A loan of $1500 attracts a daily interest of 3(0.29) = $0.87
For 120 days you pay $0.87 x 120 = $104.40 interest.
I = PrT; where P is the principal, r is the annual interest rate and T is the time.
500 x r x 1/365 = 0.29
r = 0.29 x 365 / 500 = 105.85/500 = 0.2117
Therefore,, Annual interest rate = 21.17%
Answer:
I believe it is 9ft
Step-by-step explanation:
First you distributive property:
3x-15=9
Add 15
3x=24
Divide
x=8
Answer: 7 +2x
Step-by-step explanation:
7 plus twice a number
Twice a number - 2x
7 plus 2x
Answer:
16 2/25
Step-by-step explanation:
1608 / 10^2
1608/100
16 8/100
16 4/50
16 2/25
