Leigh took out a payday loan for $400 due in 2 weeks that charged a $50 fee. What is the periodic interest rate of the loan?
2 answers:
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Answer:
<h3>B. 16°</h3>Step-by-step explanation:
The diagram lacks the appropriate figure. Find the figure attached. If the line I is perpendicular to m, this means that the sum of the given angles will be equal to 90° as shown;
(3x+5)° + 37° = 90°
open the parenthesis
3x+5 + 37° = 90°
3x+42 = 90
subtract 42 from both sides of the equation
3x+42-42 = 90-42
3x = 48
Divide both sides of the resulting equation by 3;
3x/3 = 48/3
<em>x = 16</em>
<em>Hence the value of x is 16°</em>
