Approximate the interest rate for a lease that comes with a money factor of 0.0027. a. 0.65% b. 1.13% c. 6.5% d. 11.25%
2 answers:
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Answer:
Step-by-step explanation:
First, let's turn this sentence into a mathematical expression:
The quotient of the opposite of 30 and 6 means we're dividing negative 30 by 6. The next part, "plus the opposite of 8" means we want to add -8 to whatever we get from -30/6. So we have:
The quotient of the opposite of 30 and 6 means we're dividing negative 30 by 6. The next part, "plus the opposite of 8" means we want to add -8 to whatever we get from -30/6. So we have: