please help solve this question !! *the question is in the pic* (answer thoroughly and make sure to explain step my step and if
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2 answers:
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Amount Financed: $2,650
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%
Answer:
The repeating decimal cost
a) As a fraction = $
b) As a mixed number = $
Step-by-step explanation:
The cost of making a computer component
= $3.161616
= $ 3 + 0.161616
Looking at the repeating decimal it is in 6 decimal places, hence to convert it to a fraction,
0.161616/ 1000000 × 1000000
= 161616/1000000
Therefore, the cost of making the computer component =
$3 + $161616/1000000
Step 1
We convert to a fraction
$3 + $161616/1000000
We find the LCM = 1000000
($3 × 1000000)+ ($161616× 1)/1000000
3000000 + 161616/1000000
= $ (3161616/1000000)
As a Mixed number =