Firstly we need to simplify it:
3/75 = 1/25
We know that 1/25 is as much as 4/100 which can be written as 0,04.
Also 0,04 is as much as 4%.
I hope it'll help you :)
Answer:
18.6
Step-by-step explanation:
Answer:
Total interest = $3.41
Step-by-step explanation:
Since she can pay $72 each month we can divide the payments on monthly basis till all the money is paid.
The annual interest rate is 24.7%, so the monthly rate will be 24.7 ÷ 12= 2.058%
For the first month
With payment of $72 the remaining amount will be 189.56 - 72 = $117.56
Interest paid will be 0.02058 * 117.56 = $2.42
Total amount owed now will be 117.56 + 2.42 = $119.98
For the second month another payment of $72 is made
The remaining will be 119.98 - 72 = $47.98
Interest charged will be 0.02058 * 47.98 = $0.99
The amount owed will be 47.98 + 0.99 = $48.97
In the third month she will pay the remaining $47.98 which is within her monthly limit
Total interest paid = Sum of Amount paid each month - Initial amount spent
Total interest = {(72 * 2) +48.97} - 189.56 = $3.41
Answer:
the unit rate is 1/10.
Step-by-step explanation:
4/40 divided by 4 equals 1/10
Answer:
Q1: 48
Q2: 59
Step-by-step explanation:
