Answer:
APR = 416%
EAR = 5370.60%
Step-by-step explanation:
Given:
Interest rate = 7.8% per week
Now,
In an year there are total 52 weeks
thus,
The APR (Annual percentage rate) = Interest rate × Total weeks in an year
or
APR = 8% × 52
or
APR = 416%
and, EAR ( Effective Annual Rate ) = ( 1 + r )ⁿ - 1
Here,
r is the interest rate per week
n is the total weeks in an year
thus,
EAR ( Effective Annual Rate ) = ( 1 + 8% )⁵² - 1
= ( 1 + 0.08 )⁵² - 1
= 53.7060
or
53.7060 × 100% = 5370.60%
We can solve this by substitution method.
Look at the second equation. If we rearrange to find 7x, we can substitute in the value into the first equation.
Therefore, 
Now replace the 7x in the first equation with 5y - 12:
(substitute in 7x = 5y - 12)
Now that we know y, we can find x by substituting in y = 1 into any equation we want. I will use the equation: 7x = 5y - 12
(substitute in y = 1)
__________________________________________________________
<u>Answer:</u>
<u></u>
<u></u>
0.45+0.45= $0.90 + 5.50x2+2.25=$13.25 13.25+0.90 =$14.50 he would get $5.50 back out of the 20$ spent
Step-by-step explanation:
I hope this is correct.
(3x^2-2x+4)+(5x^2+6x-8) - Combine like terms
8x^2+4x-4
(f+g)(x)=8x^2+4x-4
