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:
(a) 1, 2, 3, 6, 8
Step-by-step explanation:
Given


Required
The sequence of hours worked each day
<em>See attachment for options</em>
From the question, we understand that:

This means that, the middle number is 3 (when sorted)
So, we can conclude that (b) and (c) cannot be true because their middle numbers are 6 and 5 respectively
Next, is to determine the mean of (a) and (d)
The mean of a data is calculated as:

So, we have:
(a)



(d)



Option (a) is true, because it has:

