Decide Whether the Statement Makes Sense

question 35

Essay

Decide whether the statement makes sense. Explain your reasoning.
-Sandi has a credit card balance of $4000. The credit card company charges interest of APR
= 18%, compounded daily. She's broke. She figures if she skips making any payments for
three months, she'll end up owing an extra $180 at the end of the three months. That's
because 18% APR is equivalent to 1.5% monthly and 1.5% of $4000 is $60, and 3 times $60
is $180.

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Definitions:

Cones

Photoreceptor cells in the retina of the eye that function best in relatively bright light and enable the perception of colors.

Fovea

The central part of the retina where visual acuity is highest and detailed vision is best due to a high concentration of cones.

Cones

Cones are photoreceptor cells in the retina of the eye responsible for color vision and operate best under bright light conditions, differing from rods, which are more sensitive to dim light.

Rods

Photoreceptor cells in the retina of the eye that are highly sensitive to light, making them responsible for vision at low light levels.