Suppose you need some fast cash until payday which is two weeks away. You decide to take out a payday loan for $400 with a fee o
1 answer:
The APR on the loan will be $13. The APR is found by the standard formula. It is calculated annually.
<h3>What is APR? </h3>APR is an annualized cost indication for a loan that includes all costs.
Suppose there is an initial amount as P. The interest, or say charge on it, is applied annually as 'C' amount.
The given data in the problem is;
Loan payment = $400
Fees = $52
APR=?
The value of the APR is found as;
Hence, the APR on the loan will be $13.
To learn more about the APR, refer to the link;
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(You go from left to right)
(Dividend is 931, divisor is 7)
Step 1: Look for a number smaller than 9 that is divisible by 7. 7 is the only one which is smaller than 9 and is divisible by 7. Now that you know 7*1=7, you put 1 above 931 (Dividend)
Step 2: You subtract that number from the number in tens place. And bring the leftover down.
Step 3: You repeat Step 1 and 2 until either you get a remainder of 0 or the remainder in smaller than the divisor (in this case 7)
(Therefore 931/7=133, quotient=133, remainder=0)
^Hope this helps.
(Dividend is 931, divisor is 7)
Step 1: Look for a number smaller than 9 that is divisible by 7. 7 is the only one which is smaller than 9 and is divisible by 7. Now that you know 7*1=7, you put 1 above 931 (Dividend)
Step 2: You subtract that number from the number in tens place. And bring the leftover down.
Step 3: You repeat Step 1 and 2 until either you get a remainder of 0 or the remainder in smaller than the divisor (in this case 7)
(Therefore 931/7=133, quotient=133, remainder=0)
^Hope this helps.
Scientific notation, also called pattern or notation in exponential form, is a way of writing numbers that accommodate values too large (100000000000) or small (0.00000000001) to be written in a conventional manner.
The use of this notation is based on powers of 104
Example:
Big numbers:
Small numbers:
However, in areas such as physics and chemistry, scientific notation is important to make approximations such as:
mass of a proton
mass of an electron and others.
The use of this notation is based on powers of 104
Example:
Big numbers:
Small numbers:
However, in areas such as physics and chemistry, scientific notation is important to make approximations such as:
mass of a proton
mass of an electron and others.