ksweetpea2001org4nt ksweetpea2001org4nt
  • 01-10-2020
  • Mathematics
contestada

Owen has a credit card with an APR of 12.5% and a balance of $1,892.32. The interest is compounded monthly. What is the monthly periodic rate?
0.104
0.0125
0.0104
0.125

Respuesta :

jenniferrdarby jenniferrdarby
  • 01-10-2020

Answer:

0.125%

Step-by-step explanation:

To find the percentage, just move the decimal place two places.

Answer Link
Winchester6701
Winchester6701 Winchester6701
  • 24-02-2022

Answer:

Answer is c or 0.0104.

Step-by-step explanation:

12.5/12= 1.04...

1.04/100= 0.0104

Answer Link

Otras preguntas

Explain what is the same about two fractions that are like fractions
what is the sum of 7/10 and 6/100
having troubles with inequalities.. 3.8x + 14.5 < 32
what is the sum of 7/10 and 6/100
Explain what is the same about two fractions that are like fractions
having troubles with inequalities.. 3.8x + 14.5 < 32
Explain what is the same about two fractions that are like fractions
what is the sum of 7/10 and 6/100
what is the sum of 7/10 and 6/100
Explain what is the same about two fractions that are like fractions