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Ostrovityanka [42]
3 years ago
11

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.

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.

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In a circle of radius 30 inches, a central angle of 35 will intersect the circle forming an arc of length _____.. . A.18.33 feet
defon
The answer to the question above is letter C. To explain the answer if the given question, a circle of 30 inches radius, if the central angle is 35 degrees, intersecting the circle forms an arc of length which is 18.33 inches.
8 0
3 years ago
Read 2 more answers
Someone help me with example plzz
kati45 [8]

Answer:

Angle JML= 132( given)

Triangle JML= 180( Angle sum property)

2x+ 48= KML( Exterior angle property)

In triangle JML,

76 + ∠L+ ∠KML=180°

∠KML=∠L( angles opposite to equal sides are equal)

76+2(2x+48)=180°

2(2x+48)=104°

2x=104-48=64°

x= 32°

Step-by-step explanation:

Hope it helps : )

5 0
2 years ago
A
max2010maxim [7]

Answer:

I guess 400g good for your diet. and health

3 0
3 years ago
At the north campus of a performing arts​ school, 30​% of the students are music majors. At the south​ campus, 70​% of the stude
Ivenika [448]

Answer:

The north campus had 600 students (180 music majors)

The south campus had 400 students (280 music majors)

Step-by-step explanation:

x = number of students at the north campus before the merger

If the total of students for the two school is given as 1000, so:

(1000 - x) =  number of students at the south campus before the merger.

The equation for music major is:

0,3x + 0,7(1000-x) = 0,46(1000)

0,3x + 700 - 0,7x = 460

0,3x - 0,7x = 460 - 700

- 0,4x = -240

x = -240/-0,4

x = 600 -----> total number of students at the north campus

600*(0,3) = 180 music majors at the north

100 - 600 = 400 ------> total number of students at the south campus

400*(0,7) = 280------>music majors at the south

4 0
3 years ago
Just answer 3 and 4 you don’t need to show your work just answers please!
ad-work [718]
#3.) 48 pieces of ribbon
#3.) this week they cost $112
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3 years ago
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