So you know 50% means half right? So then do 32*2 and you get 64.
We need to compute the exact number of days of the loan.
Given:
Loan: 1,870
rate: 11%
term: Oct. 5 to Jan 16.
Oct 5-Oct 31: 26 days
Nov: 30 days
Dec: 31 days
Jan 16: 16 days.
total number of days: 103 days.
Interest = Principal * rate * term
Interest = 1870 * 0.11 * 103/365
Interest = 58.05
Given:
Promissory note $5,380
rate 6.2%
term: July 15 to Dec. 28
July 15 - 31 = 16 days
August: 31 days
September: 30 days
October: 31 days:
November: 30 days
December: 28 days
Total number of days is 166 days
Interest = Principal * rate * term
Interest = 5,380 * 0.062 * 166/365
Interest = 151.70
Answer:
x = 4
Step-by-step explanation:
First you need to multiply both sides of the equation by -6/5
-6/5 × (-5/6x) = -6/5 × -10/3
Then you need to calculate and reduce. First, you'll reduce the numbers with the greatest common divisor, 6.
1/5 × 5x = -6/5 × (-10/3)
then reduce the greatest common divisor, 5
x = -6/5 × (-10/3)
Then multiply (multiplying two negatives equals a positive)
x = 6/5 × 10/3
reduce the greatest common divisor, 3
x = 2/5 × 10
reduce the greatest common divisor, 6
x = 2 × 2
x = 4
(i know this is confusing, sorry)
Answer:
Part A. x = 1/26 Part B. x = 1/50
Step-by-step explanation:
Solve for x:
26 x = 1
Divide both sides by 26:
Answer: x = 1/26
___________________
Solve for x:
50 x = 1
Divide both sides by 50:
Answer: x = 1/50
