Answer:
$400 
OR 
Step-by-step explanation:
$400 stays the same, 72 cents is 72/100. Simplify and voila
Answer:
His rate in chapters per hour is 8 chapters per hour
Step-by-step explanation:
If you divide 56 by 7 you get 8 also if you want to check to be sure you can just multiply 8 and 7 or 7 and 8
The GCF of 16 and 40 is 8.
16/8 = 2
40/8 = 5
We can rewrite this using the distribute property like so:
<h3><u>8(2 + 5)</u></h3>
Using the distributive property:
16 + 40
16 + 40 = 56
We can also add inside the parentheses and multiply and we'll get the same answer.
8(7)
56
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%
