All categories

3 years ago

What is the APR of a payday loan for $1100 due in 5 days that charges a $165 fee?

2 answers:

7 0

$165 divided by 1,100= .15
Times that by 365 for each day of the year
Which will equal 54.75 divided that by 5 for the amount of days that the loan was for which equals 10.95, then times that by 100 which equals 1,095

Rom4ik [11]3 years ago

3 0

Answer:

the right APEX answer is 1095%

You might be interested in

In a class of 75 students, 50 of them are girls and 25 of them are boys. What percentage are girls?

klio [65]

Answer:

Check pdf

Step-by-step explanation:

Download pdf

4 0

3 years ago

What is the equation of this line? A: y=-3/2x B: y=2/3x C: y=-2/3x D: y=3/2x

creativ13 [48]

Answer:

b) y = 2/3x

Step-by-step explanation:

Slope (m) formula: $\frac{y_2-y_1}{x_2-x_1}$

I will be using (3,2) and (-3,-2) to find the slope:

$m=\frac{-2-2}{-3-3}\\m=\frac{-4}{-6} \\m = \frac{2}{3}$

$y = mx + b\\y = \frac{2}{3}x+b$

(3,2)

$y = \frac{2}{3}x+b\\\\2 = \frac{2}{3}(3)+b\\\\2 = 2+b\\-2 -2\\\\0=b$

$y=mx+b\\\\y = \frac{2}{3}x+0\\\\y = \frac{2}{3}x$

Hope this helps!

8 0

2 years ago

Lana draws a triangle( LMN) on the coordinate plane. What is the perimeter of the triangle( LMN)? Round to the nearest unit.

lys-0071 [83]

Answer:

The answer is "25".

Step-by-step explanation:

Please find the graph in the attachment.

$Longest \ side= 12$

Calculating the triangle two other sides:

$=\sqrt{3^2+6^2}\\\\=(9+36)\\\\=45$

let

$\to \sqrt{45}= 6.7.\\\\\to 6.7\times 2=13.4\\\\\to 13.4+12=25.4 \approx 25$

6 0

2 years ago

А D 11x+8 950 B с Find the value of X

Ivenika [448]

Answer:

write your question properly...

4 0

2 years ago

A store is having a sale on chocolate chips and walnuts. For 3 pounds of chocolate chips and 5 pounds of walnuts, the total cost

umka21 [38]

c = cost per pound of chocolate chips

w = cost per pound of walnuts.

$\bf \stackrel{\textit{3 lbs of "c"}}{3c}+\stackrel{\textit{5 lbs of "w"}}{5w}~~=~~\stackrel{\textit{costs}}{15} \\\\\\ \stackrel{\textit{12 lbs of "c"}}{12c}+\stackrel{\textit{2 lbs of "w"}}{2w}~~=~~\stackrel{\textit{costs}}{33} \end{cases}\qquad \impliedby \textit{let's use elimination} \\\\[-0.35em] ~\dotfill\\\\ \begin{array}{llccccccl} 3c+5w=15&\times (-4)\implies &-12c&+&-20w&=&-60\\ 12c+2w=33&&12c&+&2w&=&33\\ \cline{3-7}\\ &&0&&-18w&=&-27 \end{array}$

$\bf -18w=-27\implies w=\cfrac{-27}{-18}\implies \blacktriangleright w=\cfrac{3}{2} \blacktriangleleft \\\\\\ \stackrel{\textit{substituting on the 1st equation}}{3c+5\left(\cfrac{3}{2} \right)=15}\implies 3c+\cfrac{15}{2}=15 \implies \stackrel{\textit{multiplying both sides by }\stackrel{LCD}{2}}{2\left( 3c+\cfrac{15}{2} \right)=2(15)} \\\\\\ 6c+15=30\implies 6c=15\implies c=\cfrac{15}{6}\implies \blacktriangleright c=\cfrac{5}{2} \blacktriangleleft$

6 0

3 years ago