Answer: Friendly's would say that you were paying an APR of 1485.71%.
We arrive at the answer as follows
First we calculate the dollar interest on the $7 loan and the rate of interest.


This 28.5714% interest is for a loan that lasts for one week.
Since a year has 52 weeks, we can find the APR as
.
A tax imposed on apples will be paid largely by THE SELLERS OF THE APPLES. The demand for apples being elastic means that small changes in price will cause large changes in quantity consumed. The supply for apples being inelastic means that the quantity supplied of apples is unaffected when the price of apple changes. This means that because of the imposed tax, the price of the apple will probably increase but since an increase in price will reduced the quantity bought, the sellers has to maintain the original price of the apples. In this case, the sellers of the apple will bear the larger parts of the imposed tax
Answer:Quality control
Explanation:
The act of supervising all the jobs to achieve the desired excellence is termed as quality control. In general, its purpose is to identify the defects in a lot by checking a few items.
Every company device a method to identify the defects and thus eliminate the defects. Quality control team do not correct the mistake instead they notify another team to correct the defect.
Answer:
Consider matrix A.
What is the inverse of A? Fill in the missing elements in the matrixs.
Explanation:
Consider matrix A.
What is the inverse of A? Fill in the missing elements in the matrixs.
Answer:
$6,400.
Explanation:
Because these points are paid in connection with the purchase of a principal residence, Marcia may deduct $6,400 ($320,000 × 2%) as interest expense during the current year.