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

Two corresponding sides of two similar triangles are 3cm and 5cm. the area of the first triangle is 12cm^2. what is the area of the second triangle?

A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.