Answer:
Step-by-step explanation:
a) you know interest is 22 and principal is 1000 and number of months is 1
b) I = rPm
r = I/Pm
c) r = 22 / 1000(1) = 0.022 /month or 2.2% per month
or 12(0.022) = 0.264 or 26.4 % per year.
d) interest is $15, loan period is 2 weeks which occurs once during the loan, interest rate is 10% per two weeks.
P = I/rm
e) P = 15 / 0.10 = $150
Notice that there are 52 weeks/yr / 2week loan period = 26 period in a year.
This means that the APR is 0.10(26) = 2.60 or 260% annual interest rate. Pretty good return on investment if you are the lender and can keep your money lent out. Not so good if you are the borrower.
Answer:
y=10x+3
Step-by-step explanation:
you can't solve this because there is only one equation, so i guess you want it in slop-intercept form
Find the measure of O?
Line UV is a supplementary line. Line UV is 180 degrees. Angle TU is 30 degrees. Angle WV is 65 degrees. Angle TW (O) is unknown. Add the given angles. 30+65=95 degrees. Subtract the sum of the two angles from 180 degrees. 180-95=85. O is 85 degrees