Answer:
Step-by-step explanation:
a) you know interest is 22 and principal is 1000 and number of months is 1
b) I = rPm
r = I/Pm
c) r = 22 / 1000(1) = 0.022 /month or 2.2% per month
or 12(0.022) = 0.264 or 26.4 % per year.
d) interest is $15, loan period is 2 weeks which occurs once during the loan, interest rate is 10% per two weeks.
P = I/rm
e) P = 15 / 0.10 = $150
Notice that there are 52 weeks/yr / 2week loan period = 26 period in a year.
This means that the APR is 0.10(26) = 2.60 or 260% annual interest rate. Pretty good return on investment if you are the lender and can keep your money lent out. Not so good if you are the borrower.
Answer:
m∠N = 51°
m∠M = 31°
m∠O = 98°
Step-by-step explanation:
It is given that ΔMNO is an isosceles triangle with base NM.
m∠N = (4x + 7)° and m∠M = (2x + 29)°
By the property of an isosceles triangle,
Two legs of an isosceles triangle are equal in measure.
ON ≅ OM
And angles opposite to these equal sides measure the same.
m∠N = m∠M
(4x + 7) = (2x + 29)
4x - 2x = 29 - 7
2x = 22
x = 11
m∠N = (4x + 7)° = 51°
m∠M = (2x + 9)° = 31°
m∠O = 180° - (m∠N + m∠M)
= 180° - (51° + 31°)
= 180° - 82°
= 98°
99-21=78
Answer:The floor lamp costs $78