Answer:
Amount of finance charge = $800
Interest rate = 5% per year
Step-by-step explanation:
Given:
Cost of item = $4,000
Per month payment = $100
Number of month = 48 month = 48 /12 = 4 year
Find:
Amount of finance charge
Interest rate
Computtaion:
Total amount pay = 100 x 48
Total amount pay = $4,800
Amount of finance charge = Total amount pay - Cost of item
Amount of finance charge = 4,800 - 4,000
Amount of finance charge = $800
Interest = P x r x T
800 = 4,000 x r x 4
800 = 16,000 x r
Interest rate = 5% per year
Answer:
the answer is 3
Step-by-step explanation:
you piece of garbage im tryna help why u report me
Answer:
The 96th term of the arithmetic sequence is -1234.
Step-by-step explanation:
first term (a)=1
second term (t2)=-12
common difference (d)= t2-a
d=-12-1
d=-13
96th term (t96)=?
We know that,
t96=a+(n-1)d
t96=1+(96-1)(-13)
t96=1+95(-13)
t96=1-1235
t96=-1234
Joe paid 44$ for his pair of jeans and dennis paid 22$ for his pair of jeans
22+
44
_
66$
Answer:
25
Step-by-step explanation:
a= 2 A/b siny