Simple interest is basically the cost of borrowing money over a period of time. So if you have borrowed $110.00 at 5% for two years, you will multiply the 5% by the two years (presuming that it is 5% annual percentage rate (APR). So, You will multiply the 110 by 10% (or .1) to get $11 dollars of simple interest.
First find the amount of each payment:
The total cost will be 40 payments plus service charges.
The percentage is the service charge divided by total cost:
Answer:
4) 3.
Step-by-step explanation:
According to the graph, f(x) has been shifted two units to the right and 3 units up. k is the number of units f(x) has been shifted vertically. So, the value of K is 4) 3.
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Answer:
Exact form: x = 27/5
Decimal form: x = 5.4
Mixed-number form: x = 5 2/5
Step-by-step explanation:
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