Answer:
1740 is the time on a 24 hour clock or military time
Answer:
210 pounds
Step-by-step explanation:
First, we are going to find the exchange rate from dollars to pounds.
We know form our problem that 800 dollars are 560 pounds. so:
\frac{560pounds}{800dollars} =0.7
800dollars
560pounds
=0.7 pounds per dollar.
Next, we are going to multiply our exchange rate by the number of dollars we want to change, 300:
300dollars*\frac{0.7pounds}{dollar} =210pounds300dollars∗
dollar
0.7pounds
=210pounds
We will get 210 pounds for 300 dollars
Answer:
A. 30 : 54
Step-by-step explanation:
If you divide 30 by 6 and 54 by 6, you'll get a ratio of 5 : 9, which is the same ratio shown in the problem
Hope this helps :)
To get the effective interest rate (EIR) of the loan, determine first whether we will use a simple interest method or a discounted method. In this case, we will use a discounted method because the loan is a discounted one. In a discounted method, interest is deducted from the loan principal. So the formula will look like this:
EIR = Interest ÷ (Principal - Interest)
Before proceeding any further, solve first for interest. (assuming a 360-day year)
Interest = Principal × rate × interest
= $2950 × (100/360) × (0.085)
= $69.65
Thus, EIR can be computed as follows:
EIR = ($69.65 ÷ ($2950 - $69.65)) × 360
≈ 8.7%
Notice that the EIR was multiplied by 360 to return it to an annual rate.
