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BaLLatris
12 days ago
6

Arnold’s credit card had an APR of 14.18% all of last year, and interest was compounded periodically throughout the year. Which

of these statements accurately describes the effective interest rate of Arnold’s credit card last year?
Mathematics
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A skydiver is 960 meters above the ground when she opens her parachute. After opening the parachute, she descends at a constant
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Response:

The equation of the linear function can be represented as:

H(S) = 960 - 3.2*S


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2 months ago
As part of Kayla's exercise program, she either runs 6 miles/day or rides her bike 10 miles/day. Her new goal is to cover a mini
lawyer [12517]
To find out the number of days, we should create equations based on the values provided. The total distance Kayla aims to travel combines both her running distance and her biking distance.

200 miles = (6 miles/day)x + (10 miles/day)y

where x signifies the days she spent running and y represents the days bike riding.

If the minimum biking days are set to be 15, indicated by y = 15, we have:

200 miles = (6 miles/day)x + (10 miles/day)(15 days)

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Total days = 15 days biking + 8.3333 days running = 23.3333 days, approximately making it 24 days.
8 0
3 months ago
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An investment of $7,650 earns interest at the rate of 5% and is compounded quarterly. What is the accumulated value of the inves
zzz [12365]
FV = P(1 + r/t)^nt, where P denotes the principal amount, r is the interest rate, t is the frequency of compounding per year, and n is the total number of years.

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