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Xelga [282]
3 years ago
7

If the lease factor is given 0.00045, what interest rate is that equivalent to

Mathematics
1 answer:
saul85 [17]3 years ago
4 0

To convert the lease factor (also called as money factor) into the equivalent interest rate, we simply have to multiply it with 2,400. So we use the formula:

interest rate = 2,400 * lease factor

Therefore,

interest rate = 2,400 * 0.00045

<span>interest rate = 1.08%               (ANSWER)</span>

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A ferry is travelling at a constant speed back to the dock, as shown in the graph. Which
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Answer:

c. y = -35*x + 105

Step-by-step explanation:

Lo que demos hacer es calcular los puntos cuando x = 0 y cuando x = 3, es decir el inicio y el fin del recorrido.

Cuando x es igual 0, y = 105, por lo tanto, la función sería:

y = A*x + 105

Cuando x = 3, y = 0, por lo tanto:

0 =  3*A +  105

resolvemos para A:

3*A =  -105

A = -105/3

A =  -35

Por lo tanto la función es:

y = -35*x + 105

es decir, la opción c.

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