Interest = $500*0.12=$60
Processing fee = $25
Total finance charge = $(60+25)=$85.
APR=(total finance charge)/amount borrowed
=85/500
=17%
Answer:
8.26
Step-by-step explanation:
you can solve this by putting x for blank
x-5.27=2.99
solve for x
x-5.27+5.27=2.99+5.27
x=8.26
Y-2x=8
16+4x=2y
Rearrange the first equation equal to y
Y=2x+8
Sub the rearranged equation into the second equation and solve for x
16+4x=2(2x+8)
16+4x=4x+16
16-16=4x-4x
0=0
There would be no solution
Hope this helps!
