I believe the answer is 8 2/6 witch would rescue to 8 1/3 . Ok I'm not 100% positive but that look about right. Sorry if it is wrong.
P2 is 4 Hope this helps :)
Answer:
The APR reflects the interest rate plus the fees you paid directly to the lender or broker or both: origination charges, discount points and any other costs. Those fees add to the cost of the loan, and APR takes them into account. That's why APR is higher than the interest rate.
Step-by-step explanation:
Have a good day
Plan A = 9 +0.17x
Plan B = 21 +0.12x
9+0.17x = 21+0.12x
X=240
9+0.17(240)=49.8
21+0.12 (240)=49.8
240 minutes and cost $49.80 each
8 maybe? I’m really not sure but I just did 5x1.6