<u>Answer:
</u>
A loan for $1,200 has an annual interest rate of 5.2%. There is a $15 processing fee to receive the loan. The loan’s APR is 5.2%
<u>Solution:
</u>
Since full form of APR is Annual Percentage Rate and it is defined as rate of interest for whole year which means it is same as annual interest rate. Also processing fee is totally different component.
So APR = annual interest rate ----- eqn 1
Given that a loan of $1200 has an annual interest rate of 5.2% .
So by using eqn 1 we can say APR = annual interest rate = 5.2%
Hence APR for a loan of $1200 is 5.2%
Answer:
Answer is 19.2
Step-by-step explanation:
60x60= 3600 63x63= 3969
3969
- 3600 = 369 square root of the 369= is 19.2
Her method will produce a valid sample.
Her method will produce a random sample.
Her method will produce a representative sample.
Answer:
bob
Step-by-step explanation:
The answer to this question is 14 degrees Fahrenheit.
T(60) = (-7/6)(60) + 84 = 14