Answer:
285.5
Step-by-step explanation:
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:
-1
Step-by-step explanation:
sub in the values of x, y and z into the equation
you get:
(-3)(-4)/(-2)(6)
= 12/-12
= -1
Answer:
718.5
Step-by-step explanation:
First, you see how many times 4 can go into 28. Then divide by 74. To get 718.5
His father can drive 25 days without the warning light