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Keith_Richards [23]
3 years ago
10

Which statement about the annual percentage rate (APR) is true?

Mathematics
2 answers:
Bas_tet [7]3 years ago
5 0

Answer:

d. The APR helps compare loans with the same payback period, but with different monthly rates and different fees.

Step-by-step explanation:

A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.

Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

An annual percentage rate (APR) is an amount of money paid as interest by borrowers or earned on loans by lenders such as banks, expressed as a percentage of the amount borrowed or invested over a 12-month period i.e on an annual basis.

Generally, the annual percentage rate (APR) helps compare loans with the same payback period, but with different monthly rates and different fees.

BartSMP [9]3 years ago
5 0

Answer:

A- If you have good credit, you will get a higher APR

Step-by-step explanation:

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Answer:

  x² -11x +18 = (x -9)(x -2)

Step-by-step explanation:

The x-coefficient is the sum of the constants in the binomial factors; the constant term is their product. It usually works well to look for factors of the constant that have the right sum. Here, both must be negative.

  18 = (-1)(-18) = (-2)(-9) = (-3)(-6)

The factors -2 and -9 have a sum of -11, so those are the binomial constants of interest. The factorization is ...

  x² -11x +18 = (x -9)(x -2)

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Answer:

3

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2 years ago
r. Yi buys vegetables at a market. He purchases 6 pounds of potatoes, p, and 3 pounds of onions, n, for $18. Onions cost twice a
ad-work [718]

Answer:

  • The equation 2n = p should be 2p = n.
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  • Potatoes cost $1.50 per pound.

Step-by-step explanation:

The wording "onions cost twice as much as potatoes" is understood to mean the cost per pound of onions (n) is equal to two times the cost per pound of potatoes (2p). Then the appropriate equation would be ...

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Then the solution is ...

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__

The equation should be 2p = n; onions cost $3.00 per pound; potatoes cost $1.50 per pound.

5 0
3 years ago
Solve the following equation for y.
labwork [276]

Answer:

17

Step-by-step explanation:

2y+2=36

Let's solve this equation for 2y first.  This means get 2y by itself.

So to get 2y by itself I need to undo that addition of 2 next to it.

The inverse operation of addition is subtraction.

I'm going to subtract 2 on both sides:

2y      =36-2

2y      =34

Now we want to get y by itself so we divide both sides by 2 since division and multiplication are inverse operations:

 y=        34/2

 y=        17

3 0
3 years ago
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Olegator [25]

Answer:

62.92

Step-by-step explanation:

21 percent of 52$ is 10.92 then add em together hope it helps

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