Amount Financed: $2,650
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%
Answer:
12 months
Step-by-step explanation:
Given that:
Mario:
12 stamps per month
Since January
Karen :
18 stamps per month
Starts on july
Number of stamps collected by Mario till the end of June :
12 * 6 = 72 stamps
For Mario :
72 + 12x
For karen:
18x
Where x is the number of months after karen starts :
Equate both equations
72 + 12x = 18x
72 = 18x - 12x
72 = 6x
x = 72/6
x = 12
After 12 months
Number of months after karen starts, will they have same amount of stamp
Answer:
8
Step-by-step explanation:
You just substitute the heights for H. 25 + 1.17(34) then find what that equals to the nearest inch and do the same for the boy