Answer:
Amount of finance charge = $800
Interest rate = 5% per year
Step-by-step explanation:
Given:
Cost of item = $4,000
Per month payment = $100
Number of month = 48 month = 48 /12 = 4 year
Find:
Amount of finance charge
Interest rate
Computtaion:
Total amount pay = 100 x 48
Total amount pay = $4,800
Amount of finance charge = Total amount pay - Cost of item
Amount of finance charge = 4,800 - 4,000
Amount of finance charge = $800
Interest = P x r x T
800 = 4,000 x r x 4
800 = 16,000 x r
Interest rate = 5% per year
Answer:
-2/5
Step-by-step explanation:
I don't see the choices.
It is equivalent to 0.8r.
Answer:
i would say
y = ( 77 - x ) / 2
Step-by-step explanation:
2x + 4y = 123 + 31
2x +4y = 154
4y = 154 -2x
y = ( 154 - 2x ) / 4
y = ( 77 - x ) / 2
Answer:
Reason 5
Step-by-step explanation:
Reason 1 and 2 are Given
Reason 3 is Reflexive
Reason 4 is Side-Side-Side congruency
