britneymidkiff130237 britneymidkiff130237

22-02-2021
Mathematics

contestada

James recently got a credit card. The APR on the card is 19.8%. What is the monthly interest rate?
A. 1.65%
B. 7.8%
C. 12%
D. 19.8%

Respuesta :

movincent14 movincent14

01-03-2021

The answer is A.

Step-by-step explanation:

ARP means Annual Percentage Rate. Annual means yearly and there are 12 months in a year so divide 19.8 by 12 and you get 1.65.

Answer Link

Otras preguntas

Why were taxes and ongoing source of conflict for the American colonist? A. They did not get sufficient government services. B. They paid a higher tax rate in t

Given: -4x/7 > 10. Choose the solution set. {x | x < -35/2} {x | x > -35/2} {x | x < -40/7} {x | x > -40/7}

the GCF of two number j and k is 8. What is the GCF of 2j and 2k

How much heat must be removed to freeze a tray of ice cubes if the water has a mass of 40.0 g? (the molar heat of fusion of water is 6.01 kj/mol.)

The Suarez family paid $16.00 for 4 movie tickets. How much would they have paid for 16 tickets?

True or False: Signs of poisoning include burns or stains around or in the mouth, nausea or abdominal pain, drowsiness or unconsciousness, and difficult or pain

If anyone can help me with this question thanks!

write a word problem that can be solved by finding the numbers that have 4 as a factor

How did forming alliances increase the likelihood of war in europe?

Hi i need to know how Canada uses coal. and other information on Canada .