1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katovenus [111]
3 years ago
11

A car loan company states. "You only pay $.31 a day for each $500.00 borrowed." If you borrow $1,431 for 151 days, what amount w

ill you repay. and what annual interest rate is the company actually charging" (Assume a 360-day year)
Mathematics
1 answer:
Levart [38]3 years ago
7 0

The amount you will repay can be solved by:

Amount to be repaid = ( $ 1, 431 borrowed) ( $ 0.31 per day / $ 500 borrowed) 151 days

Amount to be repaid = $ 133.97

The annual interest rate is:

1431 + 133.97 = 1431( 1 + i)^ 151(1/360)

Solve for i

i = 0.2378 or 23.78 % per year 

You might be interested in
Please help meeeee I'll give 9 points. Describe a sequence of translations, rotations, and reflections that take the lower left
serious [3.7K]

Answer:

yo that is the flag of Trinidad and Tobago

look it up

Step-by-step explanation:

7 0
4 years ago
Read 2 more answers
The black triangle was transformed to make the gray triangle. Write an
sergeinik [125]

Answer:

m<4 = 117 degrees

Step-by-step explanation:

Knowing that angle 1 is 63 degrees, we can look at the other angle on the same side of the line, angle 4.

Angles on one side of a line add to 180 degrees.

180 - 63 = 117

6 0
3 years ago
I need an answer to this asap... please ....just number 3
Agata [3.3K]

Answer:

hence cos ( 2 A ) = cos 2 A − ( 1 − cos 2 A ) = 2 cos 2 A − 1


Step-by-step explanation:Well we know that for two angles A , B

it holds that cos ( A + B ) = cos A cos B − sin A ⋅ sin B hence for A = B you get cos ( 2 A ) = cos 2 A − sin 2 A But sin 2 A = 1 − cos 2 A


7 0
3 years ago
Read 2 more answers
Evaluate a^2 b^2 c^2 for a = 2, b = 3, and c = 4.
nikdorinn [45]

Answer:

576

Step-by-step explanation:

(2^2)(3^2)(4^2)

4*9*16

4*9=36*16

36*16

576


3 0
3 years ago
Example of fraction by finding common denominator example of fraction by finding common numerator
salantis [7]
Find three common denominator you’ll have have the multiplied of the numbers
4 0
4 years ago
Read 2 more answers
Other questions:
  • Clark has 20 trading cards and he buys (p) trading cards from the store. He gave his friend Jenny (k) trading cards as a gift fo
    13·1 answer
  • PLZ HELP! MATH &gt;__&lt;
    12·2 answers
  • CAN SOMEONE PLEASE HELP ME!
    6·1 answer
  • Jonathan has 1 3/4 hours to practice guitar. If he spends 1/8 hours on each song. How many songs can Jonathan practice? How many
    15·1 answer
  • Determine all real numbers a$ such that the inequality $ |x^2 2ax 3a|\le2$ has exactly one solution in x$.
    5·1 answer
  • A box of buttons contains the same number of each type of button. It contains 220g of buttons
    6·1 answer
  • How do variables help you model real-world situations? Give an example of a model that uses variables and explain how it helps p
    6·2 answers
  • Suppose that an individual has a body fat percentage of 16.9% and weighs 129 pounds. How many pounds of his weight is made up of
    9·1 answer
  • Here is a rate: 12 feet in 3 hours.<br> Find the unit rate:<br> feet per hour
    11·2 answers
  • 2. Darnell bought(7.7 kilograms of blueberries at
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!