Interest = $500*0.12=$60
Processing fee = $25
Total finance charge = $(60+25)=$85.
APR=(total finance charge)/amount borrowed
=85/500
=17%
Answer:
c
Step-by-step explanation:
when you multiply 25* 7 you get 175 then you divide it by 60 which gives you 2.911 so its 2 hours and 55 min. I hope that was right and that was helpful
The formula is
V (t)=V0(b)^t
V (t) the value of the assets after 5 (t) years ?
V0 current value of assets 600000
B=1-0.20=0.8
T 5 years
So the value of assets after 5 years is
V (5)=600,000×0.8^(5)=196,608
Basically we want to know how many times 5/8 goes into 5 1/4.
5 1/4 ÷ 5/8 = 21/4 ÷ 5/8 = 21/4 × 8/5 = 42/5 = 8.4 bags
Since we cannot have a fraction of a bag, he can fill 8 bags completely.
answer: 8 bags
