Dontlikeyou55 Dontlikeyou55
  • 19-05-2017
  • Mathematics
contestada

A credit card issuer charges an APR of 8.67% and its billing cycle is 30 days long what is its periodic interest rate.

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 19-05-2017
8.67×(30÷365)=0.71%per billing cycle
Answer Link
jvillard22405 jvillard22405
  • 19-01-2019

Answer:

0.71% is the periodic interest rate

- Apex User

Step-by-step explanation:


Answer Link

Otras preguntas

Dennis had a piece of rope that was 2.7 m long. He cut the rope into 3 equal pieces. Was each piece of rope greater than or less than 1 m?
please solve the following equation. x-6x=56
What military strategy defeated Cornwallis at Yorktown?
each year the gardners plant 7/8 of an acre with tomatoes. They sell half of what they grow at a roadside stand. What part of an acre do the gardeners use for t
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Dennis had a piece of rope that was 2.7 m long. He cut the rope into 3 equal pieces. Was each piece of rope greater than or less than 1 m?
Convert 3/11 into a percent?
What military strategy defeated Cornwallis at Yorktown?
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Convert 3/11 into a percent?