Answer:
The APR of the loan was 18.30%.
Step-by-step explanation:
Given that a student has a total of $ 3000 in student loans that will be paid with a 48-month installment loan with monthly payments of $ 73.94, to determine the APR of the loan to the nearest one-half of a percent the following calculation must be done:
3,000 = 100
(73.94 x 48) = X
3,000 = 100
3,549.12 = X
3,549.12 x 100 / 3,000 = X
354,912 / 3000 = X
118.30 = X
118.30 - 100 = 18.30
Therefore, the APR of the loan was 18.30%.
Answer:
The equation for the new line in slope-intercept form is:
Step-by-step explanation:
Since they give us an equation in slope-intercept form "y=4x+5", it is easy to extract the slope the new parallel line to this should have : "4" (same slope as the reference line)
We are also given a point the new line should go through : "(1, 6)"
So we can use the "point-slope" form of a line to find the equation of this new line:
which for our case is:
Answer:
362880
Step-by-step explanation:
You have to subtract the two people who are already doing something in line so you would do 11-2 which equals 9. Then you would do 9 mPr 9 which gives you an answer of 362,880.
The number is 42.
Let xy be the number. x is the tens digit, y is the units digit. The ratio of the units digit to the tens digit, y/x, is 1/2. This gives us the proportion
y/x = 1/2
The tens digit is 2 more than the units digit; x = y+2; substituting in our proportion we have
y/(y+2) = 1/2
Cross multiply:
y*2 = (y+2)*1
2y = y+2
Subtract y from each side:
2y - y = y+2-y
y = 2
x = y+2
x = 2+2
x =4
xy = 42
