Here how i found my answer.
Answer:
the sun is actually a planet
Step-by-step explanation:
Answer:
initial cost per issue=$2
after subscription cost per issue=$1.6.
Step-by-step explanation:
Initially , Mei subscribed $24 for 12 issues for a magazine .When Mei used a coupen then 3 free bonus issues added to her subcsription .Therefore we can see the coupon reduces the cost per issue of Mei's subscription. Before use of coupon the cost of each issue is $2 and after added 3 more issue of coupon then the cost per issue is $1.6
If she works 40 hours getting paid $12 an hour she will get $480
Amount Financed: $2,650
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%