Answer:
Step-by-step explanation:
a) you know interest is 22 and principal is 1000 and number of months is 1
b) I = rPm
r = I/Pm
c) r = 22 / 1000(1) = 0.022 /month or 2.2% per month
or 12(0.022) = 0.264 or 26.4 % per year.
d) interest is $15, loan period is 2 weeks which occurs once during the loan, interest rate is 10% per two weeks.
P = I/rm
e) P = 15 / 0.10 = $150
Notice that there are 52 weeks/yr / 2week loan period = 26 period in a year.
This means that the APR is 0.10(26) = 2.60 or 260% annual interest rate. Pretty good return on investment if you are the lender and can keep your money lent out. Not so good if you are the borrower.
Answer:
Step-by-step explanation:
When simplifying an exponent a way to do is to expand the exponent. This means that it will now be
Whenever you see an x or y on the numerator and denominator cross it out because it is the same thing as 1
When you cross out all of the x's and y's the only variable left is y in the denominator. This means that the answer is
$13.68 because you do [.18+.06=.24] [18•.24=4.32] [18-4.32=13.68]
-7x + 6 = 27
-7x = 21 (Subtract 6 from both sides)
x = -3 (Divide -7 from both sides)
Answer:
Hey there!
Angela will have 7+2, or 9 cups of rice.
Let me know if this helps :)
