Answer:
APR = 416%
EAR = 5370.60%
Step-by-step explanation:
Given:
Interest rate = 7.8% per week
Now,
In an year there are total 52 weeks
thus,
The APR (Annual percentage rate) = Interest rate × Total weeks in an year
or
APR = 8% × 52
or
APR = 416%
and, EAR ( Effective Annual Rate ) = ( 1 + r )ⁿ - 1
Here,
r is the interest rate per week
n is the total weeks in an year
thus,
EAR ( Effective Annual Rate ) = ( 1 + 8% )⁵² - 1
= ( 1 + 0.08 )⁵² - 1
= 53.7060
or
53.7060 × 100% = 5370.60%
This is the one
<span>C. Start Fraction 25 over 4 End Fraction
</span>
Answer:
Step-by-step explanation:
The slope-intercept form is y = 2x-3.
<u>Step-by-step explanation</u>:
Given,
- The equation of the line is y=2x+7.
- The general equation of the line is in the form y= mx+c.
- where 'm' represents the slope of the line.
<u>Comparing the given equation with general equation, it can be determined that</u> :
m = 2 and c = 7 (y-intercept).
The given line passes through the point (3,3) which is equal to (x1,y1)
Therefore, x1=3 and y1=3.
Substitute m=2 and the values of (x1,y1) in the slope-intercept form,
The slope-intercept form is (y-y1) = m (x-x1)
(y-3) = 2(x-3)
y = 2x-6+3
y = 2x-3
Answer: 60000
Step-by-step explanation:
The ten thousands place is the 5th digit from the right. Because the digit in the thousands place is less than 5, round down to 60000.
