Answer:
D
Step-by-step explanation:
Subtract 60 from 80 to get 20, and divide 20 by 80 to get 1/4, which can be converted to 25%.
Answer:
correct option is d. $242.81
Step-by-step explanation:
given data
APR = 25.5% =
= 2.125
paid = $3,729
solution
we get here finance charge on the 1st month by multiplying 3,729 and now adding it to existing balance
so we get finance charge for the second and third months similarly as
APR ÷ 100 =
= 0.02125
so 1st
= $3,729 × 0.02125
= 79.25
and
$3,729 + $79.25 = $3808.24
so for next
= $3808.24 × 0.02125
= 80.93
and
$3808.24 + $80.93 = $3889.17
so for next
= $3889.17 × 0.02125
= 82.64
and
$3889.17 + $ 82.64 = $3971.81
so
finance
charge = 3971.81 - 3729
finance
charge = 242.81
so correct option is d. $242.81
Answer: 1300 pounds
Step-by-step explanation:
2000 x 0.65= 1300