = sin(angle) = [tex]\frac{opposite}{hypotenuse}[/tex]

CAH = cos(angle) = [tex]\frac{adjacent}{hypotenuse}[/tex]

TOA = tan(angle) = [tex]\frac{opposite}{adjacent}[/tex]

1. sinQ (Q is the angle) = [tex]\frac{14}{50} = \frac{7}{25} = 0.28[/tex]

Use Pythagorean Theorem to find side PQ.  [tex]14^{2} + PQ^{2}= 50^{2} \\PQ^{2} = 2304\\PQ = 48[/tex]

2. cosQ = [tex]\frac{48}{50} = \frac{24}{25} = 0.96[/tex]

3. tanQ = [tex]\frac{14}{48} = \frac{7}{24} = 0.29[/tex]

Mt. Calvary's budget for a swing set to be built for the Children's Church is $900. If the cost of the swing set should be at least one-fourth as much as the fort, how much can be spent on the fort and still build the swing set?

Answers

Answer:

[tex]Amount = \$4500[/tex]

Step-by-step explanation:

Represent Swing Set with S and Fort with F

Given

[tex]S = \$900[/tex]

[tex]S = \frac{1}{4}\ of\ F[/tex]  --- S = one-fourth of F

Required

Determine the amount spent on both

Substitute 900 for S in [tex]S = \frac{1}{4}\ of\ F[/tex]

[tex]\$900 = \frac{1}{4} * F[/tex]

Multiply both sides by 4

[tex]4 * \$900 = \frac{1}{4} * F * 4[/tex]

[tex]4 * \$900 = F[/tex]

[tex]\$3600= F[/tex]

[tex]F = \$3600[/tex]

The total amount to be spent it:

[tex]Amount = F + S[/tex]

[tex]Amount = \$3600 + \$900[/tex]

[tex]Amount = \$4500[/tex]

help quicklyy pleasee

Answers

Answer:

b

Step-by-step explanation:

Answer:

It is B.

Step-by-step explanation:

Hope this helped have an amazing day/month/year!

Factor the expression completely. 10x^5 -7×^3?​

Answers

Answer:

there is your answer hope that helps

hope it helps!!!!!!!!!!!!!!!!!!

( 10 - 2n ) - ( 5n - 8)

Answers

Answer:

− 7n+18

Step-by-step explanation:

(10- 2n)- (5n- 8)

− 2n+10-5n+8

-7n+18

please help me i will brainliest i swear

Answers

Answer:

B

Step-by-step explanation:

In 3y+1, the 3 is the coefficient

PLS HELP ON TIMER! I'll mark brainliest once I learn how to​

Answers

Answer:

3/9

Step-by-step explanation:

Answer:

3/9

Step-by-step explanation:

Equivalent fraction of a given fraction is got by multiplying or dividing its numerator and denominator by the same whole number. For example, if we multiply the numerator and denominator of 2/3 by 4 we get 3/9

Hope this helps!!

Please help me I need it by 11:59!!!!!!!!!!!!!!

Answers

Answer:

f(x)=0.5x+3.5, x<1

f(x)=-2x+6, x>1

Step-by-step explanation:

Find the Point of Interest, which is at x=1 because the direction changes. Find the slope (rise/run) of the line on the left which is 1/2 or 0.5. Find the y-intercept by plugging in the given point: (-3, 2). 0.5(-3)+c=2 so the y-intercept is 3.5. Do the same for the line on the right.

PLEASE HELP! I WOULD TRULY APPRECIATE IT :(

When trying to find solutions to the system of equations
x+y=3
2x+2y = 6
you take several correct steps that lead to the expression 0=0.
Which statement is true?
A x=0 and y=0
B
The system has no solution.
The system has one solution, but we don't know what it is.
D
The system has infinitely many solutions.

Answers

Answer:

D

Step-by-step explanation:

Let me know if I was right :( don't be mean pls

Function g is a transformation of the parent exponential function. Which statements are true about function g?
FAKE ANSWERS WILL BE REPORTED!!

Answers

Using function concepts, it is found that the correct options are:

Function g is positive over the interval [tex](-\infty, \infty)[/tex].The range of function g is [tex](3, \infty)[/tex].Function g has a y-intercept of (0,4).

What is the parent exponential function?

The parent exponential function is defined by:

[tex]y = e^x[/tex]

In this problem:

When [tex]x = 0, e^x = 1[/tex], while [tex]g(x) = 4[/tex] when x = 0, hence it is 4 - 1 = 3 units above function f.From the graph, it is above the x-axis in the interval [tex](-\infty, \infty)[/tex], hence it is positive in this interval.The range is the set that contains all output values, that is, all values of y, hence it is [tex](3, \infty)[/tex].The domain is the set that contains all possible input values, hence it is [tex](-\infty, \infty)[/tex].The y-intercept is (0, g(0)), hence (0,4).Function g is increasing over the entire interval.

To learn more about function concepts, you can take a look at https://brainly.com/question/16948935

3. Select all answers that would create a dilation.
O (x,y) -----> (2x,4y)
O (x,y) -----> (-2x,-2y)
O (x,y) -----> (92x,2y)
O (x,y) -----> (3x,3y)
O (x,y) -----> (1.2x,1.2y)

Answers

Answer:

Option B,D and E will create dilation.

Step-by-step explanation:

Dilation is the enlarging or shrinking of an element using a common scale factor.

If the same factor is multiplied by the elements, the dilation is created.

Looking at the options:

Option A

O (x,y) -----> (2x,4y)

if we take 2 as common we get  2 (x,2y) not the original coordinates (x,y). So, no dilation.

Option B

O (x,y) -----> (-2x,-2y)

if we take -2 as common we get -2(x,y) which is same as original coordinates. It would create dilation.

Option C

O (x,y) -----> (92x,2y)

if we take 2 as common we get (46x,y) not the original coordinates (x,y). So, no dilation.

Option D

O (x,y) -----> (3x,3y)

if we take 3 as common we get 3(x,y) which is same as original coordinates. It would create dilation.

Option E

O (x,y) -----> (1.2x,1.2y)

if we take 1.2 as common we get 1.2(x,y) which is same as original coordinates. It would create dilation.

So, Option B,D and E will create dilation.

which expression represents five times the sum of a number n and 12

Answers

Answer:

5n + 60

Step-by-step explanation:

5 × (n + 12) = 5 × n + 5 × 12 = 5n + 60

A 30-60-90 triangle is shown below. Find the Value of X.

Will mark brainliest

Answers

Answer:

x = 5

Step-by-step explanation:

ratio of sides in a 30-60-90 triangle is  1: [tex]\sqrt{3}[/tex] : 2

to find 'x' for the triangle shown, divide the hypotenuse by 2

10/2 = 5

For each year that a gift card goes unused, the value of the card decreases by 5%. What is the value of a $25.00 gift card after 1 year? Show your work.

Answers

Answer:

25*0.95 = 23.75

Step-by-step explanation:

i multiplied by 0.95 because the card is still worth 95% of it's original worth.

you could've done:

25*0.05= 1.75 and then subtract that from 25 to get 23.75, i just find the other way easier.

i hope this helped :)

After 2 week he has used 8 1/2 cups of dog food after 5 week he has used 21 1/4 cups construct a function in the form y =mx+ to represent the amount of dog food used y, after x weeks

Answers

Answer:

y = 4.25x

Step-by-step explanation:

Given that:

After 2 week he has used 8 1/2 cups of dog food after 5 week he has used 21 1/4 cups, we can write this in coordinate form (x, y) where;

y is the amount of dog food

x is the time in weeks

The coordinates are (2, 8 1/2) and (5, 21 1/4)

get the slope m:

m = y2-y1/x2-x1

m = (21 1/4 - 8 1/2)/5-2

m = (85/4-17/2)/3

m = (85-34/4)/3

m = 51/12

m = 4.25

Get the intercept c:

