1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
11Alexandr11 [23.1K]
3 years ago
15

Sarah bought a lawnmower for $320. She signed up for the buy now pay later plan at the store with the following conditions: $100

down and payments of $25 for the next 12 months. The extra cost paid by taking this plan is equivalent to what actual yearly rate of interest? A. 67% B. 65% C. 25% D. 85%
Mathematics
1 answer:
gogolik [260]3 years ago
4 0
Amount of lawnowner bought by Sarah=$320 Down payment by Sarah= $100 Sarah paid in 12 months = 12 x 25 $ = 300$ $ paid by sarah = 300+12$=400$ Excess amount paid as interest by sarah=400-320=80$ yearly rate of interest paid by sarah = 80/320 x 100=25% so 25% yearly interest was paid by sarah, so the correct option is C. hope this helps.
You might be interested in
a cookie recipe uses 6 cups of brown sugar for every 9 cups of white sugar. How many cups of brown sugar is needed if I use 24 c
Vlad1618 [11]

Answer:


Step-by-step explanation:

You can create a ratio from the provided recipe,

for every 6 cups of brown sugar you need 9 cups of white sugar so it would be 6:9

?:24

24/9=2.6

6x2.6=15.6

so for 24 cups of white sugar you would need about 16 cups of brown sugar.

8 0
3 years ago
Read 2 more answers
Use the following equation to find a line that is parallel: 10x + 3y - 4x = -24
Sati [7]

y=1/2x is your answer.

4 0
3 years ago
Solve the quadratic equation graphically using at least two different approaches. When necessary, give your solutions to the nea
Misha Larkins [42]
The answer to the problem is 39

5 0
3 years ago
What is 17/7 as a whole number?
deff fn [24]
17/7 cannot be put into a whole number, but it can be put into decimal form. The estimated decimal number is 2.43. You just divide 17 by 7 and then round. 

3 0
3 years ago
Read 2 more answers
Which of the following relations is a function?
Murljashka [212]

Answer:

c is the one with function

3 0
3 years ago
Other questions:
  • Determine the answer to 3 + (−5) and explain the steps using a number line.
    5·2 answers
  • Add. 5/4+1/2 plzzzzzzzzz helppppppp!!!!!!!!!!!
    5·1 answer
  • Tony has $727.29 in his checking account. He must maintain a $500 balance to avoid a fee. He wrote a check for $248.50 today. Wr
    15·1 answer
  • According to the Rational Roots Theorem, which statement about f(x) = 25x7 – x6 – 5x4 + x – 49 is true?
    7·2 answers
  • My finals are tomorrow and i need to sleep soon, any answer would be appreciated, and i REALLY REALLY need explanations with the
    11·2 answers
  • ...................................................
    10·1 answer
  • 12. Mr. Ellis needs to drain his above ground pool before the winter. The graph below represents the relationship between the nu
    10·1 answer
  • Find the value of x.
    13·2 answers
  • How old am i? if my mother is 34 and she 21 years older then how old am i?∞
    10·2 answers
  • Use distributive property to remove parantheses<br> 9(2/3-3x)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!