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:
36
Step-by-step explanation:
8x + 4 = 4x + 20
8x - 4x = 20 - 4
4x = 16 divide both sides by 4
x = 4 and JM = 8x + 4 replace x with 4
8×4 + 4 = 36
Answer:
The answer is 687
Step-by-step explanation:
You need to add them all up and then divide by the number of rates which is 5
1.700+650+680+710+695=3435
2.3435/5=687
Hope this was helpful
Answer:
- 64%: 1024
- 96%: 1536
- 132%: 2112
- 232%: 3712
Step-by-step explanation:
<u>64% of 1600</u>
64% of 1600 = 2 × (32% of 1600) = 2×512
64% of 1600 = 1024
<u>96% of 1600</u>
96% of 1600 = 3 × (32% of 1600) = 3×512
96% of 1600 = 1536
<u>132% of 1600</u>
132% of 1600 = (100% of 1600) + (32% of 1600) = 1600 + 512
132% of 1600 = 2112
<u>232% of 1600</u>
232% of 1600 = (100% of 1600) + (132% of 1600) = 1600 +2112
232% of 1600 = 3712
False, vertical angles are not next to each other but opposite of each other
