Answer:
APR = 416%
EAR = 5370.60%
Step-by-step explanation:
Given:
Interest rate = 7.8% per week
Now,
In an year there are total 52 weeks
thus,
The APR (Annual percentage rate) = Interest rate × Total weeks in an year
or
APR = 8% × 52
or
APR = 416%
and, EAR ( Effective Annual Rate ) = ( 1 + r )ⁿ - 1
Here,
r is the interest rate per week
n is the total weeks in an year
thus,
EAR ( Effective Annual Rate ) = ( 1 + 8% )⁵² - 1
= ( 1 + 0.08 )⁵² - 1
= 53.7060
or
53.7060 × 100% = 5370.60%
Answer:
to find the answer for 1 pencil you just need to divide
Step-by-step explanation:
3.20$ divide by 4=0.8 /each pencil cost 0.8
4.80$ divide by 12=0.4 /each pencil cost 0.4
Undefined at the x- intercepts, +1 and -1.
<span>A bag contains 1p, 2p, and 5p coins.
3/8 of the bag are 1p coins.
There are as many 5p coins than 1p coins.
There are 640 coins in total.</span>
