Answer:
C
Step-by-step explanation:
Using simple interest, it is found that the interest rate for the 12-month loan is of 6.74%.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of money after t years in is modeled by:
A(t) = A(0)(1 + rt)
In which:
- A(0) is the initial amount.
- r is the interest rate, as a decimal.
In this problem, we have that the parameters are given by:
t = 1, A(0) = 1900, A(t) = 12 x 169 = 2028.
We have to solve for r to find the APR, hence:
A(t) = A(0)(1 + rt)
2028 = 1900(1 + r)
1 + r = 2028/1900
1 + r = 1.0674.
r = 0.0674.
Hence, the interest rate for the 12-month loan is of 6.74%.
More can be learned about simple interest at brainly.com/question/25296782
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Last 3- ones
First 3- tens
Last 8- hundreds
First 8- thousands
1- ten thousands
Which only lists multiples of 16? O1,2,4, 8, 16 O 16, 24, 32, 40 O16, 32, 48, 64 O 1,2, 4, 8, 12, 16
schepotkina [342]
Answer:
48 & 68
Step-by-step explanation:
if you multiply the numbers you will see that you get 48 & 68 multiple times
Answer:
or 59.88% of the parking space is not covered by the car.
Step-by-step explanation:
This question deals with the area of a space.
We need to find the area covered by the car, and compare with the area of the parking space.
The area of the car (which we will assume in this case, is more like a rectangle) = Length × Breadth = 13 feet × 5 feet = 65 fee
The area of the parking space (a parallelogram) is base × height = 18 feet × 9 feet = 162 fee
The amount of the parking space occupied by the car is then given by = = or 40.12%
So, the area not covered by the car is gotten by subtracting the area covered by the car (which is a fraction), from 1.
So, 1 - = or 59.88% of the parking space