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ratelena [41]
3 years ago
7

Mackenzie took out a payday loan for $1100 that charged a $95 fee. If the loan matures in 2 weeks, what is the approximate effec

tive interest rate of the loan?
Mathematics
2 answers:
Leona [35]3 years ago
5 0

Answer:

For apex , the answer is 764%

Step-by-step explanation:


Alexeev081 [22]3 years ago
4 0

We are asked to solve for the approximate effective interest rate of the loan and the given values are:
Payday load = $1100
Charge fee = $95

Solving for interest we have:
% interest = $95/$1100
% interest = 8.64 %

The answer to the problem is 8.64%.
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Please Help ASAP also SHOW work please!!!!! Thank you. please give correct answer
Kryger [21]

62 can go into 584 nine times which will be 558. 584-558=26. Bring down your 1 which will now be 261. 62 can go into 261 four times which will be 248. 261-242=13. So the top answer should be, 94 R 13.

5 0
3 years ago
What is 5 times 2 minus 8
victus00 [196]

Answer:2

Step-by-step explanation:

We start by multiplying 5 x 2 to get 10 then subtraction to take away 8 from 10 thus giving us the answer of . Hope this helps!

3 0
3 years ago
Read 2 more answers
Please help find them <br>1 AB<br><br>2 BC​
spin [16.1K]

Answer:

AB ≈ 15.7 cm, BC ≈ 18.7 cm

Step-by-step explanation:

(1)

Using the Cosine rule in Δ ABD

AB² = 12.4² + 16.5² - (2 × 12.4 × 16.5 × cos64° )

       = 153.76 + 272.25 - (409.2 cos64° )

       = 426.01 - 179.38

       = 246.63 ( take the square root of both sides )

AB = \sqrt{246.63} ≈ 15.7 cm ( to 1 dec. place )

(2)

Calculate ∠ BCD in Δ BCD

∠ BCD = 180° - (53 +  95)° ← angle sum in triangle

∠ BCD = 180° - 148° = 32°

Using the Sine rule in Δ BCD

\frac{BC}{sin53} = \frac{BD}{sin32} = \frac{12.4}{sin32} ( cross- multiply )

BC × sin32° = 12.4 × sin53° ( divide both sides by sin32° )

BC = \frac{12.4sin53}{sin32} ≈ 18.7 cm ( to 1 dec. place )

         

6 0
2 years ago
(18 ÷ 2) × (56 ÷ 7) =
tigry1 [53]
9 x 8 = 72
do what’s in the parentheses first and then just multiply
5 0
2 years ago
Read 2 more answers
6x-y in a verbal expression
Zolol [24]

Answer:

six x minus y.

Step-by-step explanation:

In changing it to verbal expression, you are essentially changing all the signs into words. Write it like how you will say it.

~

8 0
3 years ago
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