1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amid [387]
3 years ago
11

Shondra borrowed $200 for the books she needed for her second semester of college. The finance charge on the loan was $12, and t

he term of the loan was 21 days. What was the APR of Shondra's loan?
Mathematics
1 answer:
rosijanka [135]3 years ago
5 0

Answer:

the Annual percentage rate of shondra loan is 104.28%

Step-by-step explanation:

Given that

The borrowed amount is $200

The finance charge is $12

And, the term of the loan is 21 days

We need to find out the APR of the loan

so,

= (($12 ÷ $200) × 365) ÷ 21 × 100

= 104.28%

hence, the Annual percentage rate of shondra loan is 104.28%

You might be interested in
What is the multiplicative inverse of 1.5
Valentin [98]
Since 1.5 can also be written as 3/2, and inverse is 2/3
8 0
4 years ago
Which linear inequality is represented by the graph
levacccp [35]

Answer:

The correct awnser is A : )

Step-by-step explanation:

8 0
3 years ago
What is the answer to 4x=-12
vampirchik [111]
4x = -12
4/4    -12/4
x = -3
3 0
4 years ago
Select the solutions to the system of equations below? Not sure if I have this right. Thanks.
GarryVolchara [31]
The two options you picked are indeed correct.
4 0
3 years ago
Read 2 more answers
Determine the equation of the hyperbola.
VLD [36.1K]

Answer:

A) x²/9 -y²/4 = 1

Step-by-step explanation:

The distance from center to one vertex is half the difference of the distances from a point to either focus. That is, the distance from center to the vertex is 3 on the x-axis, so the x-term is (x/3)² = x²/9.

In the picture, ...

... c² = a² + b²

The problem statement tells us c = √13, so we know c² = 13. Then ...

... b² = c² - a² = 13 -9 = 4

and the y-term is y²/4.

Thus, the equation is ...

... x²/9 - y²/4 = 1

_____

You knew that was the correct choice as soon as you knew the x-term.

5 0
4 years ago
Other questions:
  • How do you answer rhis
    8·1 answer
  • How many pounds of meat is needed for 1000 patties that weigh .25 pounds
    11·1 answer
  • What is is intersection of plane p and plane r
    11·1 answer
  • 3(5+3)^2 +14<br><br><br> help me pls i cannot deal w my parents again
    13·2 answers
  • Mrs. Walters has 30 Markers. she gives each student 10 markers. how many students received the markers?​
    8·2 answers
  • Please check if u can help
    10·2 answers
  • Logan earned $8 for each dog he walked last summer. This summer, he raised his fee to $9 per dog. Express the change in Logan’s
    14·1 answer
  • Linar system in variables<br> -x-3y-2z=8,<br> -x+y+6z=, <br> x-9y-2z=4
    11·1 answer
  • What is solution to the inequality -8x - 15 &gt; 9
    9·2 answers
  • What is the value of i 20+1?<br> 1<br> –1<br> –i<br> i
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!