The cost of 8 shirts is 120$
Assuming the plus sign is supposed to be an equal sign, the answer is 3/2. If not, the answer is 21/10.
I did this and the was 104. hope this helps :)
Answer:
all answers are shown and pictured
<u>Answer:
</u>
A loan for $1,200 has an annual interest rate of 5.2%. There is a $15 processing fee to receive the loan. The loan’s APR is 5.2%
<u>Solution:
</u>
Since full form of APR is Annual Percentage Rate and it is defined as rate of interest for whole year which means it is same as annual interest rate. Also processing fee is totally different component.
So APR = annual interest rate ----- eqn 1
Given that a loan of $1200 has an annual interest rate of 5.2% .
So by using eqn 1 we can say APR = annual interest rate = 5.2%
Hence APR for a loan of $1200 is 5.2%
