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.
1. Yes
2. No
3. 46.6 (recurring)
5. 22'
Sorry this is all I can do. Hope this helps :)
Answer:
I hope I got this correct.
Step-by-step explanation:
Multiply the coordinates by 2.
P(4,8)
Q(-4,8)
R(0,-10)
For the future if you get stuck, multiply the coordinates by the dilation number.
It would be 8 to the 8th power
