Answer:
15%
Step-by-step explanation:
We have the followign simple interest formula
FV (aka AV)=PV(1+it)
which means that we have
(800+360)=800(1+3i)
1.45=1+3i
.45=3i
.15=i
15%
A i think sorry if i’m wrong
This question can be approached using the present value of annuity formula. The present value of annuity is given by

, where: PV is the present value/amount of the loan, P is the periodic (monthly in this case) payment, r is the APR, t is the number of payments in one year and n is the number of years.
Given that the<span> financing is for a new road bike of $2,500 and that the bike shop offers a 13.5% APR for a 24 month loan.
Thus, PV = $2,500; r = 13.5% = 0.135; t = 12 payments (since payment is made monthly); n = 2 years (i.e. 24 months)
Thus,
</span>

<span>
Therefore, his monthly payment is $119.44</span>
Velocity
Formula wise:
1/2 x mass x velocity^2