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:
A exterior angle of a polygon is an angle outside the polygon formed by one of its sides and the extension of an adjacent side.
Answer:
b. 75
Step-by-step explanation:
a(n) = a1 + d(n-1)
a(n) = 8.5 + 3.5(n - 1)
a(20) = 8.5 + 3.5(20 - 1)
a(20) = 8.5 + 3.5(19)
a(20) = 8.5 + 66.5
a(20) = 75
Answer:
8244
Step-by-step explanation:
I'm assuming your teacher wants you to distribute. If so, then you multiply the outer term 8 by each term inside (3a and 5). After that you add.
8 times 3a = 24a
8 times 5 = 40
So 8(3a+5) becomes 24a+40
We do not combine 24a and 40 as they are not like terms. So we leave 24a+40 as it is.