Acredit card advertises an annual interest rate of 23%. what is the equivalent monthly interest rate?

1.916% or approx 1.92%

Step-by-step explanation:

A credit card advertises an annual interest rate of 23%.

Annual rate of interest means rate of interest offered for 12 months.

So, if you have to calculate the monthly rates, you can divide the given rate by 12.

So, monthly rate is = % ≈ 1.92%

what?

step-by-step explanation:

what do you need with. i love quadrants. can you tell me ?

option (b) is correct

step-by-step explanation:

to find the solution of this system, we need to convert it into reduced row-echelon form. we have,

after applying row operations r2 -> r2/2 and r3 -> r3/3, we get,