adrianaamador393 adrianaamador393

02-05-2019
Mathematics

contestada

the APR on leslie's credit card is currently 21.6%. what is the monthly periodic rate?

Respuesta :

NicoleLimaaa NicoleLimaaa

02-05-2019

APR = 21.6% = 0.216

The APR is the annual periodic rate

The monthly periodic rate is the annual periodic rate divided by 12, because there are 12 months in a year

Monthly periodic rate = APR / Number if months in a year

= 21.6% / 12

= 1.8%

Answer Link

Otras preguntas

Need help on these 2

Try to figure this out

What is the quotient of the division? 742 ÷ 7 = ?

At age 16, Juana has an appropriate weight and eats whatever she wants. What's the best strategy Juana can use to ensure good health? Answer Choices: - walk

What form of energy is observed when a spring is squashed

How do I find the area of a hexagon with only the apothem?

Which of the following is a true statement about shays' rebellion? A. Shays was hanged for inciting a rebellion B. It took place in Virginia C. Shays and his

Name two cell structures found in plant cells but not in animal cells, and describe their functions.

Phillis Wheatley's poem in praise of evening contains many descriptive details about the natural world. Would it be possible to praise evening in a poem contain

1. part A how is Conversational Ballgames excerpt of expository essay organized A.cause and effect B.compare and contrast C.problem and solution D.chronologi