Substitute any of the points say (2, 17/2) and m = 51/12 into the equation

y = mx+c

17/2 = 51/12(2) + c

17/2 = 51/6 + c

c = 17/2 - 51/6

c = 51-51/6

c = 0

Get the required equation:

substitute m - 4.25 and c = 0 into y = mx+c

y = 4.25x + 0

Hence the required equation is y = 4.25x

Find the value of x

A.55

B.60

C.85

D.120

Answers

Answer:

A

[tex]x + 125° = 180° \: \: (angles \: on \: straight \: line) \\ x = (180 - 125)° \\ x = 55°[/tex]

Which mapping diagram represents a relationship that is a function?
Mapping A
Mapping B
3
7
O Mapping A
O Mapping B
O both Mapping A and Mapping B

Answers

Mapping A would be the one

Answer:

Mapping A

Step-by-step explanation:

с
For the diagram shown, select the angle pair that
represents each angle type.
Corresponding angles
b
1/2
5
CO
910
Altemate exterior angles
A
3
4
7
8
1112
Alternate interior angles
Vertical angles

Answers

Answer:

For the diagram shown, select the angle pair that represents each angle type.

Corresponding angles

✔ D. angle 7 and angle 3

Alternate exterior angles

✔ C. angle 12  and angle 5

Alternate interior angles

✔ D. angle 2 and angle 11

Vertical angles

✔ C. angle 7  and angle 6

Step-by-step explanation: cus I did it on Edge 2021 and these were the answer...just trust me :)

Thomas got a flat tire and had to walk 1/4 mile to the nearest gas station. How many feet did Thomas walk?

Answers

Answer:

[tex]1320\ \text{feet}[/tex]

Step-by-step explanation:

The distance Thomas walked to the nearest gas station is [tex]\dfrac{1}{4}\ \text{mile}[/tex].

The conversion factor for miles to feet is

[tex]1\ \text{mile}=5280\ \text{feet}[/tex]

So

[tex]\dfrac{1}{4}\ \text{mile}=\dfrac{1}{4}\times 5280[/tex]

[tex]=1320\ \text{feet}[/tex]

Hence, Thomas had to walk [tex]1320\ \text{feet}[/tex] to get to the nearest gas station.

What number should go in the space?
Multiplying by 1.15 is the same as increasing by _____%.

Answers

Answer:

115%

Because to get a percent from a decimal you multiply by 100 so you move the decimal twice to the right

help pls, i’ll mark as brainliest if correct

Answers

Answer: -11/12

Step-by-step explanation:

i need help pleaseee
screen shot attatched

Answers

Answer:

1,200 cubic cm

Step-by-step explanation:

First, you separate it into two prisms, which gives you two different volume formulas.

14*20*2 = 560

20*4*8 = 640

You then add the two volumes together, which equals 1,200

Answer:

sorry wish i could help....

Step-by-step explanation:

Without looking, Luke picks necklace beads from a bag of 52 beads. Half the beads are rough. The other half are smooth. There are 13 red beads, 13 blue beads, 13 green beads, and 13 black beads.

What is the theoretical probability of selecting a rough bead?

Answers

The theoretical probability of selecting a rough bead is 1/2.

Total number of beads = 52

Number of rough beads = 26

Number of smooth beads =26

What is the probability?

Probability is the measurement of possibilities.

P(event) = favorable outcomes/total outcomes

P(rough) = number of rough beads/ total beads

P(rough) =26/52

P(rough) =1/2

Therefore, the theoretical probability of selecting a rough bead is 1/2.

To get more about probability visit:

https://brainly.com/question/24756209

Answer: 1/2

Step-by-step explanation:

which is bigger 5.8 or 5.5

Answers

Answer:

5.8 is bigger

Step-by-step explanation:

Answer:

5.8

Step-by-step explanation:

Since they both start with 5, you look at the next number. Which ever number is bigger is the greater number.

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