<u>Answer:
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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:
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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%
the nearest ten would be 50, Just go up till the next 10,20,30,40,50,60,70.etc. all of them are by tens
40-44 is going down 45-49 is going up
Answer: 15504
Step-by-step explanation:
Given : The center for research in data science has a vacancy of 5 interns under a research attachment program.
Number of students applied = 20
The combination of n people taking r at a time is given by :-

Since, all students fulfill the minimum CGPA criteria it means all 20 students are equally eligible.
Then , the number of ways to select a team of 5 interns from all 20 interns :-

Hence, the number of ways to select a team of 5 interns. =