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andriy [413]
3 years ago
12

Kimberly took out a payday loan for $1500 due in 4 weeks that charged a $135 fee. What is the periodic interest rate of the loan

?
9%
468%
36%
117%
Mathematics
2 answers:
jasenka [17]3 years ago
8 0

Answer:

The periodic interest rate of the loan is 9 %.

Step-by-step explanation:

Given,  

The amount of loan = $ 1500,

Interest per period = $ 135,

Hence, the periodic interest rate of the loan

=\frac{\text{Interest per period}}{\text{The amount of loan}}\times 100

=\frac{135}{1500}\times 100

=\frac{13500}{1500}

=9\%

First option is correct.

Sloan [31]3 years ago
7 0
The correct answer is 9% -- APEX                        
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Annual insurance is 1,000 face value.
satela [25.4K]

Answer:

The correct answer is A.

Step-by-step explanation:

  • Premium for Company A :

face value = 1.86 , charges are 20% more for smokers

⇒ Charges = 20% of 250000 = $50000

Total charge = Charge × face value

                     = 50000 × 1.86 = $93000

  • Premium for Company B :

face value = 1.86 , charges are 18% more for smokers

⇒ Charges = 18% of 250000 = $45000

Total charge = Charge × face value

                     = 45000 × 1.86 = $83700

  • Premium for Company C :

face value = 2.07 , charges are 25% more for smokers

⇒ Charges = 25% of 250000 = $62500

Total charge = Charge × face value

                     = 62500 × 2.07 = $129375

  • Premium for Company D :

face value = 2.25 , charges are 15% more for smokers

⇒ Charges = 15% of 250000 = $37500

Total charge = Charge × face value

                     = 37500 × 2.25 = $84375

Hence, The option A. is correct that is Aaron is paying the smallest premium possible with company B



8 0
3 years ago
Read 2 more answers
Easy + brainliest<br><br> 2x(^3) + 10x(^2) − 4x(^2)y − 20xy<br><br> factor this pls, (show all work)
Dimas [21]

Answer:

Answer:

2x • (x2 - 2xy + 5x - 10y)

Step-by-step explanation:

Step  1  :

Equation at the end of step  1  :

(((2•(x3))+(10•(x2)))-(22x2•y))-20xy

Step  2  :

Equation at the end of step  2  :

(((2 • (x3)) +  (2•5x2)) -  22x2y) -  20xy

Step  3  :

Equation at the end of step  3  :

((2x3 +  (2•5x2)) -  22x2y) -  20xy

Step  4  :

Step  5  :

Pulling out like terms :

5.1     Pull out like factors :

 2x3 - 4x2y + 10x2 - 20xy  =

2x • (x2 - 2xy + 5x - 10y)

Final result :

2x • (x2 - 2xy + 5x - 10y)

Step-by-step explanation:

7 0
3 years ago
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What is the perimeter, P, of a rectangle that has a length of x + 5 and a width of y − 1?
Helen [10]

Answer:P=2x + 2y + 8

Step-by-step explanation: Perimeter (p) =2L+ 2w

P= 2(x+5)+2(y-1)

Remove bracket

P=2x+ 10 +2y - 2

P=2x+2y+8

6 0
3 years ago
Evaluate. Write your answer as an integer or as a decimal rounded to the nearest hundredth. tan 26° = ___
barxatty [35]

Answer:

0.49

Explanation:

Given the expression:

tan 26°

Evaluating using calculator

tan 26° = 0.4877

Hence the decimal rounded to the nearest hundredth is 0.49

4 0
1 year ago
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