All categories

3 years ago

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.

You might be interested in

Nathan is buying a cell phone for his business. The regular price of the cell phone is $ 179. If he buys the cell phone in the n

shutvik [7]

Answer:

The sale price will be 143.20

Step-by-step explanation:

20% of 179 is 35.80

179 - 35.80 = 143.20

6 0

2 years ago

In triangle pqr, rs=4 and qs=6. find ps

Svetradugi [14.3K]

Answer:

$PS=2\sqrt{6}$

Step-by-step explanation:

we are given triangle as

we know that

triangle PRS and triangle PQS are similar

so, the ratios of their sides must be equal

we get

$\frac{RS}{PS}=\frac{PS}{QS}$

now, we are given

RS=4

QS=6

we can plug it

$\frac{4}{PS}=\frac{PS}{6}$

$PS^2=6\times 4$

$PS^2=24$

now, we can solve for PS

$PS=2\sqrt{6}$

6 0

3 years ago

Why all integers are not whole numbers?

gayaneshka [121]

Answer:

Integers -4, -3, -2, -1, 0, 1, 2, 3, 4… all the whole numbers and their opposites (the positive whole numbers, the negative whole numbers, and zero). Fractions and decimals are not integers. For example, -5 is an integer but not a whole number or a natural number.

7 0

3 years ago

The angle measures of a triangle are (x + 20)°, (7x + 11)°, and (4x - 7)°. Which of the following is NOT one of the angle measur

bezimeni [28]

Answer:

Step-by-step explanation:

6 0

3 years ago

A function is created to represent the costs of living per person in the family. What restrictions would be made to the domain?

olganol [36]

Answer:

2) The domain would only include positive integers

Step-by-step explanation:

y cost for x person

x can't be negative or fraction.

5 0

3 years ago