Answer:
15.14%
Step-by-step explanation:
The formula for APR is stated thus:
APR=fees+interest/principal/n*365*100
principal is the loan amount of $700
fees is the processing fees on the loan which is $50
interest amount=principal*interest %=$700*8%=$56
n is the number of days of the loan which is a year i.e 365 days
APR=($50+$56)/$700/365*365*100
APR=$106/$700/365*365*100
APR=0.151428571
/365*365*100
APR=0.151428571
*100=15.14%
The annual percentage rate on the loan is 15.14% which represents the actual cost on the loan not just the interest cost of 8% annually
717/3= 239
Divide 717 by 3 to get the price of one night.
<em>Answer:</em>
D)(6(-3)/9)
<em>Step-by-step explanation:</em>
<em> -1</em>
<em>Simplify ——</em>
<em> 3 </em>
<em> -1</em>
<em>6 • ——</em>
<em> 3 </em>
<em>-2</em>
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Answer:
just do the thing and then thing the do
Step-by-step explanation:
