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>
Answer:
This graph is not a function.
Step-by-step explanation:
For every x value, it has more than one y value. The graph also doesn't pass the vertical line test.
Answer:
This number is 5008405
Step-by-step explanation:
five million = 5000000
eight thousand = 8000
four hundred = 400
five = 5
Answer:
381.65
Step-by-step explanation:
449.00-14%=381.65