Step-by-step explanation:
Since ,
Money lended =$400
Intetest =27.74%
Therefore,
Intetrst=p×r×t/100,if interested monthly
=400×27.74×1/100(interested monthly)
=4×27.74
=$110.96
Interest=p×r×t/100×1/12,if interested anually
=400×27.74×1/100/12
=110.96/12
=$9.24 or it will be $110.96 if it is interested anuaaly..
The answer is C. 3, because you're essentially saying 9 - (3 × 2) and that is 9 - 6, which equals 3. I hope this helps!
Aiden will receive $1.43 from a $5 bill.
If the state tax is 5.5%, you can use the equation below to solve for the total cost, <em>t</em>.
<em>t</em> = 1.055 (2 × 1.09 + 1.20)
<em>t</em> = 1.055 (2.18 + 1.20)
<em /><em>t </em>= 1.055 (3.38)
<em>t </em>= 3.5659
You can round 3.5659 to $3.57. Finally, you subtract 3.57 from 5 to find the amount of change Aiden will receive, <em>c</em><em />.
<em>c </em>= 5 - 3.57
<em>c </em>= 1.43