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:
2
Step-by-step explanation:
x^0+ y^0
Let x = 3 and y = 2
3^0 + 2^0
Raised to the 0 power is 1
1 + 1
2
Answer:
-14
Step-by-step explanation:
If you simplify the expression you get -14
Let the total be x
1/6x=3
x/6=3
x=18
therefore Ramal's stamp has 18 pages
1. 0-2-8
2. Use the percentage section of a calculator
3. Rafael 10 secs
4.the line is going through the origin 0,0 and the line is straight
5. Use percentage section of calculator
6. 10,000
