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Aneli [31]
4 years ago
9

a payday loan store charges $30 for a one-month loan of $600. What is the annual interest rate is this equivalent to ?

Mathematics
1 answer:
lana [24]4 years ago
6 0
Finding what percentage is $30 of $600:
\frac{30}{600} \times100=5\%
So, it is 5% per month.

Converting it to annual:
5\%\times 12=60\%
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sergij07 [2.7K]
55,000,000 is the answer :D
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3 years ago
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Jonathan bought a Gucci belt in Chinatown for $35.00. The belt was on sale for ⅓ off the regular price. Then, an additional 8% w
leonid [27]

Answer:

<u>The original price of the belt was $ 59.32 and Jonathan paid $ 35 for it.</u>

Step-by-step explanation:

1. Let's review the information given to us to answer the question correctly:

Amount Jonathan paid for the belt = $ 35

Discount = 1/3 off the regular price

Coupon = additional 8% = 0.08

2. How much did the Gucci belt cost Jonathan? Show your work or explain how you know.

We assume the question is asking for the original price of the belt, then we make this calculation:

Amount Jonathan paid for the belt = (Original price - Discount) - Coupon

Replacing with the values we know:

Original price = x

35 = (x - 1/3x) - 0.08x

35 = 2/3x - 0.08x

35 = 0.67x - 0.08x

35 = 0.59x

x = 35/0.59

x = 59.32

<u>The original price of the belt was $ 59.32 and Jonathan paid $ 35 for it.</u>

4 0
3 years ago
Given the equation −4x + 10 = 2, which order of operations completely solves for x?
hammer [34]
Hi there!

Answer:
The answer is "<span>Subtract 10, then divide by −4"

Explanation:
To solve a linear equation (for x) we need to isolate the variable (x). First we need to bring the variables to the left side (in this case, it is already on the correct place). Next up is bringing all the integers to the right side. Therefore, we must first subtract 10. Our final step is dividing by the number that is placed in front of x (in this case divide by </span><span>−4)
</span><span>
Solving the equation:
</span><span>−4x + 10 = 2
First subtract 10 (from both sides of the equation)

</span>−4x  = −8
Divide by −4

x = −8 / −4 = 2
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I hope this anwer helps you!

4 0
3 years ago
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JulijaS [17]
Answer is 20.3 and the steps are:
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3.) 14 + 6 = 20
4.) you have 203 but must bring the decimal down and it makes it: 20.3
I hope I helped and if you're confused please ask questions
6 0
3 years ago
8 + 3 • 5 - 20 ÷ 4 = ?<br><br> Please use the order of operations
nalin [4]

We must multiply and divide before adding and subtracting here. Working from left to right, we get:

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18 (answer)

8 0
3 years ago
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