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natali 33 [55]
3 years ago
8

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%

Mathematics
2 answers:
Andrej [43]3 years ago
7 0
The answer is 6.5%, I just took a test with this question.
mrs_skeptik [129]3 years ago
7 0

Answer:C. 6.5%

Step-by-step explanation:

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In the rectangular trapezoid ABCD AC is driven by a CD (see figure).
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Answer:

solution given:

let's see only in a right-angled triangle Δ ACD.

AC=3 units

AD=5 units

since Δ ACD is a right-angled triangle. It satisfies Pythagoras law

AD^{2}=AC^{2}+CD^{2}

25=9+CD^2

CD^2=25-9=16

CD=\sqrt{16} =4 units

Now

Area of rectangle Δ ACD=\frac{1}{2} CD*AC=\frac{1}{2}*4*3=6\: square \:units

similarly,

\frac{1}{2} AD*CE=6\: square \:units\\ 5*CE=6*2\\CE=\frac{12}{5}=2.4 units

since AB=CE=2.4 units

Δ ACE is a right-angled triangle. It satisfies Pythagoras law.

AC^{2}=AE^{2}+CE^{2}\\3^2=AE^2+2.4^2\\9-5.76=AE^2\\AE and BC=\sqrt{1.24} =1.11 units

now

area of trapezoid=area ofΔACD+Area of ΔABC

=6+\frac{1}{2}AB*BC=6+\frac{1}{2}*2.4*1.11=6+1.33 =7.33\: square \:units

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