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natima [27]
2 years ago
5

DIC A student has a total of $3000 in student loans that will be paid with a 48-month installment loan with monthly payments of

$73.94. Determine the APR of the loan to the nearest one-half of a percent​
Mathematics
1 answer:
gtnhenbr [62]2 years ago
5 0

Answer:

The APR of the loan was 18.30%.

Step-by-step explanation:

Given that a student has a total of $ 3000 in student loans that will be paid with a 48-month installment loan with monthly payments of $ 73.94, to determine the APR of the loan to the nearest one-half of a percent the following calculation must be done:

3,000 = 100

(73.94 x 48) = X

3,000 = 100

3,549.12 = X

3,549.12 x 100 / 3,000 = X

354,912 / 3000 = X

118.30 = X

118.30 - 100 = 18.30

Therefore, the APR of the loan was 18.30%.

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3 years ago
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andrew-mc [135]

A

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0.45 × 80 = 36


8 0
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What is the simplest form of the ratio 40:16?
Svetlanka [38]
So the greatest common factor of 40 and 16 is 8

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Hope this helps!
3 0
3 years ago
Read 2 more answers
Please help<br><br>answer choices are:<br><br>A. 46°<br><br>B. 67°<br><br>C. 115°<br><br>D. 134°​
bekas [8.4K]

Answer:

134°

Step-by-step explanation:

∠BAC = ∠BCA because it is an isosceles triangle

∠XCA = ∠XAC .  Congruent angles

∠XAC = 1/2(46) = 23° .  because CE bisects ∠ C

∠XCA = 23°

180° - 23° - 23° = 134° .  Sum of all angles in a triangle is 180°

If my answer is incorrect, pls correct me!

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8 0
2 years ago
Solve the pair of simultaneous equations and leave the answer as a fraction in
Elena-2011 [213]

Answer:

x = 11/3 = 3 2/3

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Step-by-step explanation:

Here, we want to solve the system of equations simultaneously

x + y = 8

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From the second equation, we have an equation for y

we can simply proceed to substitute this into the first equation

x + 2x - 3 = 8

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Recall;

y = 2x - 3

y = 2(11/3) - 3

y = 22/3 - 3

y = (22-3(3))/3

y = (22-9)/3 = 13/3

6 0
2 years ago
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