PLEASE HELPPPPPPBobby took out a single loan for $500 and paid a $50 fee. His loan is due in 1 week. Find the effective interest rate on the loan Bobby took out. Round the answer to one decimal place.
1 answer:
Answer:
He took a loan of $500 and paid a fee of $50 on the loan. This means that #500 divided by $50 =10%
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The value of ACOR stock rose 4.5% during June. The stock sold for $28 a share at the end of May. How much did the value of ACOR stock increase during June?
Answer:
Step-by-step explanation:
Subtract 7 from both sides.
Multiply both sides by v.
Multiply both sides by 1/(y - 7).
Answer: f(x)=125g+50
