Arnold’s credit card had an APR of 14.18% all of last year, and interest was compounded periodically throughout the year. Which
2 answers:
You might be interested in
Answer:
Step-by-step explanation:
We know that:
Where "d" is distance, "r" is rate and "t" is time.
Solved for the time "t":
The first step is to convert the distance from miles to feet.
Since , we get:
Knowing that:
We can substitute values into in order to find the time in seconds:
Since:
The time in minutes is: