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Grace [21]
3 years ago
6

The APR can be used to compare different loans. True False

Mathematics
2 answers:
Aleonysh [2.5K]3 years ago
4 0

Answer:    

The given statement is TRUE

Step-by-step explanation:

APR is the abbreviated form of Annual Percentage Rate.

This is a type of measurement which is used to compare different loans, the Annual Percentage Rate takes into consideration the following factors : associated loan's interest rate, loan interest term, and fees to calculate the total cost of credit expressed as a yearly rate.

Therefore, The lower the Annual Percentage Rate, the lower the total cost of the loan.

Hence, The given statement is TRUE

And the Annual Percentage Rate or APR can be used to compare different loans.

hichkok12 [17]3 years ago
3 0
The answer to this question is true.
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Simplify the complex fraction. 8/5 divide by 6 3/4 *
hichkok12 [17]

Step-by-step explanation:

\frac{8}{5}÷6\frac{3}{4}

First, simplify the 6\frac{3}{4} to an improper fraction, which is:

\frac{27}{4}

Next rewrite the equation using the improper fraction:

\frac{8}{5}÷\frac{27}{4}

Now, in order to divide the fraction, we will need to flip the second fraction over, and then multiply the two fractions together. A great way to remember this is the phrase <em>Copy Dot Flip - </em>Copy the first fraction, put a dot for multiplication, and flip the second fraction.

\frac{8}{5}·\frac{4}{27}

Finally, multiply together and simplify/reduce if needed:

<u>The final answer is </u>\frac{32}{135}<u> and no simplification or reduction is needed</u>

4 0
3 years ago
The probability of drawing a purple from a bag is 3/8. What is the probability of the complement?
In-s [12.5K]

Answer: 5/8

Step-by-step explanation:

3/8 + 5/8

Thanks for the free points

7 0
3 years ago
Given the points J(4,-7) and L(-2,13), find the coordinates of point k on JL such that the ratio of jk is 1:4
Irina-Kira [14]

Answer:

The coordinates of point k are (-2.8,-3)

Step-by-step explanation:

we shall use the internal division formula to find the coordinates of point k

Mathematically, the formula is as follows;

Let’s call the coordinates of point k (x,y)

(x , y) = mx2 + nx1/(m + n) , my2 + ny1/(m + n)

From the question;

m = 1 , n = 4

x1 = 4, x2= -2

y1 = -7 , y2 = 13

Substituting these values in the equation, we have the following;

1(-2) + 4(4)/(1 + 4) , 1(13) + 4(-7)/(1+4)

(-2+16)/5, (13 -28)/5

= -14/5, -15/5

= (-2.8, -3)

3 0
3 years ago
What is 0.351 as a fraction
AlekseyPX

Answer:

351/1000

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
-7–5(3g+8)&lt;10g–7+g <br><br> help me please!
Ede4ka [16]

Answer:

-20/13 <g

Step-by-step explanation:

-7–5(3g+8)<10g–7+g

Distribute

-7–15g-40<10g–7+g

Combine like terms

-15g - 47 < 11g -7

Add 15 g to each side

-15g+15g -47< 11g+15g -7

-47 < 26g -7

Add 7 to each side

-47+7 < 26g-7+7

-40 < 26g

Divide each side by 26

-40/26 <26g/26

-40/26 <g

Divide top and bottom by 2

-20/13 <g

8 0
3 years ago
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