Answer:
Step-by-step explanation:
a) you know interest is 22 and principal is 1000 and number of months is 1
b) I = rPm
r = I/Pm
c) r = 22 / 1000(1) = 0.022 /month or 2.2% per month
or 12(0.022) = 0.264 or 26.4 % per year.
d) interest is $15, loan period is 2 weeks which occurs once during the loan, interest rate is 10% per two weeks.
P = I/rm
e) P = 15 / 0.10 = $150
Notice that there are 52 weeks/yr / 2week loan period = 26 period in a year.
This means that the APR is 0.10(26) = 2.60 or 260% annual interest rate. Pretty good return on investment if you are the lender and can keep your money lent out. Not so good if you are the borrower.
Answer:
1. Step 2: 2a-6+6 Step 3: 2a
2. Step 2: 8(2d+3)
Step by step explanation:
Here’s my work form what I seen:
The answer is 4 I am sure it is
If the number of terms is one then it is called a mono-nomial
if number of terms is two then it is called binomial.
if the number of terms is three or more than three then it is called poly-nomial.
