Given:
loan amount = 300
finance charge = 20
term = 14 days.
To solve for APR.
<span>1. Divide the finance charge by the loan amount.
20/300 = 0.0667
2. Multiply the result by 365.
0.0667 x 365 = 24.35
3. Divide the result by the term of the loan.
24.35/14 = 1.74 (APR in decimal format)
<span>
4. Multiply the result by 100.
1.74 x 100 = 174% APR</span></span>
Answer:
-2
Step-by-step explanation:
15x+6=6x-12
15x-6x=-12-6
9x=-18
x=-2
Answer:
The balance sheet consists of three major elements: assets, liabilities and owners' equity. The object of the statement is to prove true the accounting equation, "Asset = Liabilities + Owner's Equity."
Hope this helps!! :)
<span>21000.7895÷444477777</span>= 0.00004724823
