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3 years ago

How is the interest rate on a payday loan calculated?

Mathematics

2 answers:

postnew [5]3 years ago

4 0

Answer:

b. total fees divided by loan amount

Step-by-step explanation:

The interest rate on a payday loan is usually calculated by dividing the total fees accrued in the loan repayment calculation by the exact loan amount.

Doing this will result in determining the interest rate used in a loan and it’s usually important to ensure accountability and also making sure the exact rate contained in the Loan application agreement Is the same as what is used later on.

snow_lady [41]3 years ago

3 0

Answer:

b. total fees divided by loan amount

Step-by-step explanation:

The interest rate on a payday loan is usually calculated by dividing the total fees accrued in the loan repayment calculation by the exact loan amount.

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What is the answer to this equation

julia-pushkina [17]

Answer:

$x = - \frac{494}{3}$ $= - 164\frac{2}{3}$

Step-by-step explanation:

$75 + \frac{3}{8} x = 13\frac{1}{4}\\\\75 + \frac{3}{8} x = \frac{53}{4}\\\\\frac{3}{8}x = \frac{53}{ 4} - 75\\\\\frac{3}{8}x = \frac{53-300}{4}\\\\\frac{3}{8}x = - \frac{247}{4}\\\\x = -\frac{247 \times 8}{4 \times 3} \\\\x = -\frac{494}{3}$

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3 years ago

After placing the compass' point on one end of the line segment and striking an arc above and below that segment, what is the ne

S_A_V [24]

Ill say, C) Place the compass' point on the other end of the segment.

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3 years ago

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Justify your reasoning when solving the equation: 3(x+4)=8x-18

vampirchik [111]

Answer:

Step-by-step explanation:

3x plus 12= 8x -18

subtract twelve on both sides:

3x= 8x- 30

minus 8x on both sides:

-5= -30

divide:6

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2 years ago

Which statement describes the polygon? A. The polygon is equilateral but not equiangular. B. The polygon is equiangular but not

matrenka [14]

B.t<span>he polygon is equiangular but not equilateral. this should be correct </span>

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3 years ago

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Which of the following is not represented by the image below

love history [14]

Answer:

Line BD can't be represent by the image.

Explanation:

Point: Point is a dot or vertex of any figure or diagram. It represent by capital alphabet. So, B would be a point.

Line: A line is a straight path with both endless. It means we can extends line from both end. But in case of BD we can't extend from point B. So, it won't be line.

Ray: A ray is straight path with one endless. It means we can't extend line from one end and extend from another end. But we can extend AC from both end. It won't be a ray.

Line Segment: A line segement is straight path with end from both end. We can't extend from either end of the line. We can say CD would be line segment.

Option 2 is correct.

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3 years ago