Interest = $500*0.12=$60
Processing fee = $25
Total finance charge = $(60+25)=$85.
APR=(total finance charge)/amount borrowed
=85/500
=17%
The equation that's illustrated simply depicts an investment as it shows the principal, and interest rate.
<h3>What is an investment?</h3>
It should be noted that an investment simply means a dedication of an asset in order to increase the value over a period of time.
In this case, the equation that's illustrated simply depicts an investment as it shows the principal, and interest rate. To calculate the investment, the time, amount and rate will be considered.
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The answer is B. It’s not too difficult
Answer:
14 guppies
Step-by-step explanation:
1/8th of 24 is 3 which leaves 21 remaining
2/3 of 21 is 14 as each third is 7
Take any 2 points the answer will be the same.
For point 2 and 3 : (-4)-(2)/(0)-(-1) = -6
the answer is -6
