<u>Answer:
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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:
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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:
3/4 hours
Step-by-step explanation:
3/4 = 0.75
Answer:
9,400
Step-by-step explanation:
12,846 - 3,467 = 9,379
The hundreds digit is 3.
So, you look to the left of the digit and if it is 5 for more you add a number to the 3 and make the rest of the digits 0s. But if it below 5, then you leave the 3 alone and make the rest of the digit going to the right 0s.
Then, your answer is (9,400)
Hope this helps ; )
Answer:
Step-by-step explanation:
Find two rows in the table that have the same values in the f(x) and g(x) columns.
So what you would do is 3000 divided by 150 which is 20 then you would multiply 20 by 2 which is 40 so 40 is most likely defective.