Answer:
The "sweatshirts sold" column is the numbers on the x axis and the "money collected" column is the numbers on the y axis. For example, the first one would be graphed as (3,60)
Step-by-step explanation:
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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
<span>307,000
</span>Because 4 is less than 5
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