What are the two functions?
answer
The 3 lb bag of cat food would last for 4 weeks.
Step-by-step explanation:
Answer:
The answer to your question is below
Step-by-step explanation:
1) Given
2) Subtraction property of equality (because we are subtracting the same quantity on both sides).
3) Simplification
4) Subtraction property of equality ( because we are subtracting the same quantity on both sides).
5) Simplification
6) Multiplication property of equality (because we are multiplying the same quantity on both sides).
7) Simplification
64/100*75=48 That is the answer
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.