Answer:
15.14%
Step-by-step explanation:
The formula for APR is stated thus:
APR=fees+interest/principal/n*365*100
principal is the loan amount of $700
fees is the processing fees on the loan which is $50
interest amount=principal*interest %=$700*8%=$56
n is the number of days of the loan which is a year i.e 365 days
APR=($50+$56)/$700/365*365*100
APR=$106/$700/365*365*100
APR=0.151428571
/365*365*100
APR=0.151428571
*100=15.14%
The annual percentage rate on the loan is 15.14% which represents the actual cost on the loan not just the interest cost of 8% annually
Answer: 3580.50
Step-by-step explanation:
Answer:
2. There is also an irrelevant joke that 1 plus 1 equals window.
Step-by-step explanation:
Answer:
(a+3)^3
a^3 + b^3 + 3ab [identity : (a+b)^3 )]
a^3+ 3^3 + 3×a×3
a^3 +27+9a
answer : a^3+27+9a
hope it helps you
mrk me braniliest plz
Answer:
The least common multiple would be 105.
Step-by-step explanation:
You would do list out the multiples for each. Or multiply
Since 3 x 30 is 90, and 3 x 5 is 15, This is 105
And since 5 x 20 is 100, and 5 x 1 is 5, This is 105 as well
Also, since 7 x 10 is 70, and 7 x 5 is 35, This is 105.
The LCM is 105
Have a great Day!
