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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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54 ft = ____ yd 9. 11 L ≈ ____ qt 10. 80 g = ____ kg <br><br>i need help with this
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3 0
3 years ago
Sam has $15 more dollars than Sarah, Casey has 2 times as much as Sam. The total they have all together is $95, how much money d
Alja [10]

Answers:

  • Sarah has  $12.50
  • Sam has  $27.50
  • Casey has  $55

======================================================

Explanation:

x = amount of money Sarah has

x+15 = amount of money Sam has, since he has $15 more than her

2(x+15) = amount of money Casey has, since he has twice as much as Sam.

Let's add up those three expressions and set that sum equal to 95

Solve for x.

Sarah + Sam + Casey = 95

x+(x+15) + 2(x+15) = 95

x + x + 15 + 2x + 30 = 95

4x+45 = 95

4x = 95-45

4x = 50

x = 50/4

x = 12.50

This says that Sarah has $12.50

That must mean Sam has x+15 = 12.50+15 = 27.50 dollars

And Casey must have 2*27.50 = 55 dollars.

----------------

As a check,

Sarah+Sam+Casey = 12.50+27.50+55 = 95

So the answer is confirmed.

6 0
3 years ago
Read 2 more answers
Mathematics, Help, not sure about my answer on this one
olga nikolaevna [1]

Answer:

F. 2 1/9

Step-by-step explanation:

Step 1: Substitute q

r = 3(\frac{1}{3^n} )+2

When you plug in <em>n</em> = 1, 2, 3:

n(1) = 3

n(2) = 2.11111

n(3) = 2.3333

So our answer is F.

3 0
3 years ago
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