Answer: 58.42
Formula: Multiply the length value by 2.54
23×2.54
=58.42
12 Inches = 30.48 Centimetres
3 1/8 means 8 x 3 + 1 = 25/8
Step-by-step explanation:
4/5 x 25/8
= 4x25/5x 8
= 100/40
= 5/2
Answer:
15.14%
Step-by-step explanation:
The formula for APR is stated thus:
APR=fees+interest/principal/n*365*100
principal is the loan amount of $700
fees is the processing fees on the loan which is $50
interest amount=principal*interest %=$700*8%=$56
n is the number of days of the loan which is a year i.e 365 days
APR=($50+$56)/$700/365*365*100
APR=$106/$700/365*365*100
APR=0.151428571
/365*365*100
APR=0.151428571
*100=15.14%
The annual percentage rate on the loan is 15.14% which represents the actual cost on the loan not just the interest cost of 8% annually
Answer:
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Step-by-step explanation:
