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PSYCHO15rus [73]
3 years ago
12

The finance charge you will pay in dollars is the only thing you need to know about a loan.

Mathematics
1 answer:
Tanya [424]3 years ago
5 0

Answer:

The answer is "False."

Explanation:

A "finance charge" refers to the amount of money that a person will pay for borrowing or loaning a certain amount of money. This includes the <u>interest for the loan and other added fees.</u>

Although this is an important information you'll need to know, it is also important to consider other things such as<em> how it is being calculated in order to anticipate the amount you will be paying in the future. </em>You should also <em>consider ways on how to avoid it.</em>

The finance charge can be calculated in a simple way:

balance × monthly rate

You can get the monthly rate, if you know the Annual Percentage Rate (APR) of your loan. You can just divide the APR by 12, if you'd like to get the monthly rate. Let's say, your balance is $300 and your APR is %20. Then:

%20 APR ÷ 12 months = %1.6 interest rate per month

So, $300 × %1.6 (0.016) = $4.8 monthly finance charge

This means, that you also have to pay the monthly finance charge, in addition to your balance.

In order to prevent incurring finance charges, it is best to pay the full balance every time. This will enable you to save more money, rather than paying charges in the future.

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Solve the equation for all values of r.<br> (22 – 16) (22 + 49) = 0<br> Please help
wel

<em>Correct expression: </em>(x^2-16)(x^2+49)=0

Answer:

x =  4

x = -4

x = 7i or 7 \sqrt{-1}

x = -7i or (-7) \sqrt{-1}

Step-by-step explanation:

(x^2-16)(x^2+49)=0

We do factorization of x^2 - 16

(x^2-16) = (x+4)(x-4)

(x+4)(x-4)(x^2+49) = 0

We require that any term in the multiplication to be zero to fulfil the requirement

so:

if x + 4 = 0 then (x+4)(x-4)(x^2+49) = 0

x = -4

if x - 4 = 0 then (x+4)(x-4)(x^2+49) = 0

x = 4

if (x^2+49) = 0 then (x+4)(x-4)(x^2+49) = 0

x^2 = -49

we have two roots:

If your course has already worked with complex number and the root of -1 then:

7i and -7i are solution as well

because 7i will be: 7^2 \sqrt{-1} ^2= 49 (-1) = -49\\

and the same reasoning for -7i: (-7)^2 \sqrt{-1} ^2= 49 (-1) = -49

3 0
3 years ago
Which is greater 17/32 or 5/16
Setler79 [48]
17/32. You can turn 5/16 into 10/32. 17/32>10/32
4 0
4 years ago
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Mr. Potter's class will take a test for 1 1/2 hours. They need to finish by 11:40 to get to lunch on time.
Charra [1.4K]
10:10 because you subtract 1 hour and 30 mins from the original time<span />
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3 years ago
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Please help me with this please
artcher [175]

Answer:

3.50 one thats it

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Step-by-step explanation:

8 0
3 years ago
Determine the number of ways of placing the numbers $1, 2, 3, \dots, 9$ in a circle, so that the sum of any three numbers in con
solmaris [256]

Answer:

144 ways

Step-by-step explanation:

The arrangements to have the sum of three numbers being divisible by three can be approached by modular arithmetic such that the difference between the third integer and the sum of the first two integers is divisible by 3 making them congruent modulus 3

We have;

With the first number as 1

The second number can be 2, 5 or 8

The third number can then be 3, 6, 9

The fourth number can then be 4 or 7

The sixth number can be 3, 6, 9

The seventh number can be 4 or 7

The eight number can be 2, 5, 8

and the ninth number can be 3, 6, 9

Therefore, we have

the first number as 1

The second, fifth, and eight number can be 2, 5 or 8

The third, sixth and ninth number can then be 3, 6, 9

The fourth, and seventh number can then be 4 or 7 Which gives,

The number of possible arrangements for the numbers 2, 5, and 8 = 3! = 6

The number of possible arrangements for the numbers 3, 6, and 9 = 3! = 6

The number of possible arrangements for the numbers 4, and 7 = 2! = 2

he total number of possible arrangements = 2×6×6 =72

The arrangement can be reversed in the counter clockwise directions given  the total number of ways of placing the numbers 1, 2, 3,..., 9 in a circle, so that the sum of any three numbers in consecutive positions is divisible by 3 = 72 × 2 = 144 ways.

7 0
3 years ago
Read 2 more answers
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