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
The only ways i thought of was 0.7, 0.70, and 0.700 .
Answer:
-1.40
Step-by-step explanation:
The answer is -1.40 (negative 1 and 2/5) because....
The number would have to be a mixed number.
The number would also have to be a negative.
1. I suppose the ODE is supposed to be

Solving for
gives

which is undefined when
. The interval of validity depends on what your initial value is. In this case, it's
, so the largest interval on which a solution can exist is
.
2. Separating the variables gives

Integrate both sides. On the left, we have

where we substituted
- or
- and
- or
.

On the right, we have


So




I'll leave the solution in this form for now to make solving for
easier. Given that
, we get



and so our solution is
