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MrRa [10]
3 years ago
7

Payday loans are very short-term loans that charge very high interest rates. You can borrow $500 today and repay $575 in two wee

ks. What is the compound annual rate implied by this 15 percent rate charged for only two weeks?
Mathematics
2 answers:
Artyom0805 [142]3 years ago
8 0

Answer:

3685.7%

Step-by-step explanation:

Please don't get mad if it's wrong.

stepladder [879]3 years ago
4 0

Answer:

Step-by-step explanation:

If you pay 75 every two weeks and continue renewing for one year you will pay 150 a month *12 months= 1800

500/1800= 27% interest.

Most states have a 30% cap.

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Y=2x-5<br> 3x+8y+32=56 <br> What does y and x equal?
AVprozaik [17]
Y = 2x - 5
3x + 8y + 32 = 56
3x + 8(2x - 5) + 32 = 56
3x + 8(2x) - 8(5) + 32 = 56
3x + 16x - 40 + 32 = 56
19x - 8 = 56
<u>      + 8   + 8</u>
     <u>19x</u> = <u>64</u>
      19     19
         x = 3.4
y = 2(3.4) - 5
y = 6.8 - 5
y = 1.8
(x, y) = (3.4, 1.8)
5 0
3 years ago
6 The manufacturer of an oven states that the
Len [333]

Result, Rachel can be certain that the temperature is suitable for her cake.

7 0
3 years ago
A+b/a-b=5/3 what are the following ratios? 3a:2b
Papessa [141]

Answer:

3 a : 2 b = 6 : 1

Step-by-step explanation:

<em>\frac{a + b}{a - b} = \frac{5}{3}</em>

<em>3 ( a + b) = 5 ( a - b) </em>

<em>3 a + 3 b = 5 a - 5 b </em>

<em>5 b + 3 b = 5 a - 3 a </em>

<em> 8 b = 2 a </em>

<em> 2 a = 8 b</em>

<em><u>a = 4 b</u></em>

<em>3 a = 3 × 4 b</em>

<em><u>3 a = 12 b</u></em>

<em>3 a: 2 b = 12 b : 2 b</em>

<em>3 a : 2 b = 6 : 1</em>

7 0
3 years ago
Read 2 more answers
What is the equivalent percent fraction for 1/2 3/4 7/10 3/20 4/25 9/50 1/8
ohaa [14]

Answer:1/2=0.5

3/4=0.75

7/10=0.7

3/20=0.15

4/25=0.16

9/50=0.18

1/8=0.125

Step-by-step explanation:

1/2=0.5

3/4=0.75

7/10=0.7

3/20=0.15

4/25=0.16

9/50=0.18

1/8=0.125

4 0
3 years ago
Diego has 3 times as many comic books as Han.
Sloan [31]

Answer:

Han has 9 books

Step-by-step explanation:

If diego has 27 comic books than that means that all you have to do is divide 27/3. then that equals to 9

5 0
3 years ago
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