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:
thatl be 5
Step-by-step explanation:
Answer:
Step-by-step explanation:
1/4 x 20x - 1/4 x 28<2x - 6 + 2
5x - 28/4<2x - 4
5x - 2x<-4 + 28/4
3x<-4/1 + 28/4
3x<-16 + 28/4
3x<12/4
3x<3
3x/3<3/3
x<1
Answer: Your answer should be C) 171! Hope this helps you!
Step-by-step explanation:
<u>Answer:</u>
<u>The answer to five hundred million, one hundred fifteen in standard form is actually 500,000,115 because five hundred million in standard form is 500,000,000 and one hundred fifteen in standard form is 115.</u>
