1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
azamat
3 years ago
7

18. Noah paid off a loan with a simple interest rate of

Mathematics
1 answer:
Elena L [17]3 years ago
7 0

Answer:

29.1% is the correct APR

Step-by-step explanation:

Annual percentage rate=(interest+fees)/principal amount/n*365 days

interest is 9.7%

fees is not applicable to this question

principal is 100%

n is the number of days the loan was taken out for which is 4 months and the 365 days would be represented by 12 months instead.

annual percentage rate(APR)=(9.7%/100%/4)*12=29.1%

The correct option is 29.1% which represents the annual rate of interest on the loan taken by Noah on yearly basis

You might be interested in
Please help! I’ve always had trouble with these questions. It’d be a big hand.
deff fn [24]

2. c = 47,000 × n, where c is the cost of n number of bears.

3. a) The cost to ride 5 rides = $20.50, the cost to ride 8 rides = $28.00

The equation for the pattern, C(x) = 15.50 + 2.50 (r - 3), where C is the cost and r is the number of rides.

b) The cost to ride 12 rides = $36.00.

Step-by-step explanation:

Step 1; To find the cost of one bear, we divide the cost of bears by the number.

If 4 bears cost $188,000, 1 bear costs = \frac{188000}{4} = $47,000.

If 7 bears cost $329,000, 1 bear costs = \frac{329,000}{7} = $47,000.

So the equation is c = 47,000 × n, where c is the cost to buy n bears.

Step 2; For every additional ride, the price increases by $2.50. So the equation for the pattern is C(x) = 13.50 + 2.50 (x - 3).

When the number of rides is 5, C(5) = 15.50 + 2.50 (5-3) = 15.50 + 2.50 (2) = 15.50 + 5.0 = $20.50.

When the number of rides is 8, C(8) = 15.50 + 2.50 (8-3) = 15.50 + 2.50 (5) = 15.50 + 12.50 = $28.00.

When the number of rides is 12, C(12) = 15.50 + 2.50 (12-3) = 15.50 + 2.50 (9) = 13.50 + 22.5 = $36.00.

3 0
3 years ago
Find the distance between each pair of numbers on the number line; then find the coordinate of their midpoint.
quester [9]

Answer:

d = 1 7/24 or 31/24;  midpoint would be half of that,or 31/48

Step-by-step explanation:

Since distance is absolute value, add 2/3 and 5/8 to get the entire distance.  Midpoint is that distance divided by 2.

4 0
2 years ago
Read 2 more answers
A survey was given to 339 people asking whether people like dogs and/or cats.
lina2011 [118]

Answer:

80

Step-by-step explanation:

Think of it as a Venn diagram.  One circle is the people who like dogs, and one circle is the people who like cats.  The overlap is people who like both dogs and cats.

190 people in the survey said they like dogs.  That includes the people who like both dogs and cats.

141 people in the survey said they like cats.  That includes the people who like both dogs and cats.

If we simply add the two numbers together, we'll be counting the overlap twice.  So to find the total number of people who like dogs or cats, we have to subtract one overlap.

dogs or cats = 190 + 141 − x

Therefore:

190 + 141 − x + 88 = 339

419 − x = 339

x = 80

80 people said they liked both cats and dogs.

5 0
3 years ago
One number is 9 more than another. if the sum of the two numbers is 163​, find the two numbers.
tiny-mole [99]
I think that one number is 77 and the other is 86. 77 + 9 is 86. 86 +77 is 163.
5 0
3 years ago
What is the recursive formula for this geometric sequence with this explicit formula?
BabaBlast [244]

D

the n th term (explicit ) formula for a geometric sequence is

a_{n} = a_{1}(r)^{n-1}

The given explicit formula therefore has

a_{1} = 5 and r = - \frac{1}{8}

The recursive formula, allows us to find the next term in the sequence from the previous term

Here the next term in the sequence is obtained by multiplying the previous term by - \frac{1}{8}

a_{n} = a_{n-1}(- \frac{1}{8}) with a_{1} = 5


6 0
3 years ago
Other questions:
  • Using the numbers 8, 6, 4, and 2 write an expression that equals 32.
    6·1 answer
  • What is the function rule of (1,30) (2,35) (3,40) (4,45)?
    15·1 answer
  • Use the shell method to find the volume of the solid generated by revolving the region bounded by the line y=x+2 and the parabol
    7·1 answer
  • I only need help with II please
    6·1 answer
  • Which method will NOT get you to the point (5,2.5)?
    11·2 answers
  • Write 171 in 3 as a unit rate
    5·1 answer
  • Please, Answer THANK YOU! WILL GIVE BRAINLIEST
    6·1 answer
  • What is the coefficient in the expression 23y+5
    10·2 answers
  • For a certain type of computers, the length of time between charges of the battery is normally distributed with a mean of 50 hou
    9·1 answer
  • Select the correct days.
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!