Answer: $3.10 per gallon
Step-by-step explanation: 9.30 divided by 3
The solution to the inequality is that Mikey's family can drive at most 148
Inequality shows the non equal comparison of numbers or expressions.
Given that Mikey situation can be represented by the inequality:
112 + x ≤ 260
Solving the inequality:
112 + x ≤ 260
Subtract 112 from both sides of the equation:
112 + x - 112 ≤ 260 - 112
x ≤ 148
Hence from the inequality, we can see that Mikey's family can drive
at most 148
Find out more at: brainly.com/question/25285332
Answer:
15.14%
Step-by-step explanation:
The formula for APR is stated thus:
APR=fees+interest/principal/n*365*100
principal is the loan amount of $700
fees is the processing fees on the loan which is $50
interest amount=principal*interest %=$700*8%=$56
n is the number of days of the loan which is a year i.e 365 days
APR=($50+$56)/$700/365*365*100
APR=$106/$700/365*365*100
APR=0.151428571
/365*365*100
APR=0.151428571
*100=15.14%
The annual percentage rate on the loan is 15.14% which represents the actual cost on the loan not just the interest cost of 8% annually
