3,000,000,000+2,000,000+40,000+2,000+70*+60+5
Answer:
The APR of the loan was 18.30%.
Step-by-step explanation:
Given that a student has a total of $ 3000 in student loans that will be paid with a 48-month installment loan with monthly payments of $ 73.94, to determine the APR of the loan to the nearest one-half of a percent the following calculation must be done:
3,000 = 100
(73.94 x 48) = X
3,000 = 100
3,549.12 = X
3,549.12 x 100 / 3,000 = X
354,912 / 3000 = X
118.30 = X
118.30 - 100 = 18.30
Therefore, the APR of the loan was 18.30%.
Answer:
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Step-by-step explanation:
For a right angled triangle with one of its angle α (alpha) :-
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According to the question ,
1) When α (alpha) = d
2) When α (alpha) = e
