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spin [16.1K]
2 years ago
15

A loan for $1,200 has an annual interest rate of 5.2%. There is a $15 processing fee to receive the loan. The loan’s APR is .

Mathematics
1 answer:
Charra [1.4K]2 years ago
6 0

<u>Answer: </u>

A loan for $1,200 has an annual interest rate of 5.2%. There is a $15 processing fee to receive the loan. The loan’s APR is 5.2%

<u>Solution: </u>

Since full form of APR is Annual Percentage Rate and it is defined as rate of interest for whole year which means it is same as annual interest rate. Also processing fee is totally different component.

So APR = annual interest rate ----- eqn 1

Given that a loan of $1200 has an annual interest rate of 5.2% .

So by using eqn 1 we can say APR = annual interest rate = 5.2%

Hence APR for a loan of $1200 is 5.2%

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1. Derive the half-angle formulas from the double
lilavasa [31]

1) cos (θ / 2) = √[(1 + cos θ) / 2], sin (θ / 2) = √[(1 - cos θ) / 2], tan (θ / 2) = √[(1 - cos θ) / (1 + cos θ)]

2) (x, y) → (r · cos θ, r · sin θ), where r = √(x² + y²).

3) The point (x, y) = (2, 3) is equivalent to the point (r, θ) = (√13, 56.309°). The point (r, θ) = (4, 30°) is equivalent to the point (x, y) = (2√3, 2).

4) The <em>linear</em> function y = 5 · x - 8 is equivalent to the function r = - 8 / (sin θ - 5 · cos θ).

<h3>How to apply trigonometry on deriving formulas and transforming points</h3>

1) The following <em>trigonometric</em> formulae are used to derive the <em>half-angle</em> formulas:

sin² θ / 2 + cos² θ / 2 = 1                      (1)

cos θ = cos² (θ / 2) - sin² (θ / 2)           (2)

First, we derive the formula for the sine of a <em>half</em> angle:

cos θ = 2 · cos² (θ / 2) - 1

cos² (θ / 2) = (1 + cos θ) / 2

cos (θ / 2) = √[(1 + cos θ) / 2]

Second, we derive the formula for the cosine of a <em>half</em> angle:

cos θ = 1 - 2 · sin² (θ / 2)

2 · sin² (θ / 2) = 1 - cos θ

sin² (θ / 2) = (1 - cos θ) / 2

sin (θ / 2) = √[(1 - cos θ) / 2]

Third, we derive the formula for the tangent of a <em>half</em> angle:

tan (θ / 2) = sin (θ / 2) / cos (θ / 2)

tan (θ / 2) = √[(1 - cos θ) / (1 + cos θ)]

2) The formulae for the conversion of coordinates in <em>rectangular</em> form to <em>polar</em> form are obtained by <em>trigonometric</em> functions:

(x, y) → (r · cos θ, r · sin θ), where r = √(x² + y²).

3) Let be the point (x, y) = (2, 3), the coordinates in <em>polar</em> form are:

r = √(2² + 3²)

r = √13

θ = atan(3 / 2)

θ ≈ 56.309°

The point (x, y) = (2, 3) is equivalent to the point (r, θ) = (√13, 56.309°).

Let be the point (r, θ) = (4, 30°), the coordinates in <em>rectangular</em> form are:

(x, y) = (4 · cos 30°, 4 · sin 30°)

(x, y) = (2√3, 2)

The point (r, θ) = (4, 30°) is equivalent to the point (x, y) = (2√3, 2).

4) Let be the <em>linear</em> function y = 5 · x - 8, we proceed to use the following <em>substitution</em> formulas: x = r · cos θ, y = r · sin θ

r · sin θ = 5 · r · cos θ - 8

r · sin θ - 5 · r · cos θ = - 8

r · (sin θ - 5 · cos θ) = - 8

r = - 8 / (sin θ - 5 · cos θ)

The <em>linear</em> function y = 5 · x - 8 is equivalent to the function r = - 8 / (sin θ - 5 · cos θ).

To learn more on trigonometric expressions: brainly.com/question/14746686

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