Answer:
This question requires a comparison between two different variables 6% and 16% values. If we let x=$ loaned on 6% loans and y=$ loaned on 16% loans, then we can relate two equations.
0.06x + 0.16y = $1500 --> referencing the interest earned from each percentage loaned.
x + y = $16000 --> referencing the total amount of money loaned out.
Rearrange either equation and substitute for a value in the other equation or use elimination to determine each individual variable.
Step-by-step explanation:
I think that the answer would be 5/5
Answer:
or 1.945%
Step-by-step explanation:
Term annual percentage rate(APR) is the annual interest rate charged ona financial year for a duration of one year. APR can be converted to weekly, monthly, daily or even semi-annual rates using the below formula.
Effective rate for period = (1 + annual rate)(1 / n of periods) – 1
Rate is given as:
Levi is a badass of course Levi
4 out of 32 or 4/32 are infested with beetles, you know because it shows what beetles look like and it shows 4 trees infected with beetles out of the possible 32 trees
